CALGARY, Sept. 30, 2015 – Strike Group Inc. (including subsidiaries Strike Energy Services Inc., Strike Projects Ltd., Strike Industrial Ltd., Strike Electric & Instrumentation Ltd., SSG Developments Ltd., Strike Management Ltd. and Bob Dale Oilfield Services Ltd.) and TriWest Capital Partners (“TriWest”) are pleased to announce their partnership effective September 30, 2015.
The partnership will operate under the name Strike Group Limited Partnership (“Strike Group”) and will provide the same services as Strike Group Inc. and its subsidiaries.
Strike Group has over ten years of energy and construction service experience. Strike’s core service offerings include: Plant and Facility Construction, Pipeline Construction and Maintenance, Maintenance and Turnarounds, Module Assembly, Fabrication and Electric & Instrumentation.
“We look forward to this new partnership opportunity with the management of Strike and strengthening and expanding their operations”, said TriWest Senior Managing Director, Mick MacBean.
Strike Group President and Chief Executive Officer, Stephen Smith, further comments, “Strike is excited to be partnered with TriWest. We are confident this new partnership will greatly benefit our customers, employees and strengthen the continued growth of our organization”.
About Strike Group
Founded in 2004, Strike Group is an energy service and construction company based in Calgary, Alberta, focused on servicing the oil and gas industry throughout the Western Canadian Sedimentary Basin. Strike Group has multiple locations from northeast British Columbia, throughout Alberta, and into central Saskatchewan. Strike Group is proud of its experienced tradespeople, project management/supervision, and the processes to support them. Named one of Canada’s Best Managed Companies, and the recipient of Alberta Venture’s 2013 Contractor of the Year award. Visit www.strikeenergy.com for more information.
About TriWest Capital Partners
Founded in 1998 and based in Calgary, Alberta, TriWest is one of Canada’s leading private equity firms. TriWest has raised over $1.25 billion in committed capital through five funds and have invested in 32 companies to date. These investments have involved the acquisition of market-leading companies through management buyouts, growth financings, corporate divestitures and other special situations. TriWest provides more than just capital. The principals of TriWest have significant operational and financial expertise, making TriWest effective partners in creating shareholder value. More information on TriWest can be found at www.triwest.ca.
For further information please contact:
Business Development Coordinator