Click here to view the original press release.
Fort Capital Partners is pleased to announce that Corrpro Canada Inc. (“Corrpro Canada”) has been acquired by PillarFour Capital Partners (“PillarFour”), a Calgary based private equity firm.
Corrpro Canada is headquartered in Calgary, Alberta with five additional field offices across Canada. The Company is a recognized leader in cathodic protection products and services that are vital to maintaining the integrity of critical infrastructure within oil & gas, power, marine and various other industries. Throughout its long history, Corrpro Canada has been a reliable partner for its customers and has continued to invest in technology that addresses the increasing complexity and regulatory requirements in the asset integrity space.
The partnership combines PillarFour’s success in growing energy technology companies with Corrpro’s presence across Canada and long track record to create the largest standalone provider of cathodic protection in the country. Corrpro Canada will continue to be led by Geoff McFarlane as CEO.
Fort Capital Partners acted as financial advisor to Corrpro Canada.