Parkland Pipeline Contractors has been acquired by Tetra Tech Inc.
January 2013 — Environmental consulting and engineering firm Tetra Tech Inc. (NASDAQ: TTEK) has acquired the Canadian oil and gas service company Parkland Pipeline Contractors Ltd. Parkland Pipeline will join Tetra Tech’s Remediation and Construction Management (RCM) segment. The terms of the transaction have not been disclosed.
Based in Alberta, Parkland Pipeline specializes in the planning, construction and ongoing maintenance of pipelines as well as the maintenance of pipeline oilfield facilities.
Tetra Tech is a leading global provider of consulting, engineering, program management, construction management and technical services for the water, environment, energy, infrastructure and natural resources sectors.
Our role in the transaction
Oaklins' team in Dallas identified a dozen qualified and highly interested buyers for the seller through a disciplined sale process. The seller ultimately received attractive offers from three qualified buyers. The Oaklins team negotiated with the various buyers to get the best deal for the seller.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Mäder Group has welcomed new minority shareholder Whitestone Group, BNP Paribas Développement has reinvested
Mäder Group, a specialist in high value-added paints and composites solutions, has renewed its shareholding structure through an investment by Whitestone Group, a listed Belgian investment holding company, while BNP Paribas Développement has reinvested.The founding family will continue to lead the group through its current chairman and CEO, Julien Molina. Bpifrance and Naxicap Partners, long-standing partners of the Mäder Group since 2010, have fully exited their investments. The new capital structure is designed to enable Mäder Group to continue executing its growth strategy through both organic expansion and strategic acquisitions.
Learn moreLomboser has partnered with Growth Partners Capital
Growth Partners Capital has acquired a minority stake in Lomboser S.A., establishing a strategic partnership to support the company’s next phase of growth and expansion across Iberia.
Learn moreTechnolignes builds an Eastern Canada leader with the acquisition of C3F Telecom
C3F Telecom Inc. has been acquired by Technolignes as part of its strategy to build a leading telecommunications infrastructure platform across Eastern Canada. The transaction brings together two highly complementary businesses, combining C3F’s engineering and network design expertise with Technolignes’ established field construction capabilities and regional presence. Together, the companies are well positioned to deliver end-to-end telecommunications infrastructure solutions to telecom operators, municipalities and public sector clients across a broader geographic footprint.
Learn more