M&A Deal Summary

Seal For Life Industries Acquires Canusa-CPS

On December 23, 2020, Seal For Life Industries acquired energy services and equipment company Canusa-CPS from Mattr Infratech

Acquisition Highlights
  • This is Seal For Life Industries’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Seal For Life Industries’ 1st transaction in Canada.
  • This is Seal For Life Industries’ 1st transaction in Ontario.

M&A Deal Summary
Date 2020-12-23
Target Canusa-CPS
Sector Energy Services and Equipment
Buyer(s) Seal For Life Industries
Sellers(s) Mattr Infratech
Deal Type Divestiture

Target

Canusa-CPS

Toronto, Ontario, Canada
Canusa-CPS is a developer and manufacturer of specialty pipeline coatings for the sealing and corrosion protection of pipeline joints and other substrates. Canusa-CPS delivers innovative solutions to increase the integrity of pipelines with an ever-increasing focus on advanced corrosion protection, automation for consistency, productivity, and safety and through the availability of data from field operations in real-time to provide greater traceability for our customers. Canusa-CPS was founded in 1966 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Seal For Life Industries

Stadskanaal, Netherlands
Category Company
Founded 1988
Sector Plastics
DESCRIPTION

Seal For Life Industries is a provider of corrosion prevention, waterproofing, and insulation prodStadskanaalucts. offers products for various markets, such as marine, splash zone, and underwater installation, mobile pipeline coating, onshore oil and gas pipelines, offshore, insulation, casing filler, energy, flooring, refinery, cathodic protection, cables and wires, and wastewater. Seal For Life Industries was founded in 1988 and is based in Stadskanaal, Netherlands.

DEAL STATS #
Overall 6 of 8
Sector (Energy Services and Equipment) 2 of 2
Type (Divestiture) 3 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Dhatec B.V.

Bergeijk, Netherlands

Dhatec B.V. is a global energy services company specializing in products and services for the pipeline and pipe services and the petrochemical and industrial segments of the oil and gas industry. Dhatec was founded in 1992 and is based in Bergeijk, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 Verdia

Conroe, Texas, United States

Verdia is a polymer flooring manufacturer, provides polyurethane concrete flooring systems and offers a complete line of epoxies, polyurethane, and polyaspartics formulations. Verdia was founded in 2014 and is based in Conroe, Texas.

Buy -

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 2 of 5
Sector (Energy Services and Equipment) 2 of 5
Type (Divestiture) 2 of 5
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2020) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-23 Dhatec B.V.

Bergeijk, Netherlands

Dhatec B.V. is a global energy services company specializing in products and services for the pipeline and pipe services and the petrochemical and industrial segments of the oil and gas industry. Dhatec was founded in 1992 and is based in Bergeijk, Netherlands.

Sell -
FOLLOWING 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 -
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