DALLAS, Feb. 15, 2013 – Capital Alliance Corp. (www.cadallas.com), a global mid-market investment banking firm, recently assisted Parkland Pipeline Contractors (Alberta, Canada), a pipeline construction company, when it was sold to Tetra Tech, Inc. (Pasadena, Calif.), a $1.87 billion provider of consulting, engineering, program management, construction management and technical services.
“Parkland Pipeline is an innovative and capable builder of the pipelines that support the development of the oil and gas resources of Western Canada,” said Bryan Livingston, executive vice president and principal at Capital Alliance. “The firm has constructed pipelines for the major and independent oil and gas exploration and production companies that operate in the Western Canadian Sedimentary Basin. Its work is instrumental in transporting oil sands bitumen-derived petroleum, conventional petroleum and natural gas to market.”
Capital Alliance collaborated on the Parkland transaction with a Canadian investment banking concern, Veracap M&A International. Both Capital Alliance and Veracap are affiliates of M&A International, a global network of investment banking firms. Together the two firms initiated and negotiated the transaction, which involved the major shareholders of Parkland Pipeline Contractors and several prospective buyers, including Tetra Tech. Parkland Pipeline was founded in 1958 and is a highly respected provider of construction contracting services in Western Canada.
About Capital Alliance
Capital Alliance is a global mid-market investment banking firm providing consulting services for mergers and acquisitions. The company represents client companies in a variety of markets, including, energy, construction and engineering, manufacturing and business services. Since its founding in 1976, the privately held firm has completed more than 200 transactions with an aggregate transaction value in excess of $2.5 billion. Capital Alliance is a longtime member of M&A International, a network of investment banking firms operating in the major economies of the world.
Capital Alliance Corporation
2777 N. Stemmons Freeway, Suite 1220
Dallas, TX 75207
(214) 638-8280
www.cadallas.com
Media Contact:
Bob Greenfield, Hopkins PR