Strike Group Inc.
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Strike Group Inc. - overview
Established
2004
Location
Calgary, AB, Canada
Primary Industry
Oil & Gas
About
Strike Group Inc. provides specialized energy and industrial construction and maintenance services, focusing on operational efficiency and safety within the oil and gas industry and beyond. Founded in 2004 in Calgary, Canada, Strike Group Inc. specializes in energy and industrial services.
The company operates independently and has not undergone any significant pivots or changes in business strategy. There is no record of a parent company or subsidiaries. In September 2015, TriWest Capital acquired a majority stake in Strike Group Inc. , with the financial terms undisclosed.
The company has completed one deal to date, which is its most recent one. Strike Group specializes in energy and industrial construction and maintenance services, primarily targeting the upstream, midstream, and downstream sectors of the oil and gas industry, as well as power, utilities, renewables, and commercial sectors. Its core offerings include plant and facility construction, industrial fabrication, maintenance and turnarounds, electrical and instrumentation services, and site rehabilitation. The company serves a wide range of clients, including major energy producers, utility companies, and industrial operators throughout Canada, specifically in regions such as Alberta, British Columbia, and Saskatchewan, as well as other markets as needed.
Strike Group's focus on community engagement, safety, and diversity enhances its appeal to customers who prioritize responsible and sustainable practices. Strike Group operates under a B2B transaction model, primarily engaging in contracts with corporations in the energy and industrial sectors. Revenue is generated through project-based contracts, where clients commission the company for specific construction and maintenance services. The company also establishes partnerships and service agreements with its clients, providing ongoing support and maintenance following initial project completions.
While specific pricing plans are not publicly disclosed, typical transaction structures may involve fixed-price contracts or time-and-material contracts, depending on the nature and complexity of the services provided. The company emphasizes its commitment to delivering projects on time and within budget, reinforcing its status as a reliable partner in the industry. Strike Group Inc. is focused on expanding its market reach and enhancing its service offerings.
The company is currently working on new projects aimed at capturing opportunities in emerging markets and is targeting expansion into regions with growing energy demands by the end of 2025. The investment from TriWest Capital will support these initiatives, enabling the company to scale its operations and enhance its service capabilities. In October 2025, the company’s management acquired Strike Group Inc. from TriWest Capital Partners.
The recent acquisition is expected to provide the necessary resources for executing upcoming product launches and geographic expansions.
Current Investors
TriWest Capital Partners
Primary Industry
Oil & Gas
Sub Industries
Facilities & Maintenance Services, Oil & Gas Equipment and Services, Construction
Website
www.strikegroup.ca/
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Strike Group Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sale to Management | Completed | Strike Group Inc. | - | ||||||||
| Add-on | Completed | Jedco Energy Services Corp. | - | ||||||||
| Buyout | Completed | Strike Group Inc. | - |
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