Description of Transaction
Carson is a true Saskatchewan success story and a recognized leader in pipeline construction, fabrication, facility construction, maintenance, and horizontal directional drilling. Founded in 1974, Carson has grown to be one of Saskatchewan’s largest private companies with over 900 employees and 15 operating locations across Western Canada. The Company also holds a much coveted and dominant position within the Saskatchewan region of the Bakken shale play.
Sequeira’s team recognized Flint as a natural fit. Given Flint’s complimentary service offerings and desire to develop the Saskatchewan market and Carson’s desire for succession and growth, the transaction created a win-win solution for both parties.
Sequeira understood the potential fit and objectives of both parties. Our expertise in energy services and strong relationships ensured that we were able to present the opportunity to the people that needed to hear it. The key success factor for the transaction was bringing together a highly experienced team of professionals focused on ensuring the success of the deal.
The final structure of the transaction ensured the future success of Carson’s 900 employees while preserving Ron Carson’s Saskatchewan legacy which was 37 years in the making.