M&A Deal Summary

Achieve Capital Acquires Shaw Pipeline Services

On June 1, 2023, private equity firm Achieve Capital acquired energy services and equipment company Shaw Pipeline Services from Mattr Infratech

Acquisition Highlights
  • This is Achieve Capital’s 1st transaction in the Energy Services and Equipment sector.
  • This is Achieve Capital’s 1st transaction in the United States.
  • This is Achieve Capital’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2023-06-01
Target Shaw Pipeline Services
Sector Energy Services and Equipment
Buyer(s) Achieve Capital
Sellers(s) Mattr Infratech
Deal Type Divestiture

Target

Shaw Pipeline Services

Tulsa, Oklahoma, United States
Shaw Pipeline Services is a provider of non-destructive, ultrasonic, and radiographic pipeline girth weld inspection technology and services to the North American onshore and global offshore pipeline markets. Shaw Pipeline Services is based in Tulsa, Oklahoma.

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Buyer(S) 1

Buyer

Achieve Capital

Category Private Equity Firm
Founded 2020
PE ASSETS 100M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Achieve Capital is a private equity firm focused on small to medium-sized growth-oriented companies. The Firm seeks to make investments and acquisitions of businesses in a variety of industries. Achieve Capital was founded in 2020 and is based in Tulsa, Oklahoma.

DEAL STATS #
Overall 1 of 1
Sector (Energy Services and Equipment) 1 of 1
Type (Divestiture) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Mattr Infratech

Toronto, Ontario, Canada
Category Company
Sector Energy Services and Equipment
Employees5,938
Revenue 925M CAD (2023)
DESCRIPTION

Mattr Infratech is a growth-oriented, global energy services company that operates through eight divisions which focus on technology-based products and services for the pipeline and pipe services market and the petrochemical and industrial market with manufacturing and service facilities located in over fifteen countries around the world. Mattr Infratech is based in Toronto, Ontario.

DEAL STATS #
Overall 3 of 5
Sector (Energy Services and Equipment) 3 of 5
Type (Divestiture) 3 of 5
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-01 Triton Stormwater Solutions

Brighton, Michigan, United States

Triton Stormwater Solutions is a privately owned provider of highly engineered, lightweight, composite materials-based underground infiltration chamber products, used primarily within stormwater management solutions. Triton Stormwater Solutions is based in Brighton, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-14 Bredero Shaw

Leiden, Netherlands

Bredero Shaw is a pipe coating business that includes nine plants located in Canada, Mexico, Norway, Indonesia, the UAE, and the US, and several mobile concrete plants. The business also includes R&D facilities in Toronto and Norway and a wide IP/product portfolio. Bredero Shaw is based in Leiden, Netherlands.

Sell $166M
Mergr

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