PE-Backed Construction Co. Scoops Up Pipeline Contractor

Law360, New York (April 17, 2013, 3:01 PM EDT) -- Texas-based power delivery and pipeline construction firm PLH Group Inc., a portfolio company of private equity Energy Capital Partners LLC, has acquired Canadian pipeline contractor Pipeworx Ltd., PLH announced Wednesday.

PLH acquired Pipeworx, which is based in Alberta, and its subsidiaries through Western Canada. The deal closed Tuesday, PLH said.

Pipeworx makes pipelines from two to 20 inches in diameter for oil and natural gas projects throughout Alberta. The Edmonton-based firm was founded in 2004 and employs several full-time pipeline crews across northern British Columbia, Alberta,...
To view the full article, register now.