PR Newswire | July 14, 2023
Saber Power Services, LLC, today announced the acquisition of Bath Group Inc., a prominent engineering and consulting firm headquartered in Corpus Christi, Texas.
Founded in 1957, the Bath Group has established itself as a trusted partner for clients requiring electrical, mechanical, instrumentation/control, and commissioning engineering services. By joining forces with Bath, Saber immediately expands its Texas Coastal Bend presence while adding engineering coverage to markets not presently served such as El Paso, Tulsa, and Albuquerque.
"We are thrilled to welcome the Bath Group to the Saber Power family," says Saber's CEO Brian Bratton. "As an engineering-led firm, Saber can now offer a more robust suite of solutions that will benefit our clients and lead to significant pull-through work for our Maintenance Services and Field Services divisions."
This strategic acquisition marks a significant milestone in Saber Power Services' growth and diversification strategies and solidifies its position as a market leader while doubling its engineering capacity. The acquisition simultaneously provides an end-to-end solution for Bath clients previously tasked with seeking multiple organizations to complete their design, installation, testing, and maintenance projects.
About Saber Power Services LLC
Saber Power Services LLC is a fully integrated electrical power system services firm offering end-to-end solutions for substations and medium-and high-voltage infrastructure across utility, renewables/battery storage, industrial, and other markets. Saber offers deep subject matter expertise utilizing an engineering-led and customer-centric approach to designing, installing, testing, and maintaining electrical infrastructure. The Houston-based company services customers in the Gulf Coast region, North America, and abroad from its Texas offices in Houston, San Antonio, Orange, Corpus Christi, Midland, Austin, and Dallas-Fort Worth, and Baton Rouge, LA.
PR Newswire | July 13, 2023
UES, a national leading engineering and consulting company, has acquired GEO Solutions, a full-service geotechnical engineering, environmental consulting, and materials testing company headquartered in Huntsville, Alabama.
Founded in 2003 by Brian Cook and William Kennard, P.E., the GEO Solutions team has successfully completed thousands of projects throughout the southeast in both the private and public sectors. GEO Solution's laboratory is certified by the U.S. Army Corps of Engineers, ALDOT and AASHTO. Noteworthy GEO Solutions projects include the Bridge Street Town Center, Town Madison, Clift Farm, Village of Providence, United Launch Alliance, The Alabama School for Cyber Technology and Engineering, and the SR255/Blake Bottom Road Interchange.
GEO Solutions joins Contour Engineering, GEOServices, Dan Brown and Associates, and Carmichael Engineering in the Southeast Region of UES, led by David Hesterlee, P.E., President of the Southeast Region. GEO Solutions' leadership team will continue to operate the day-to-day business. "GEO Solutions further expands the capabilities of our region, and we are excited with the experience and people that GEO Solutions brings to our Southeast team," said David Hesterlee, P.E.
"We're proud to announce the expansion of our presence and technical expertise in the Southeast," said UES CEO Dave Witsken. "GEO Solutions and UES both have built unique cultures that our team members are proud to be a part of, where we can work on exciting projects and ultimately improve the infrastructure and the communities where we live and work. GEO Solutions has a reputation for excellence, dedication, and expertise that aligns well with our culture and vision."
"We are very excited by this partnership," said William Kennard, P.E., Partner and Chief Engineer of GEO Solutions. "GEO Solutions can continue to stand out from other consulting firms in the area with access to more personnel, more equipment, and more capabilities. Working in UES and UES' Southeast Region allows GEO Solutions to continue performing at the highest levels, meeting our clients' needs and objectives."
With nearly six decades of experience and recognition as the premier engineering and consulting firm in the geotechnical engineering space, UES is well-positioned to serve the needs of commercial, residential, and civic customers across the country.
Beginning in 2019, UES' acquisitions have included prominent engineering firms including: Universal Engineering Sciences, GFA International, Inc., NOVA Geotechnical & Inspection Services, Contour Engineering, Wallace-Kuhl & Associates, Construction Testing & Engineering, SUMMIT Engineering, Laboratory & Testing, GEOServices, McGinley & Associates, Geotechnology, Alpha Testing, GSI Engineering, Speedie & Associates, Rock Engineering Testing & Laboratory, Dan Brown and Associates, Carmichael Engineering, Faulkner Engineering Services, Grubbs, Hoskyn, Barton & Wyatt, Riner Engineering, and now GEO Solutions which have made UES one of the largest, most resource-rich organizations of its kind nationwide.
UES is a privately held, rapidly growing engineering and consulting firm with nearly six decades of experience in geotechnical engineering, construction materials testing, building code compliance, threshold inspections and environmental consulting. With nearly 3,500 professionals across more than 85 branches in high growth markets in the U.S., UES consults on projects of all sizes for public and private clients across many industries including transportation, healthcare, commercial, education, industrial, and residential. UES was named 'Hot Firm of the Year' by Zweig Group for 2021 and 2022.
About GEO Solutions
GEO Solutions is a full-service geotechnical engineering, environmental consulting and materials testing company headquartered in Huntsville, Alabama. Founded in 2003 by Brian Cook and William Kennard, P.E., the GEO Solutions team has been involved in thousands of projects throughout the southeast. Project work has included airports, bridges, commercial and municipal developments, multi-story structures, highways and roadways, hospital and medical facilities, light and heavy industrial projects, residential developments, water storage tanks, lakes and reservoirs, water and wastewater plants and other public and private works. GEO Solution's laboratory is certified by the U.S. Army Corps of Engineers, ALDOT and AASHTO.
