ENGINEERING TECH
SEAM Group | February 14, 2022
SEAM Group, a global leader in energized asset performance working with some of the world's largest brands, announced the strategic acquisition of Electrical Engineering & Service, Co. (EESCO) based out of Holbrook, Mass. EESCO specializes in electrical power systems, commissioning, testing, evaluation, repairs, and maintenance.
EESCO is accredited by the International Electrical Testing Association (NETA), a trade association dedicated to improving electrical testing standards in the United States and sharing those standards internationally.
SEAM Group will enhance its offerings by providing customers access to NETA-accredited technicians, increasing switchgear preventive maintenance capabilities, and expanding service to execute medium- and high-voltage preventive maintenance. The company will also broaden its specialized services for electrical distribution equipment, including switchgear, circuit breakers, protective relays, transformers, ground fault systems, and surge protectors.
"The EESCO leadership and field team bring more than 30 years of experience and have an excellent reputation,They have built a successful business through their hands-on customer service approach and technical expertise. We are proud to expand into offering NETA-certified services as we work together to create a safer, more reliable world."
-SEAM Group Chief Executive Officer Colin Duncan.
We have always strived to deliver customer-first service in everything we do and are excited to find a partner in SEAM Group that operates the same way," EESCO co-founders Steve Isaac and Joe Cipolla said in a joint statement. "Our companies are well-aligned in culture and priorities, so it is a great honor to integrate into the SEAM Group family and offer our customers their full breadth of services.
About SEAM Group
SEAM Group is a global leader in energized asset performance focused on delivering safety, reliability, and maintenance solutions to some of the world's largest companies. Inspecting more than two million assets per year, SEAM Group offers a proven platform that combines strategic advisory, custom training, advanced technology, and actionable data management to position customers for success. Visit www.seamgroup.com/blog/ for company developments.
About EESCO
Electrical Engineering & Service Company, Inc. specializes in electrical power systems, commissioning, testing and evaluation, repairs, maintenance, modification, and other services related to electrical infrastructure. The company is certified by the NETA and maintains strict safety standards for employees and technicians regarding proper electrical safety procedures and service techniques.
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ENGINEERING TECH
AMECO, One Equity Partners | June 11, 2021
AMECO, one ofNorth America'sleading construction and maintenance field services planning and management companies, was recently spun off by its parent company, Fluor Corporation. The company, which is headquartered inGreenville, S.C, with field operations throughoutthe United StatesandCanada, was purchased by middle market private equity firm One Equity Partners (OEP) for$73 million.
For more than 70 years, AMECO has managed and provided indirect products and services, including equipment, scaffolding, tools, consumable supplies and fleet management for capital construction, facility operations and maintenance projects on a global scale. Taking an integrated and collaborative approach to project management, AMECO is the premier company providing complete, packaged solutions to the industry. As an independent organization, AMECO will bring its world-class expertise to bear for a larger range of customers throughoutthe United StatesandCanadato enhance efficiency, increase craft productivity, streamline billing and supply chain management and reduce costs for large projects and ongoing maintenance needs.
AMECO has assembled a strong senior management team comprised of long-tenured construction and maintenance executives, including many former and present AMECO team members, to lead the organization.Gary Bernardez, who led AMECO from 2001-2012, will serve as chief executive officer.
About AMECO
As a field services company, AMECO delivers unique solutions for efficient planning and management of indirect construction products and services throughout the project life cycle to the construction and maintenance markets in the U.S. andCanada. Headquartered inGreenville, S.C., AMECO serves owners and contractors on capital construction projects and in ongoing facility operations with an emphasis on energy, chemicals, mining, biotech, manufacturing and infrastructure end markets.
About One EquityPartners
One Equity Partners (OEP) is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors inNorth AmericaandEurope. The firm builds market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015.
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PBC Today | September 04, 2020
Construction has formally commenced on the HS2 project, as it looks set to create around 22,000 new jobs.The symbolic announcement signals that the four Main Works Civils Contractors (MWCC) are moving from enabling works, scheme design and preparatory work, to full construction of the HS2 project.Prime Minister Boris Johnson, said: “HS2 is at the heart of our plans to build back better – and with construction now formally underway, it’s set to create around 22,000 new jobs.“As the spine of our country’s transport network, the project will be vital in boosting connectivity between our towns and cities.“But HS2’s transformational potential goes even further. By creating hundreds of apprenticeships and thousands of skilled jobs, HS2 will fire up economic growth and help to rebalance opportunity across this country for years to come.”HS2’s main works contractor for the West Midlands, the Balfour Beatty VINCI Joint Venture (BBV JV), along with its supply chain partners, has said it expects to be one of the biggest recruiters in the West Midlands over the next two years, with up to 7,000 skilled jobs required to complete its section of the HS2 route.
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