Transaction details

Energy services and fluid transportation services

KPMG Corporate Finance acted as financial advisor to the shareholders of Jacknife Timber Ltd., commercially known as Jacknife Oilfield Services (“Jacknife” or the “Company”) on its divestiture to Trimac Energy Services Ltd., a subsidiary of Trimac Transportation Services Inc. (collectively “Trimac”). The transaction will support Trimac as it continues to expand its market share in bulk fluid hauling in Western Canada.

Founded in 1997 and headquartered in Bonnyville, Alberta, Jacknife is a leading fluid transportation provider, specializing in heavy crude and oilfield hauling across Alberta and Saskatchewan. The Company is recognized for its superior safety record and has established itself as one of the largest fluid hauling businesses in the Lakeland area, with over 120 transportation assets, making it a key player in the industry.

Headquartered in Calgary, Alberta, Trimac started as a small family trucking business over 75 years ago in Saskatchewan and has now become a leading logistics and transportation service company, providing high quality bulk shipping solutions across North America. Bulk transportation services include chemicals, dry bulk, food products, industrial gas and pressurized commodities, oilfield services, and petroleum and resource commodities.

KPMG deal team

KPMG Corporate Finance
acted as financial advisor to

Jacknife Oilfield Services

on its sale to

Trimac Energy Services

July 2023

Connect with us