Businesswire | August 08, 2023
BWX Technologies, Inc. today announced a contract with TerraPower to design the Intermediate Heat Exchanger for the Natrium Demonstration Project.
The Natrium technology is a 345-megawatt sodium fast reactor coupled with a molten salt-based integrated energy storage system. The Intermediate Heat Exchanger is a critical component of the Natrium advanced reactor. It transfers heat from the primary sodium in the primary heat transport system to the intermediate heat transport system. This work will start from conceptual design, preliminary design and final detailed design activities of the Intermediate Heat Exchanger, and be performed by BWXT Canada Ltd. in Cambridge, Ontario.
“BWXT has the required experience and expertise in commercial nuclear innovation to serve the fast-growing global advanced reactor market,” said John MacQuarrie, president of BWXT Commercial Operations. “We are pleased to work with TerraPower to execute this contract and look forward to meeting our commitments while expanding our role in accelerating the supply of clean energy in North America.”
In November 2021, TerraPower announced Kemmerer, Wyoming as the preferred site for the Natrium Demonstration Project, one of two competitively-selected advanced reactor demonstration projects (ARDP) supported by the U.S. Department of Energy (DOE). Successful design of the Intermediate Heat Exchanger by BWXT Canada Ltd. is key to the planned achievements of the Natrium Demonstration Project’s power generation.
BWXT is a global leader in the design, manufacture and service of commercial nuclear components. As a result of its investments in people and facilities, BWXT has become an essential partner in the delivery of nuclear projects, supporting customers’ commitment to generating clean, reliable, low-cost electricity for communities and businesses.
At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine and space exploration. With approximately 7,000 employees, BWXT has 14 major operating sites in the U.S., Canada and the U.K. In addition, BWXT joint ventures provide management and operations at a dozen U.S. Department of Energy and NASA facilities. BWXT’s Commercial Operations has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services.
Businesswire | July 25, 2023
H.I.G. Capital, a leading global alternative investment firm with $57 billion of capital under management, is pleased to announce that its portfolio company, Construction Forms, Inc. (“CFI”), has acquired Tricon Wear Solutions (“Tricon”). CFI is a leading provider of engineered, abrasion resistant piping systems and replaceable components for use in concrete pumping, mining, power generation, and other industrial end markets.
Headquartered in Birmingham, Alabama, with additional locations in Nevada and Illinois, Tricon is a leading manufacturer of abrasion, wear-resistant products, specializing in highly engineered steel plates and other fabricated products. Tricon serves customers across various end markets including pulp & paper, mining, and aggregates, and has industry- leading metallurgy, fabrication, and engineering capabilities.
“Together, Tricon and CFI will be a stronger, more diversified partner to new and existing customers globally with an expanded offering and strengthened value proposition,” says Stefan Brosick, CEO of CFI. “We are excited to welcome the exceptional Tricon team. CFI’s expanded portfolio will increase the breadth of our superior aftermarket solutions, all focused on delivering the lowest total cost of ownership for our customers.”
Todd Plate, President and CEO of Tricon, commented, “Both companies have a shared vision of a relentless focus on customer needs and safety. Together, we have decades of expertise in engineering solutions for challenging abrasion and wear resistance applications. Our partnership with CFI creates an expanded platform to serve customers in the most severe wear situations worldwide.”
John Von Bargen, Managing Director at H.I.G., added, “CFI’s partnership with Tricon is a transformative merger that creates a diversified leader in the industrial wear parts market. This is the first of what we hope will be several acquisitions further building upon CFI’s platform of leading wear parts companies.”
Combined, the CFI group of companies will have more than 350 employees with five U.S.-based manufacturing facilities and one in Europe. CFI serves customers globally in a wide range of industries including concrete pumping, mining, dredging, power generation, and pulp & paper.
Headquartered in Birmingham, Alabama, with additional facilities in Nevada and Illinois, Tricon is a leading manufacturer of abrasion, wear-resistant products, specializing in highly engineered steel plates and other fabricated products. Tricon serves customers across various end markets including pulp & paper, mining, and aggregates with its leading metallurgy, fabrication, and engineering capabilities. For more information, please visit https://www.triconwearsolutions.com/.
Construction Forms, Inc. (“CFI”) provides engineered, abrasion resistant piping systems and replaceable components for use in concrete pumping, mining, power generation, and other diversified industrial applications. The Company’s brands – Con Forms, Esser, and Ultra Tech – are recognized globally for best-in-class quality and total cost of ownership. Founded in 1969, CFI has established a 50-year track record serving leading concrete-pumping service providers, OEMs, engineering firms, and distributors. The Company is headquartered in Port Washington, Wisconsin, with additional locations in Texas and Germany. For more information, please visit www.cficompany.com.
About H.I.G. Capital
H.I.G. Capital is a leading global alternative investment firm with $57 billion of capital under management.* Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach:
H.I.G.’s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
H.I.G.’s debt funds invest in senior, unitranche and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance.
H.I.G.’s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.