Go to deals
Construction & Engineering Services | Energy

Onstream Pipeline Inspection Ltd has received a strategic investment from NOVACAP

The private shareholders of Onstream Pipeline Inspection Ltd. (Onstream), based in Canada, have led a recapitalization of the company with NOVACAP to accommodate the exit of the existing majority shareholders while at the same time enabling the management team/minority shareholders to prepare for capturing the growth opportunities that lie ahead together with reducing their investment in the company. Financial details have not been disclosed.

Onstream is a rapidly growing company and is a highly specialized niche pipeline construction services provider. The company services the small diameter inline inspection markets using the latest technologies to collect metal loss, inertial and geometry data in one survey. The company has been in business for over 10 years, covering projects throughout the province of Alberta and into British Columbia, and has gained a reputation for outstanding customer service, a commitment to safety and completion of inspection reports on time.

NOVACAP is one of Canada’s leading private equity firms with over US$1.1 billion in assets under management. The firm currently has 28 platform investments covering a wide range of industries.

Oaklins' team in Dallas advised the seller in this transaction.

Parties

Talk to the deal team

Bryan Livingston

Managing Partner
Dallas, United States
Oaklins Capital Alliance

Related deals

Tri Fire Limited has been acquired by Phenna Group
Business Support Services | Construction & Engineering Services

Tri Fire Limited has been acquired by Phenna Group

The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.

Learn more
Sindal Biogas A/S has been acquired by CIP
Energy

Sindal Biogas A/S has been acquired by CIP

Sindal Biogas A/S, a large-scale Danish biogas plant owned by KK Invest ApS and DBC Invest, has been partly sold to Copenhagen Infrastructure Partners P/S (CIP).

Learn more
Muehlhan Wind Service has acquired a controlling interest in Endiprev
Private Equity | Construction & Engineering Services | Energy

Muehlhan Wind Service has acquired a controlling interest in Endiprev

Muehlhan Wind Service has acquired a controlling interest in Endiprev, merging two wind industry leaders to create a global frontrunner in installation and maintenance services.

Learn more