Hydrodig Canada Inc

Hydrodig Canada Inc is a leading hydrovac service provider in North America, established in 1997. The company specialises in hydro-excavation, a safer and more cost-effective alternative to traditional excavation methods, which involves using high-pressure water and vacuum to remove soil cover and expose buried infrastructure. Hydrodig has identified a niche in the market for smaller, more versatile 4x4 multi-purpose hydrovac units, catering to a wide range of excavation projects, even in congested or difficult terrain. The company's business model revolves around working with a growing network of independent owner-operators, providing them with expertise, trucks, and administrative support to deliver hydrovac services in their local markets. In terms of industry focus, Hydrodig primarily serves the Energy, Oil, and Gas sectors. In January 31, 2022, Hydrodig secured a Debt Financing investment, with participation from BDC Capital's Growth & Transition Capital and BDC Venture Capital. This investment underscores the confidence that these important financial players have in the company's growth potential and its role in the hydro-excavation industry. The company's commitment to innovation, cost-effectiveness, and safety, combined with its recent investment, positions Hydrodig Canada Inc as a promising player in the hydrovac services sector.