Mergers and Acquisitions Analyst

Colas Canada Inc.; Toronto; On-site; CAD 104,000 - 110,000; Full time

Benefits offered by this job

Health benefits

Retirement programs

Paid vacation

Career development

Exposure to leadership

Job summary

Colas Canada is seeking a highly analytical Mergers & Acquisitions Analyst to support growth through acquisitions, strategic investments, joint ventures, and market intelligence initiatives. Reporting to the Vice President, Finance, you will identify, evaluate, and execute transactions to strengthen Colas Canada's market position and operational capabilities.

You will work with senior leaders across Finance, Operations, Legal, HR, and operating companies to drive value creation, rigorous

Qualifications

• 2 to 5 years of experience in investment banking, corporate development, mergers and acquisitions, private equity, transaction advisory, consulting, corporate finance, valuation, or strategic planning.
• Experience performing financial modelling, valuation, market analysis, and investment research.
• Strong Excel, PowerPoint, and financial presentation capabilities.
• Availability to travel regularly across Canada, representing approximately 10% to 30% of working time.

Responsibilities

• Identify and evaluate potential acquisition targets, joint venture opportunities, and strategic investments.
• Build and maintain detailed financial models, valuation analyses, and investment scenarios.
• Prepare business cases, investment memoranda, presentations, and executive-level recommendations.
• Support transaction execution activities, including due diligence coordination, data room management, and stakeholder communication.
• Conduct financial, operational, commercial, and strategic analyses to identify risks and value-creation opportunities.
• Assist in negotiation preparation and transaction structuring activities.
• Support post-acquisition integration planning, synergy tracking, and value-creation initiatives.
• Monitor market trends, industry consolidation, competitor activity, and emerging strategic opportunities.

Skills

Analytical skills

Financial analysis

Problem-solving

Communication skills

Excel skills

PowerPoint

Multitasking

Interpersonal skills

Bilingual: English & French

Education

Bachelor’s degree in Finance/Accounting/Commerce/Economics/Engineering/Business Administration/Mathematics

Tools

Capital IQ

Bloomberg

PitchBook

Grata

HubSpot

Salesforce

Job description

Colas is a Canadian leader in transportation infrastructure - materials, construction, and maintenance. From roads to rail, airports to ports, we build some of the most important projects that connect our communities.

Backed by our network of Colas companies across Canada and the Colas Group worldwide, Colas offers a wide range of innovative and sustainable solutions for the construction and maintenance of transportation infrastructure.

join the largest transportation infrastructure group in the world and help connect Canada.

Help Shape the Future of Colas Canada

Colas Canada is a national leader in transportation infrastructure, delivering materials, construction, and maintenance solutions that connect communities across the country. With approximately 8,000 employees at more than 300 locations across Canada, we combine national scale with the expertise and reach of the global Colas Group, the world's largest transportation infrastructure company.

We are seeking a highly analytical and commercially curious Mergers & Acquisitions Analyst to support Colas Canada's growth strategy through acquisitions, strategic investments, joint ventures, and market intelligence initiatives.

Reporting to the Vice President, Finance, with direct exposure to the President of Colas Canada, you will play a key role in identifying, evaluating, and executing transactions that strengthen Colas Canada's market position, geographic reach, and operational capabilities. You will work closely with senior leaders across Finance, Operations, Legal, Human Resources, and our operating companies to support strategic decision-making and long-term value creation.

Why Join Colas Canada?

• Build a career in corporate development within one of Canada's largest transportation infrastructure organizations.
• Participate in acquisitions, strategic investments, joint ventures, and integration initiatives across Canada.
• Gain exposure to executive leadership and strategic decision-making.
• Work on transactions involving leading companies in infrastructure, construction, aggregates, asphalt, road maintenance, engineering, and industrial services sectors.
• Develop expertise in valuation, financial modelling, market analysis, due diligence, and M&A execution.
• Collaborate with operating companies and leaders across Canada and the global Colas organization.
• Contribute to investments that help build and maintain infrastructure that connects communities across Canada.

The transportation infrastructure sector continues to evolve through consolidation, technological advancement, sustainability initiatives, and infrastructure investment.

