Leading provider of automation and control systems and services to the global energy market offering a range of experience in domestic and international projects. Systems are manufactured in the U.S. with two permanent manufacturing facilities. Services are provided from four strategically located major service centers.
Key Aspects
• Global Presence in the Midstream and Upstream markets
• Repeat business is common through continued operations, management and upgrades of existing systems
• Well-positioned with established key Master Service Agreements (MSA’s) throughout some of the world’s major energy producing areas
• Large, experienced team is organized to handle multiple projects ranging from $10 thousand to $10 million
Opportunities
• Grow renewable energy services provided for the increasing number of carbon capture & storage, hydrogen generation, and wind energy projects throughout the U.S.
• Expand the operations of the commissioning group to offer complementary services to customers
• Introduce engineering as a service by contracting out engineers for specific control systems support
• Increase use of manpower service licenses in Africa to secure supply contracts in the region
• Expand developing geographic markets in Guyana and Namibia
Headquartered
• Texas
Current Markets
• The group serves upstream and midstream oil & gas instrumentation and electrical markets worldwide. The largest geographic customer bases for the Group currently are in the
U.S. Gulf of Mexico, Shale, and West Africa.
Real Estate
• The headquarters is a leased 29,000 sq. ft. office and warehouse facility. The group also operates from four other locations, two in the U.S. and two in Angola. Two of the U.S. facilities are leased from unrelated-third-parties, one U.S. facility and the two Angolan facilities are leased from related third-parties.
Shareholder Objectives
• Two active owners are seeking an eventual full exit after an agreed upon transition period. Two other active owners are looking to remain post-sale to ensure the future success of the group. Four inactive owners anticipate a full exit at the time of sale. There is a succession plan in place to fill the roles of all departing owners.
