Fri, 21/03/2014 - 14:22
Private equity firm Excellere Partners has completed investments in Frontline Energy Services and G2 Partners forming an integrity and risk management solutions provider focused on the energy and utility industries.
Frontline, headquartered in Flagstaff, Arizona, offers a host of integrity management services, including programme management, environmental and governmental compliance, field inspection, GPS data collection, cross-bore program implementation, and distribution integrity management program administration.
G2, headquartered in Houston, Texas, specialises in providing integrity and risk management solutions to the energy industry, including pipeline data and records management, pipeline and facilities integrity engineering, GIS and systems engineering, regulatory compliance support, strategic consulting, and environmental and water resources planning.
The combined company employs more than 275 professionals and has three office locations nationwide. As part of the merger, Brian Herzog, the founder of Frontline, Vance Fairchild, the founder of G2, and the entire senior management teams of both companies will remain in place to manage and serve current and new customers and to drive growth in service offerings.
Fairchild says: "The combined capabilities of Frontline and G2 allow us to provide a broader set of solutions to address our clients' most challenging risk reduction, integrity management and regulatory compliance needs. Both Frontline and G2 specialise in solving clients' toughest problems, and this commitment will be further enhanced through the increased breadth and depth of capabilities that the combined company will afford clients."
Herzog says: "We saw an opportunity to enhance our value proposition to customers by combining with an organization such as G2 that maintains a similar focus on providing advanced technical and management solutions, and unparalleled, customer-focused support for clients. We are excited to have a partner in Excellere that has a shared vision for growth, a focus on making foundational investments to solidify our infrastructure, a passion for building best-in class companies, and a commitment to support the combined business in pursuit of its goals."
Together, Excellere, Fairchild, and Herzog will seek to add complementary capabilities, extend the geographic footprint, and expand the customer base of the combined company through a targeted buy-and-build strategy.
David Kessenich, Excellere co-founder and managing partner, says: "We look forward to partnering with Frontline and G2 as we build upon the companies' established leadership position within its respective market. We are focused on enhancing the value proposition that the combined company will provide for customers through a combination of strategic, organic growth initiatives and complementary acquisitions."
Thu 18/08/2016 - 15:25
Fri 12/08/2016 - 07:21
Tue 09/08/2016 - 10:24
Mon 08/08/2016 - 13:19
Fri 19/08/2016 - 09:14
Wed 17/08/2016 - 13:40
Tue 16/08/2016 - 10:11
Mon 15/08/2016 - 10:49
Wed, 24/Aug/2016 - 09:46
Wed, 24/Aug/2016 - 09:44
Wed, 24/Aug/2016 - 09:41
Wed, 24/Aug/2016 - 09:34
Wed, 24/Aug/2016 - 09:27
Wed, 24/Aug/2016 - 09:25