Mosaic completes majority acquisition of Streamline Mechanical

Canadian private equity firm Mosaic Capital Corp has completed its previously announced acquisition of a majority interest in Streamline Mechanical (1981) Ltd and Streamline Projects Inc. Financial details of the transaction were not published. With offices in Sherwood Park and Fort McMurray, Alberta, Streamline is a provider of site maintenance services and civil construction services to the oil and gas industry. Founded in 1974, the company had revenues of approximately $50 million for the year ended Sept. 30, 2013.

2 June 2014•10 mins read
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