Ram River Pipeline Outfitters has been acquired by Proline Pipe Equipment Inc.

The shareholders of Ram River Pipeline Outfitters Ltd have sold the company to Proline Pipe Equipment Inc.

Ram River Pipeline Outfitters is a support services company. It applies protective coatings and foam products to protect pipeline installations in the field, specially in the oilfield industry.

Based in Canada, Proline Pipe Equipment manufactures and distributes specialized pipeline construction equipment as well as a large variety of fabrication, pipeline and utility supplies and consumables.

Oaklins' team in Dallas advised the seller in this transaction. It provided M&A market research and valuation assistance to the founders, and ultimately recommended taking the company to market. A narrowly-focused market outreach was done after the development of a complete information memorandum. The team highlighted a defensible near-term growth forecast and opportunities to expand the company’s service line with proprietary innovations developed by the company.