C

CEDA

Specialty industrial and environmental services provider

Overview

CEDA provides specialty industrial and environmental services in North America for oil and gas, petrochemical, mining, and power sectors. It uses a fleet of specialized equipment and skilled teams to perform services such as pressure and vacuum work, fluid transport, chemical cleaning, tank maintenance, pigging and decoking, exchanger work, fabrication, and tailings management, delivered through service contracts and project engagements. The company differentiates itself with an integrated, broad service portfolio and a strong safety record to help clients maximize production, reduce risk, and avoid outages. Its goal is to improve customers’ reliability and efficiency while maintaining a safe working environment for its employees.

Significant Headcount Growth

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About CEDA

Simplify's Rating
Why CEDA is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingEnergy

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Calgary, Canada

Founded

1973

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Simplify's Take

What believers are saying

  • May 2026 Best Managed Platinum Club status signals disciplined execution and retention.
  • Hillcore’s June 2024 ownership funds bolt-on acquisitions and fleet expansion.
  • CEDA’s September 2026 job fairs show hiring demand and operational growth.

What critics are saying

  • Integration of DDT and Breakthrough risks service disruption and duplicate overhead through 2027.
  • Oil, pipeline, and mining client spending collapses quickly when turnaround budgets tighten.
  • A severe refinery or tailings incident would trigger shutdowns, litigation, and buyer flight.

What makes CEDA unique

  • CEDA’s 120-plus services and North American footprint deepen customer switching costs.
  • June 2026 Decoking, Descaling Technology acquisition broadens pigging and decoking capabilities.
  • July 2026 Breakthrough Oilfield Services adds pressure trucks, hot oilers, and vacuum units.

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Benefits

Health Savings Account/Flexible Spending Account

401(k) Company Match

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

5%

1 year growth

5%

2 year growth

5%
Newswire
Jun 19th, 2024
Hillcore Group Acquires CEDA

Hillcore Group, a leading Canadian investment firm, completed the acquisition of CEDA from OMERS on June 18, 2024. This acquisition aligns with CEDA's strategic objectives and aims to enhance value for clients. Kevin Fleury, President & CEO of CEDA, expressed excitement about the new opportunities. Greg Tedesco, Managing Director & CFO of Hillcore, emphasized the importance of CEDA's leadership team and welcomed its 1,500 employees. OMERS thanked CEDA for their partnership over the past 19 years.

Catering Insight
Sep 9th, 2023
Former Welbilt sales director Steve Hemsil reveals new assignment

Former Welbilt sales director, Steve Hemsil, will join Ceda in a new role from Monday 11 September.

Catering Insight
Jul 21st, 2023
Ceda launches agile leadership programme for catering equipment sector

Ceda launches agile leadership programme for catering equipment sector.

Catering Insight
Feb 27th, 2023
Advance Group MD steps up to Ceda board role

Advance Group’s managing director Ryan Yeates has joined the board of distributor trade body Ceda.

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