What Surepoint Group does

Surepoint Group, operating as Surepoint Technologies Group Ltd., is a private, employee-owned industrial services company headquartered in Nisku, Alberta (with a Calgary mailing address), founded in 2003. The company delivers a turnkey suite of services to oil and gas, mining, agriculture, and data center operators across Western Canada, Alaska, Texas, and Thailand, including gas compression rentals, parts distribution, field service and overhauls, electrical and instrumentation (E&I) work, emissions retrofits, and modular building and equipment packaging fabrication. Its core asset base comprises one of the largest compression fleets in Canada (106+ units from Waukesha, Cooper, Superior, Ariel, Caterpillar, AJAX, and Cooper Bessemer), 11,281+ parts SKUs, ISO 9001:2015- and QAI-certified fabrication shops, and a 12+ branch network enabling 24/7 parts and service availability.

The business model combines recurring and transactional revenue streams: multi-year contract compression with run-time guarantees and all-inclusive maintenance (recurring/subscription); bare rental of compression equipment (usage-based); parts distribution across major OEM brands (transactional); certified engine and compressor exchange programs that reduce customer downtime to two days (transactional with service value); and one-time project revenue from E&I, modular fabrication, and material procurement. The proprietary Certified Exchange Program and gas compressor-to-power generation conversion services (offering 40-60% cost savings vs. new generators) are highlighted as core differentiators, alongside OEM partnerships with Innio/Waukesha, Cooper Machinery, Caterpillar, and Ariel for emissions modernization.

The go-to-market is enterprise field sales supported by 12+ branch locations, with a corporate sales function ([email protected]), regional fleet and parts specialists, and digital channels (LinkedIn, Facebook, Instagram, SEO). The company maintains an ESOP (Employee Stock Ownership Plan) structure open to all employees, received a significant strategic investment from Fort McKay First Nation in October 2021, and has executed a documented M&A track record (Ironline's Services Business in June 2021 and Ironline Compression Canadian Holdings in November 2021). Leadership comprises CEO Jason Nolan, CFO Cameron Cragg (CA, CPA), COO Ward Mungall, VP of Business Development Martin Socha, HR Director Kristy Whetham, and HSE Director Shaun Johnstone.

Name

Surepoint Group

Legal name

Surepoint Technologies Group Ltd.

Website

https://surepoint.ca

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

Surepoint Group is an employee-owned Canadian industrial services contractor providing gas compression rentals, parts, E&I, emissions retrofits, and modular fabrication to oil and gas, mining, agriculture, and data center operators across Western Canada, the US, and Thailand.

Ownership category

akta.pro rank

Product category

Industrial Energy Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Oil & Gas Midstream & Pipeline O&M (Pipelines, Compressor Stations) (EUAEAGAF)

akta.pro secondary industries

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL), Controls, Monitoring & Condition Management (for Pumps/Compressors) (IMAHANAI), Inspection, Integrity & Testing Services (NDT, Well Integrity, Corrosion, QA/QC) (EUALABAO), Gas Pipeline & Midstream Asset Management (EUAEAMAF)

Keywords

• Industrial electrical services
• Gas compression rentals
• Instrumentation services
• Modular building fabrication
• Compression parts distribution

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Compression Equipment Rentals: Rental of compression equipment from small to large horsepower reciprocating and rotary screw packages for short-term and long-term needs. Options include contract compression (all-inclusive with maintenance) and bare rentals.
2. Gas Compression Parts Distribution: Distribution of compressor parts for all major brands including AJAX, Ariel, Caterpillar, Cooper Bessemer, Gemini, Superior, Waukesha. One of top distributors in Canada with 24/7 parts availability.
3. Service & Maintenance: Field services, major/minor overhauls, preventative maintenance, 24/7 availability, emissions equipment testing. Includes dedicated field service technicians and fully equipped field service trucks.
4. Equipment Fabrication & Modular Solutions: Panel fabrication (QAI certified for hazardous areas), modular buildings, equipment packaging, material procurement. ISO 9001:2015 certified manufacturing.
5. Engine & Compressor Exchanges: Certified exchange program for engines and compressors. Exchange engines reduce downtime to two days with engines built to OEM specifications and current emission standards.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

Surepoint Group is an employee-owned industrial services contractor providing gas compression rentals, gas compression parts distribution, electrical and instrumentation services, modular buildings and equipment packaging, and panel fabrication for oil and gas, mining, agriculture, and data center operators. The company operates one of the largest compression fleets in Canada (106+ units) and offers multi-brand engine and compressor overhaul, exchange, and emissions modernization services with 24/7 field support.

Product overview

Surepoint Group is an employee-owned energy services company established in 2003 offering a comprehensive portfolio of products and services for the oil and gas, mining, agriculture, and data center industries. The core offering centers on gas compression solutions including Compression and Controls Services, Gas Compression Parts Distribution, and Gas Compression Rentals with an extensive fleet of 106 compression units. Supporting products include the Certified Exchange Program for rapid engine replacement, Emission Solutions for NOx/CO2e reduction, and Retrofit & Optimization services. The company also provides Electrical and Instrumentation Services, Panel Fabrication Products (QAI certified), Modular Buildings & Equipment Packaging (ISO 9001:2015 certified), and Material Procurement. Recent offerings include EV charging solutions and gas compressor conversion services turning surplus equipment into power generation units.

Differentiator

Problem solved

Functional benefit

Brands

• Surepoint VI: Separate business unit operating under surepointvi.ca domain.

