The private shareholders of W. Pidhirney Welding Ltd. (WPW), based in Alberta, Canada, have sold the company to US Shale Solutions, Inc. WPW is a rapidly growing company and is a highly profitable niche pipeline construction services provider. The company has been in business for over 25 years, covering projects throughout the province of Alberta...
The Selling Company: The Surepoint Group (Surepoint) is one of the fastest growing and most dynamic oilfield services companies in the Peace River Region of Canada, which includes northwestern Alberta and eastern British Columbia. Surepoint is focused on industrial instrumentation and electrical services, utilizing a unique service model formed by seven interrelated companies which provide...
The Selling Company: SeaWest WindPower is a leading developer of utility scale wind energy projects, primarily in the western United States. The company has developed over $1.2 billion in completed projects, comprised of over 3,300 turbines. Why the company was sold: The principals were nearing retirement age and no longer willing to risk the huge...
The Selling Company: Red Dirt Rentals, Inc. originally began as an equipment rental company to E&P companies in Texas and Pennsylvania. The company evolved into torque and testing, as well as isolation tool rental and services. Why the company was sold: The selling company saw tremendous growth potential in its service offering and needed additional...
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...
The Selling Company: Progressive Solutions, LLC is a national leader of herbicide-related vegetation management services, with operations in 23 states. With revenues over $20 mm, the company treats some 220,000 acres annually and operates a chemical distribution business. The pioneering owners have helped shape industry practices that exceed environmental, regulatory, economic, and operational expectations for...
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...
