Indianhead Pipeline Services LLC has been acquired by Strait Lane Capital Partners LLC
August 2012 — 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.
Our role in the transaction
Oaklins' team in Dallas advised the shareholders of Indianhead Pipeline Services on identifying a financial partner.
Talk to the deal team
Bryan Livingston
Oaklins Capital Alliance
Related deals
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Learn moreHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Learn moreGP-Connect has joined forces with Transformation Capital to accelerate growth
Transformation Capital, a Netherlands-based investment firm, has joined forces with GP-Connect, a leading international secondment platform with specialized brands serving the hospitality, IT, skilled labor, technical services and dental sectors. As part of the transaction, GP-Connect welcomes Transformation Capital as its new shareholder to support the company’s next phase of growth, while the founders and existing shareholders will remain actively involved. The partnership will focus on executing a targeted buy-and-build strategy, expanding the business internationally and further strengthening GP-Connect’s portfolio.
Learn more