Products and services

• Compression and Controls Services Heavy-duty, analytical, and controls services for all types of rotating equipment, including major equipment overhauls and exchanges, engine and compressor preventative maintenance, and generator package construction, for industrial operators.
• Gas Compression Parts Distribution Distribution of compressor parts for all major brands of reciprocating natural gas engine and compressor lines including AJAX, Ariel, Caterpillar, Cooper Bessemer, Gemini, Superior, and Waukesha, available 24/7 for industrial operators.
• Gas Compression Rentals Flexible and customizable compression solutions including small to large horsepower reciprocating and rotary screw packages for short-term and long-term needs, with options for Contract Compression (all-inclusive with maintenance and run-time guarantee) and Bare Rentals.
• Electrical and Instrumentation Services Electrical and instrumentation services including new construction, maintenance, turnarounds, commissioning, skid/module construction, inspection services, troubleshooting, and project management for industrial operations.
• Panel Fabrication Products Design and fabrication of control panels, SCADA, RTUs, telemetry systems, and breaker panels, with QAI certification for general purpose and hazardous area Class 1 Division 2 applications.
• Modular Buildings and Equipment Packaging ISO 9001:2015 certified fabrication of enclosures for electrical and mechanical integration including E-Houses and Pump Systems with custom design, engineering, manufacturing, integration, site transportation, start-up, and installation.
• Material Procurement Complete industrial supply solution sourcing all brands of industrial instrumentation, electrical and mechanical parts and components for industrial customers.

Quantifiable outcome

• 40-60% cost savings on gas compressor to power generation conversions compared to purchasing new generators
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• SouthGrowminorStrategic or Co-development Partner · 1 July 2023Partnership with SouthGrow regional economic development alliance and Funders to install EV chargers, supporting sustainability initiatives in the Grande Prairie region.
• Women Building FuturescoreStrategic or Co-development PartnerPartnership to empower women to succeed in non-traditional careers such as construction and trades. Surepoint actively participates in WBF's interview processes and speaks at learning sessions hosted by the organization.
• Registered Apprenticeship Program (RAP)coreStrategic or Co-development PartnerSurepoint is a sponsor of the RAP program under the Alberta Apprenticeship and Industry Training Act. The program helps young people gain skills needed to become successful in trades, with RAP students working throughout various Surepoint locations.
• Innio/WaukeshacoreTechnology or IntegrationPartnership with Innio/Waukesha for emission solutions and natural gas engine modernization. Partnered with major OEMs including Waukesha for NOx and CO2e reduction solutions.
• Cooper MachinerycoreTechnology or IntegrationPartnership with Cooper Machinery for emission solutions and natural gas engine solutions. Cooper Machinery is a major OEM partner for engine retrofits and modernization.
• CaterpillarcoreTechnology or IntegrationPartnership with Caterpillar for emission solutions and compression equipment. Caterpillar is a major OEM partner for natural gas engine solutions and compression packages.
• ArielcoreTechnology or IntegrationMajor manufacturer partner for reciprocating compressors. Surepoint works with Ariel to ensure compatibility and top quality compression solutions.

Scale indicators6 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Quanta Services: Quanta Services is a publicly traded infrastructure services provider delivering electrical, instrumentation, and pipeline construction services. Comparable to Surepoint on the E&I services and modular/equipment packaging side serving energy infrastructure customers.
• ChampionX: ChampionX is a broad oilfield services and equipment manufacturer serving upstream operators across production chemistry, artificial lift, and gas compression. Comparable to Surepoint where its compression segment overlaps with rental and aftermarket service offerings.
• Atlas Copco: Atlas Copco is a global industrial manufacturer with a leading gas compression OEM business and associated service network. Overlaps with Surepoint on compressors, parts, and service, but at vastly greater scale and through a broader industrial portfolio.
• Primoris Services Corporation: Primoris Services is a publicly traded specialty contractor providing pipeline, industrial, and electrical services across North America. Comparable to Surepoint on turnkey E&I, modular construction, and oil & gas field services for utility and pipeline operators.

Direct peers

• North Star Compression: North Star Compression is a Western Canadian gas compression rental and services company directly competing with Surepoint on rental fleet size, parts supply, and field maintenance for upstream and midstream operators in Alberta and BC.
• Kodiak Gas Services: Kodiak Gas Services operates one of the largest large-horsepower compression rental fleets in the US, serving oil & gas producers. Highly comparable to Surepoint on rental fleet model, contract compression with run-time guarantees, and aftermarket services.
• Enerflex: Enerflex is a Canadian-headquartered energy services company providing gas compression, processing, and power generation solutions primarily to oil & gas operators. It competes head-to-head with Surepoint across rental compression, parts distribution, and field service in Western Canada.
• Exterran Corporation: Exterran provides natural gas compression services, equipment fabrication, and aftermarket support globally. Overlaps with Surepoint's compression rentals, parts distribution, and modular fabrication product lines.
• USA Compression Partners: USA Compression Partners (NYSE: USAC) provides natural gas compression services to producers, gathers, and processors across the US. Directly comparable on rental fleet operations, contract compression offering, and aftermarket services revenue mix.

Regional players

• Total Energy Services: Total Energy Services is a Western Canadian diversified energy services company offering contract drilling, production, and oilfield equipment rentals. Comparable to Surepoint in its Western Canadian regional focus on energy services and rental fleet model, though it operates in adjacent rather than identical sub-segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/SurepointEnergyServices
• LinkedInlinkedin.com/company/surepoint-technologies-group
• Instagraminstagram.com/surepoint_energy_services

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Surepoint Group