Go to deals
Construction & Engineering Services | Private Equity

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.

Parties

Talk to the deal team

 Bryan  Livingston

Bryan Livingston

Managing Partner
Dallas, United States
Oaklins Capital Alliance

Related deals

Perkbox has been acquired by Great Hill Partners
Private Equity | TMT

Perkbox has been acquired by Great Hill Partners

Molten Ventures has sold Perkbox to Great Hill Partners.

Learn more
Arculus Cyber Security has been acquired by Bridewell
Private Equity | TMT

Arculus Cyber Security has been acquired by Bridewell

The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.

Learn more
Global IT Group has joined forces with enthus Group
Private Equity | TMT

Global IT Group has joined forces with enthus Group

Global IT Group, an IT services company, and enthus Group GmbH, an IT solution provider operating in Germany, Austria and Switzerland, have joined forces. As a result, enthus Group will significantly expand its market position in Switzerland. The sellers of Global IT have reinvested in the buyer and will ensure that local management continues to run the company as part of the succession planning.

Learn more