Corrpro Canada, Inc (“Corrpro”), a leading Canadian provider of cathodic corrosion protection services, is pleased to announce the expansion of its product offering with the acquisition of substantially all of the oil, gas and energy assets of PureHM Inc.. As part of the transaction, Corrpro has also acquired a global exclusive license to certain intellectual properties related to the acquired assets to be applied within the oil, gas and energy pipeline inspection business.

The acquisition enables Corrpro to provide solutions for regulated inspections of key pipeline infrastructure that deliver energy products. Corrpro uses best-in-class technologies and provides operators with actionable information needed to identify problem areas, reduce unnecessary pipeline repairs, and prolong asset life ensuring that pipelines are fit for service. Corrpro is now able to provide the Spectrum XLI and Armadillo tracking tools which are proven to increase efficiency and deliver high integrity pipeline data to our customers.

Geoff McFarlane, President & Chief Executive Officer of Corrpro commented, “We are very excited about the acquisition of the assets and technology license as it will allow Corrpro to grow our technology and product offerings. We have expanded our employee base and welcome the new employees who have recently joined Corrpro. We look forward to better serving our customers and continuing to improve the integrity of key energy infrastructure.”

Since the acquisition of Corrpro Canada, Inc. by PillarFour Capital Partners Inc. in May of 2024, Corrpro has broadened its team including the addition of an industry leading board of Directors, expanded its product offering in certain segments of the market and now added industry leading technology to its product offerings. We look forward to more exciting announcements and the roll out of these product offerings in the coming months and you can view all of our news announcements on our updated website here: https://corrprocanada.com/corrpro-canada-news/.

About Corrpro Canada, Inc.

Corrpro Canada is a provider of multi-discipline cathodic protection engineering and technical services offering an integrated asset protection and preservation capability, focused primarily on corrosion processes and cathodic protection.

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Corrpro Canada, Inc.

Today was a day of double celebrations, marking a significant milestone for Corrpro Canada as well as embracing the spirited tradition of the 2024 Calgary Stampede. The team and guests gathered at Owen’s Landing in Calgary, which was the perfect venue to kick-off both exciting events.

Today, we are honored to share our collaborative effort with the City of Calgary, Associated Engineering, and Volker Stevin Contracting Ltd. in addressing the critical water main issue in Calgary, Alberta.

When the City of Calgary hired Associated Engineering to lead this vital project they, in turn, brought Corrpro Canada on board for our specialized expertise. Our role was crucial, as we provided critical stray current testing to ensure the integrity of the water supply system.

Volker Stevin Contracting Ltd. took charge of site excavation, providing safe and efficient access for our team. Their dedication to safety and meticulous execution were pivotal in enabling us to carry out our work effectively.

Together, we are making a significant impact on Calgary’s infrastructure. Thank you to the City of Calgary for spearheading this initiative, Associated Engineering for their trust in our capabilities, and Volker Stevin for their exceptional work and support. Corrpro Canada is proud to be part of this vital project!

We are thrilled to announce the addition of three exceptional leaders to our Board of Directors, bringing a wealth of experience and expertise to our organization. Please join us in welcoming Trevor MacFarlane, Yves Paletta, and Michael McNulty to the Corrpro Canada board. We are eager to harness their insights to propel Corrpro Canada forward and provide more value for our customers.

Today marks a historic day for Corrpro Canada, Inc., a pioneer in the field of corrosion engineering, mitigation, and prevention material supply. Today the company proudly announces an agreement with PillarFour Capital Partners Inc., enabling Corrpro Canada to operate as a wholly independent, Canadian-owned private company.

For over 50 years, Corrpro Canada has set the standard in the corrosion prevention industry, earning a reputation for excellence in professional engineering consulting, supply, and installation of cathodic protection systems. This new chapter of independence solidifies our commitment to innovation and leadership in the field.

Under this new ownership structure, Corrpro Canada is poised to enhance its focus on people development and technological advancements. The company’s unparalleled approach ensures that it remains at the forefront of the industry, delivering cutting-edge solutions and maintaining its dedication to quality and customer satisfaction.

Geoff McFarlane, CEO of Corrpro Canada, expressed his enthusiasm about the transition: “This is a momentous occasion for our company. Becoming an independent entity under the ownership of PillarFour Capital Partners allowing us to fully realize our potential. We are excited about the opportunities ahead and remain committed to providing top-tier services and solutions to our clients.”

The agreement with PillarFour Capital Partners signifies a renewed focus on the Canadian market, with plans to expand services and invest in new technologies that will drive the industry forward.

This transition marks not only a new beginning but also a reaffirmation of Corrpro Canada’s enduring mission: to protect and preserve critical infrastructure through expert engineering and innovative corrosion prevention strategies.

Join us as we start this exciting new chapter for Corrpro Canada, Inc., and continue to lead the way in corrosion prevention and protection.