
This is an opportunity to acquire a profitable company that primarily serves customers in the energy industry at all levels of the value chain (upstream, midstream, downstream).
Energy industry products (natural gas, NGLs, condensates, crude oil, refined product, etc.) must travel through various measurement points to reach the consumer. In this market context, the Company’s products and services address flow measurement and instrumentation applications, as well as validating and calibrating measurement systems.
Highlights of this opportunity include:
➢ Alberta Energy Regulator requirements for testing frequency create a reliable base of re-occuring revenue.
➢ Growth opportunities in both service and product sections of business.
➢ Large catalogue of products for customer capex and maintenance applications.
➢ Multiple Master Service Agreements with major companies, renewed yearly for work to be completed on a monthly, quarterly, or yearly basis.
➢ Five exclusive agreements with specialty manufacturers to distribute products to the Canadian market.
➢ Certified by Measurement Canada to provide measurement services.
➢ Long-term customer relationships, few existing competitors, and material barriers to entry.
As an acquisition, this Company will complement a strategic buyer who wishes to expand its service offerings.
The Company operates from a facility held within the operating company. The commercial property is available for purchase to an acquirer of the operating company and leasing options will be considered also.
The shareholders are willing to support the transition to new ownership for a time period agreeable to all parties.