M&A Deal Summary

Tetra Tech Acquires Parkland Pipeline Contractors

On January 3, 2013, Tetra Tech acquired energy services and equipment company Parkland Pipeline Contractors

Acquisition Highlights
  • This is Tetra Tech’s 1st transaction in the Energy Services and Equipment sector.
  • This is Tetra Tech’s 4th transaction in Canada.
  • This is Tetra Tech’s 2nd transaction in Alberta.

M&A Deal Summary

Date 2013-01-03
Target Parkland Pipeline Contractors
Sector Energy Services and Equipment
Buyer(s) Tetra Tech
Deal Type Add-on Acquisition
Advisor(s) Oaklins International, Inc. (Financial)

Target

Parkland Pipeline Contractors

Olds, Alberta, Canada
Parkland Pipeline Contractors Ltd. serves the oil and gas industry in Western Canada. Parkland Pipeline specializes in the technical support, engineering support, and construction of pipelines and oilfield facilities.

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Buyer(S) 1

Buyer

Tetra Tech

Pasadena, California, United States

Category Company
Founded 1966
Sector Engineering
Employees28,000
Revenue 4.5B USD (2023)
DESCRIPTION
Tetra Tech's corporate headquarters in Pasadena, California.
Tetra Tech's corporate headquarters in Pasadena, California.

Tetra Tech is a provider of consulting, engineering, program management, construction management, and technical services. Tetra Tech supports government and commercial clients by providing solutions to complex problems Tetra Tech was founded in 1966 and is based in Pasadena, California.


DEAL STATS #
Overall 16 of 36
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 16 of 36
State (Alberta) 2 of 2
Country (Canada) 4 of 6
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-03 American Environmental Group

Richfield, Ohio, United States

American Environmental Group Ltd. provides environmental, design, construction, and maintenance services to solid and hazardous waste, environmental, energy, utility, and other industrial clients.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-29 Cornerstone Environmental Group

Middletown, New York, United States

Cornerstone Environmental Group LLC is an environmental engineering and consulting firm focused on solid waste markets in the United States.

Buy -