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.
Contacter l'équipe de la transaction
Bryan Livingston
Oaklins Capital Alliance
Transactions connexes
Sigma Group has secured a refinancing package from Arbuthnot Latham
Sigma Group has secured a refinancing package from Arbuthnot Latham to support future growth. The new committed debt facilities were structured as a combination of cash flow and asset-based lending facilities secured against receivables. This refinancing also enabled Sigma Group to optimize its capital structure.
En apprendre plusMäder 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.
En apprendre plusTrevi Finanziaria Industriale has finalized a rights issue
Trevi Finanziaria Industriale S.p.A. has successfully finalized a rights issue. The capital increase was aimed at strengthening the group’s financial flexibility, supporting the implementation of its business plan and preserving its ability to pursue selective inorganic growth opportunities consistent with its business activities.
En apprendre plus