Kirkland Reps Cardno In $145M Deal For Oilfield Service Biz

Law360, New York (March 18, 2014, 2:16 PM EDT) -- Australia-based environmental services company Cardno Ltd. on Monday agreed to buy Houston-based oil and gas engineering firm PPI Technology Services for $145 million, a move that further enlarges Cardno's footprint in the global energy sector.

PPI provides specialist engineering services to the oil and gas sector in the U.S., West Africa and Asia-Pacific region, particularly in the upstream and midstream sectors. Its addition will allow Cardno to expand within a growing energy market — oil, gas and energy clients will now account for around 25 percent...
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