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ClearStream Announces Acquisition of Sharp Instruments Ltd.

Published November 3, 2021.
Est. Reading: 2 minutes

ClearStream Energy Services is pleased to announce the completion of its acquisition of Sharp Instruments Ltd. in a Share Purchase Agreement (SPA) that was signed on July 30, 2021, and the transaction closed on August 16, 2021. The Sharp Instruments Ltd. entity has been dissolved, and the business is now executing work under our Flint division's legal contracting entity "ClearStream Energy Services Limited Partnership" where it is located in the Flint Fort St. John operating centre at 11784 MacLean Rd.

Established in 2005, Sharp Instruments Ltd. has provided complete electrical contracting services in the Fort St. John region to the oil and gas, commercial, and industrial sectors. For repairing, maintaining, and installing all types of industrial equipment, clients rely on the team's experience with well sites, solar solutions, pumps CSA panel and RTU construction, pump jacks, compressor stations, pipelines, gas plants, oil batteries, termination of structured cable fiberoptics and profinet communication cables, as well as installation, repair and calibration of a wide range of instrumentation are included in the core competencies of this team. 

As a leading provider of maintenance, turnaround, fabrication and construction services across Canada, the Flint division of ClearStream is pleased to expand the scope of its local services in the Northeast British Columbia area. This adds to our long legacy of electrical and instrumentation service offering across other regions where we operate. We are enthusiastic about the opportunities this presents to our clients for integration of multiple self-performed services local to our clients' Northeastern British Columbia facilities and projects. 

We look forward to providing further integrated service solutions, focusing on safe and quality execution with synergies and efficiencies realized from local self-performance of all major disciplines.