What We Offer

Colas Canada offers a competitive total rewards package that includes:

• Comprehensive health and wellness benefits
• Retirement and financial well-being programs
• Paid vacation and approved time-off programs
• Professional development and career-growth opportunities
• Exposure to senior leaders and operating companies across Canada and the global Colas organization

Final compensation will reflect the successful candidate's qualifications, experience, internal equity, and the scope of the role.

What Success Looks Like

Within the first 12 months, you will:

• Develop a strong understanding of Colas Canada's operating companies, markets, and growth priorities.
• Build and maintain a comprehensive pipeline of acquisition and investment opportunities.
• Deliver accurate valuation models, market assessments, and transaction analyses that support executive decision-making.
• Contribute effectively to due diligence processes across financial, operational, commercial, and strategic workstreams.
• Develop strong relationships with operating company leaders, advisors, investment bankers, brokers, and prospective acquisition targets.
• Support the successful execution and integration of strategic transactions.

What You Will Lead

While this is an individual contributor role, you will take ownership of key workstreams and analyses that support strategic transactions.

• Conduct industry, market, and competitor research across transportation infrastructure, construction, engineering, aggregates, asphalt, ready-mix, and industrial services sectors.
• Identify and evaluate potential acquisition targets, joint venture opportunities, and strategic investments.
• Build and maintain detailed financial models, valuation analyses, and investment scenarios.
• Prepare business cases, investment memoranda, presentations, and executive-level recommendations.
• Support transaction execution activities, including due diligence coordination, data room management, and stakeholder communication.
• Conduct financial, operational, commercial, and strategic analyses to identify risks and value-creation opportunities.
• Assist in negotiation preparation and transaction structuring activities.
• Support post-acquisition integration planning, synergy tracking, and value-creation initiatives.
• Monitor market trends, industry consolidation, competitor activity, and emerging strategic opportunities.
• Maintain confidential transaction files, reporting dashboards, and pipeline tracking tools.

What You Bring

• 2 to 5 years of progressive experience in investment banking, corporate development, mergers and acquisitions, private equity, transaction advisory, consulting, corporate finance, valuation, or strategic planning.
• Experience performing financial modelling, valuation, market analysis, and investment research.
• Strong analytical, financial, and problem-solving skills.
• Experience building financial models and evaluating business performance.
• Understanding of valuation methodologies, including discounted cash flow, comparable company analysis, precedent transaction analysis, and return-on-investment metrics.
• Strong Excel, PowerPoint, and financial presentation capabilities.
• Ability to manage multiple priorities in a fast-paced and confidential environment.
• Excellent written and verbal communication skills.
• Strong interpersonal skills with the ability to build relationships across functions and levels of the organization.
• Bachelor’s degree in Finance, Accounting, Commerce, Economics, Engineering, Business Administration, Mathematics, or a related discipline.
• Availability to travel regularly across Canada, representing approximately 10% to 30% of working time, depending on business priorities and operational requirements.

Additional Assets

• Progress toward or completion of a CPA, CFA, CBV, MBA, or other relevant professional designation.
• Experience supporting mergers, acquisitions, strategic investments, or corporate development initiatives.
• Knowledge of construction, transportation infrastructure, engineering, industrial services, aggregates, asphalt, cement, or building materials industries.
• Familiarity with due diligence processes and transaction execution.
• Experience working with privately held or owner-operated businesses.
• Experience using Capital IQ, Bloomberg, PitchBook, Grata, HubSpot, Salesforce, or similar market intelligence platforms.
• French and English language capability.

Our Values: Respect. Commitment. Pioneering. Sharing

At Colas Canada, we believe in treating people with respect, delivering on our commitments, embracing innovation, and sharing knowledge to help others succeed. These values shape our culture, guide our decisions, and enable us to build strong teams, serve our communities, and deliver infrastructure that connects Canada.

Job Posting Information

• This position is expected to have annual compensation between $104 000 - 110 000.
• This posting is for a new role.
• Colas Canada may use artificial intelligence-assisted tools to support certain aspects of the recruitment and selection process

Diversity is Important To Us

At Colas, we believe our workforce should reflect the diversity of the communities we connect. By living our core values of , respect, commitment, pionneering and sharing, we welcome all those who help create the links that bring us together. We are committed to equal employment opportunity regardless of age, ethnicity, national origin, religious beliefs, disability, marital or family status, gender, gender identity or expression.