Partnership with IPAC Services Corporation
We represented the Seacliff Group in connection with the acquisition of a controlling interest in IPAC Services Corporation, a leading provider of construction, maintenance and logistical services in Alberta and British Columbia with operations in Grande Prairie, Ft. McMurray, Airdrie and Ft. St. John. IPAC focuses primarily on oil and gas facilities as well as serving the petro chemical, utilities, forestry, power generation and mining sectors across Western Canada. IPAC employs up to 550 staff and boasts a full service solution including; plant construction and maintenance, pipeline installation, abrasive blasting and painting, transportation and logistics, scaffold rentals and erection and electrical/instrumentation services.
The Seacliff Group is a privately-owned group of companies with extensive experience in the construction and real estate industries. Established in 1988, Seacliff was previously the major shareholder of publicly traded Seacliff Construction Corp. Currently, Seacliff’s private equity division is developing a portfolio of businesses in the infrastructure and industrial service sectors. The effective date of the transaction was June 30, 2014.