Add-on Acquisition • Energy Services and Equipment

T.D. Williamson Acquires Petro-Line

On December 16, 2024, T.D. Williamson acquired energy services and equipment company Petro-Line

Acquisition Context
  • This is T.D. Williamson’s 1st transaction in the Energy Services and Equipment sector.
  • This is T.D. Williamson’s 1st transaction in Canada.
  • This is T.D. Williamson’s 1st transaction in Alberta.

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M&A Deal Summary

Date December 16, 2024
Target Petro-Line
Sector Energy Services and Equipment
Buyer(s) T.D. Williamson
Deal Type Add-on Acquisition
Advisor(s) RBC Capital Markets (Financial)
Dentons (Legal)

Target Company

Petro-Line

Nisku, Alberta, Canada
Petro-Line is a provider of pipeline repair and maintenance services, serving customers throughout Western Canada. Petro-Line was founded in 1977 and is based in Nisku, Alberta.
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Buyer Overview 1

Buyer

T.D. Williamson

Tulsa, Oklahoma, United States

Category Company
Founded 1920
Sector Machinery
DESCRIPTION

T.D. Williamson is a provider of pipeline equipment and services company. TDW delivers safe integrity solutions for onshore and offshore applications. T.D.Williamson was founded in 1920 and is based in Tulsa, Oklahoma.


Deal Context for Buyer #
Overall 2 of 2
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 2 of 2
State: Alberta 1 of 1
Country: Canada 1 of 1
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-03 Plugging Specialists International ASA

Stavanger, Norway

Plugging Specialists International ASA is a provider of pipeline maintenance technology and services. PSI main product, PSI Smart Plugs, facilitates maintenance work and installation of pipelines by using intelligent plugs to stop and control pipeline flow.

Buy -