The Selling Company: Odom Industries, Inc. is a provider of specialized custom formed segmental heads and the manufacturer of large, heavy and complex process equipment utilized by the petrochemical, power generation and oil and gas industries. Why the company was sold: Long lead times, capital constraints and growing business demand placed significant restrictions on the...
Author: iwerkdev
Onstream Pipeline Inspection Ltd. has received a strategic investment from Novacap
The private shareholders of Capital Alliance Corp. client Onstream Pipeline Inspection Ltd. (Onstream), based in Alberta, Canada, recapitalized the company with the participation of private equity group NOVACAP, based in Quebec, Canada. The transaction achieved the exit of several existing majority shareholders while at the same time enabling the management team/minority shareholders to prepare for...
Padoma Wind Power, LLC has been acquired by NRG Energy, Inc.
The Selling Company: Padoma Wind Power, LLC had been in business approximately three years, and was owned by three principals and one minor shareholder. All of the shareholders had excellent credentials and industry experience, having developed and completed over 40 utility-scale wind energy projects in their careers. Due to the stop and go nature of...
Panhandle Oilfield Service has sold an 80% stake to Akoya Capital
The Selling Company: Panhandle Oilfield Service Companies, Inc. Why the company was sold: Customers were clamoring for the company to continue to grow and add services. The shareholders wanted to grow the company as well, but did not want to continue to personally guarantee the debt. They felt that, with additional strategic management oversight and...
Parkland Pipeline Contractors has been acquired by Tetra Tech Inc.
The Selling Company: Parkland Pipeline Contractors, Ltd. is a leading small- to mid-bore pipeline construction company operating throughout Western Canada. The company serves the oil & gas majors and the larger independent exploration and production companies that produce and ship oil sands bitumen-derived petroleum, conventional petroleum, and natural gas in the Western Canadian Sedimentary Basin....
PC Specialties, Inc. has been acquired by T.P.S. Partners, Inc.
The Selling Company: P.C. Specialties, Incorporated, a Texas corporation, is one of the largest independent ISO certified global suppliers of high frequency printed circuit board antenna products. Their focus is the commercial telecommunication and wireless technology industries, with extensive experience of products including power dividers, phase shifters, striplines, patches, combiners, base station, GPS and satellite...
Peliton, LLC has been acquired by Aureon, Inc.
The Selling Company: Peliton, LLC, based in Denver, Colorado, is a leading professional employer organization (PEO) serving small and mid-sized businesses with comprehensive employment-related services and HR consulting. The company offers a full range of integrated HR support services including payroll, group health insurance, workers’ compensation insurance, safety and training, HR and compliance, and financial...
Potter Trucking, Inc. has been acquired by Blueknight Energy Partners, LP
The Selling Company: Potter Trucking, Inc. Why the company was sold: The majority shareholder was nearing retirement age and wanted to begin the process of selling his company. The buyer saw an opportunity to eliminate a fierce competitor and gain access to their customers. Capital Alliance’s Performance: CA introduced 25 potential buyers in the process,...
Precision Pipeline, LLC has been acquired by MasTec, Inc.
The Selling Company: Precision Pipeline, LLC is a leader among the construction contractors that build large-diameter transcontinental oil and natural gas pipelines in the United States. Formed by pipeline construction industry veterans, the company grew into a $500 million enterprise in just four years. Precision employs a workforce of 1500 that specializes in operating in...
Preferred Restaurant Services has been acquired by Express Restaurant Services
Express Restaurant Services purchased Preferred Restaurant Services (Preferred) in January 2012. Preferred provided restaurants with back office solutions such as accounting services, insurance programs, payroll processing and financing. Capital Alliance Corp. consulted with Preferred to resolve outstanding operational issues and liabilities to prepare the company for the sale.