Case Study

Indianhead Pipeline Services LLC has been acquired by Strait Lane Capital Partners LLC

The private shareholders of Indianhead Pipeline Services, LLC have sold a 69% stake in the company to private equity firm Strait Lane Capital Partners, LLC (SLCP) for US$23 million.

Indianhead Pipeline Services, LLC provides pipeline construction support services for mid- to large-diameter oil and gas transmission pipelines throughout the United States. The company provides a mix of services including buoyancy control, foam systems that protect buried pipelines, and right of way restoration services to the largest pipeline construction contractors and their pipeline system owners.

Strait Lane Capital Partners, LLC is an investment firm based in Dallas, Texas. SLCP has made a number of investments in market niches where the acquired company enjoys a prominent market position.

The shareholders built the company to take advantage of the surge in pipeline construction demand that began in 2007 and is expected to continue through the middle of the 21st century as North American unconventional oil and gas production climbs. Having achieved strong profitability, the shareholders elected to seek a financial partner who could benefit from participating in the future growth of the company, while allowing them to reduce their personal risk profiles by monetizing a portion of their investment.

Oaklins' team in Dallas advised the shareholders of Indianhead Pipeline Services on identifying a financial partner.

Tombstone image for Indianhead Pipeline Services LLC has been acquired by Strait Lane Capital Partners LLC

KEY DEAL CONTACTS

Bryan Livingston

United States

Managing Partner

VIEW PROFILE