The Bristol Alliance of Companies (“BAC” or the “Company”) is a group of construction, environmental, and professional services businesses based in Anchorage, AK and wholly owned by Bristol Bay Native Corporation (“BBNC”). BAC is organized as an SBA and 8A-eligible business. The Company provides a broad range of services, including engineering, civil and vertical construction, environmental remediation, fuel systems, range and unexploded ordnance response services, electrical and telecommunications services, demolition and site preparation services throughout the U.S., its territories and select international locations.
As part of its in-region development initiative, BBNC was seeking a partnership with a village corporation to further develop and grow the Company.
Zachary Scott & Co. was retained by BBNC on an exclusive basis to provide advice with regard to a transfer of a majority ownership to Choggiung Ltd.
Choggiung Ltd., the largest village corporation in the Bristol Bay region with more than 2,100 shareholders, acquired a majority ownership interest in BAC. BBNC will continue to support the business in its transition to new ownership.