Redcap&Truss acted as financial advisor to the shareholders of Eclipse Downhole Solutions (“Eclipse”) on the sale of the business to Steelhaus Technologies Inc (“Steelhaus”).
Eclipse was founded by Mr. Nathan Jones in 2008 in Estevan, Saskatchewan and focuses on the design, engineering and build of downhole completion tools.
Steelhaus was also established in 2008 and has become one of the fastest growing completions company in North America. Based in Calgary, Alberta, Steelhaus boldly drives the market with innovative energy solutions; fusing practical, field-proven experience, adaptable engineering, integrated manufacturing, and uncompromising safety with relentless delivery of unwavering customer service.
“Chris and Patrick were truly trusted advisors. They quarterbacked all the various steps of our transaction, gave me their honest feedback and grinded through to closing. Really appreciate what the guys did for Eclipse and I’m very thankful we found a great partner in Steelhaus!” Nathan Jones, Owner, Eclipse Downhole Solutions
If you are interested in learning more about selling your business, the current market environment or are looking to acquire, please contact us.