PLH Group, Inc. (PLH), a portfolio company of private equity firm Energy Capital Partners, announced its acquisition of Pipeworx Ltd. (Pipeworx), a leading pipeline contractor in Western Canada.
Effective April 16, 2013, PLH has acquired Pipeworx and its subsidiaries. With four offices and headquarters in the Edmonton, Alberta area, Pipeworx delivers infrastructure services to the oil and gas industry across the Western Canadian Sedimentary Basin. Since its founding in 2004, Pipeworx has been committed to the successful completion of its projects – safely performing quality workmanship on time and within budget. Specializing in the construction of pipelines ranging in size from 2" to 20" in diameter, Pipeworx has evolved into one of the most innovative and respected pipeline contractors in Western Canada. Pipeworx also provides infrastructure services for gathering systems, well sites and facilities, tank farm installations, compressor installations, module fabrication and integrity repair programs.
"Canada, and Western Canada in particular, presents significant emerging and long-term opportunities for PLH and the pipeline infrastructure services market as a whole," said Mark Crowson, President and CEO of PLH. "This strategic addition to PLH significantly expands our geographic footprint in North America, and we are pleased to welcome Pipeworx to the PLH platform." Pipeworx will be an operating unit of PLH, and its current senior management and employees will remain in place.