Project Description
About Corrosion Service
Corrosion Services was founded in 1950 and is the second largest corrosion engineering firm in Canada. Corrosion is primarily focused on corrosion mitigation for the midstream energy industry. Corrosion provides external pipeline integrity through an end-to-end service offering consisting of cathodic and anodic protection systems, AC mitigation and external corrosion direct assessment.
Amount: $4.0 Million
Type: Secured Term Loan
Purpose: Management Buyout
Head Office: Toronto, Ontario
Ownership: Private
Date: April 2015