Salt Creek Capital is pleased to announce the sale of Electro-Motion, Inc., the leading independent provider of preventative maintenance and service programs for emergency standby power systems in Northern California, to GenServe, a portfolio company of GenNx360 Capital Partners. Electro-Motion was Salt Creek Capital's inaugural acquisition in 2011, and later recapitalized in early 2020 when CEO David McAnelly joined the Company. Under CEO David McAnelly's leadership, Electro-Motion substantially grew its generator maintenance agreements, expanded the range of services offered, and improved technician training, certification and safety standards. Electro-Motion is proud to be a market leader for compliant, dependable emergency power maintenance serving the San Francisco Bay Area. We wish the Electro-Motion Team and GenServe continued success! View the full press release here: https://lnkd.in/gfyxWvad #privateequity #portfoliocompany #BayAreaBusiness #Exit #SaltCreekCapital #Merger #Acquisition
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In this month's industry news update, track the industry's movers and shakers, learn about company acquisitions, get the skinny on new products and more #mswmagazine #municipalsewerandwater #industrynews #promotions #partnerships #expansions https://loom.ly/bGHKoVE
News About GapVax, CUES, Zoeller, Thompson Pump and More | Municipal Sewer and Water
mswmag.com
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Don't miss Levi Hawkins, PE present at Tri-State on Thursday, August 8 at 11:40 am as he tackles the pressing issue of aging infrastructure and tight utility budgets. Discover how cutting-edge inspection technologies are revolutionizing asset management. Levi will reveal strategies for prioritizing at-risk pipelines and making data-driven decisions that optimize CIP spending, directing budgets according to risk. Learn about innovative trenchless rehabilitation techniques like FFRP that offer a cost-effective and minimally disruptive way to renew aging pipelines, extending their useful life and mitigating the risk of failures. It’s time to plug the leaks on budgets and embrace a proactive approach to asset management. The future of infrastructure depends on it. #PressurePipeInspection #ForceMainInspection #TrenchlessRehabilitation #AssetManagement
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Crescent Energy, a US independent energy company, completed the acquisition of SilverBow Resources, an independent oil and gas company, for $2.1bn. “Today is an exciting day for Crescent. We are well positioned to create value, and I am grateful for the trust from our original Crescent and new SilverBow shareholders, each of whom voted with an overwhelming majority to approve our merger and to take equity consideration and participate in the go-forward company. Through disciplined investing and operations, we have delivered profitable growth, tripling the size of our business over the last four years. We have created a premier growth through acquisition platform by executing on our cash flow and returns-oriented strategy. Today, we are focused on rapidly integrating our new assets and personnel and continuing to deliver on the significant synergies we’ve identified to strengthen returns. We are highly confident in our ability to execute and demonstrate Crescent’s value proposition as a leading mid-cap company,” David Rockecharlie, Crescent CEO. SilverBow (led by Sean Woolverton) was advised by Bank of America, Evercore, Gibson Dunn (led by?Stephen Olson) and Joele Frank (led by?Adam Pollack). Crescent (led by David Rockecharlie) was advised by?Intrepid Financial Partners, Jefferies, Wells Fargo, Richards, Layton & Finger, Vinson & Elkins (led by?Jackson O’Maley,?Doug McWilliams,?Robert Hughes?and?Jordan Fossee). Debt financing was provided by?Wells Fargo.?Financial advisors were advised by Baker Botts (led by?Joshua Davidson) and Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (led by?Ann Beth Stebbins). #MergersAcquisitionsDivestitures #Energy #OilandGas
Crescent Energy completed the acquisition of SilverBow Resources for $2.1bn.
app.mergerlinks.com
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Proper maintenance scheduling can significantly extend the lifespan of your clients’ assets. With a comprehensive approach, you can ensure that regular checks, repairs, and updates are performed on time, reducing the likelihood of unexpected breakdowns. Maximize the value of each asset while keeping your clients satisfied with uninterrupted performance. Signup for a trial account at: revnue.com #Revnue #AssetManagement #MaintenanceScheduling #AssetLifespan
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Part three of the second installment in the Combined Cycle Journal’s series on our 2024 Annual Asset Managers Conference showcases our Jupiter Center of Excellence. Take a behind-the-scenes look at our workshop and see how FlameSheet? and other technology platforms are assembled. Read the full story: https://lnkd.in/e7WucW8y #PSM #CCJ #RetrofitRevolution #GasTurbines #AssetManagement #PowerPlants #PSMWorkShop
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Asset Preservation Professionals It is generally understood that implementing a proactive maintenance schedule is beneficial in keeping assets in optimal condition, thereby reducing the consequences of wear and tear on productivity. Unfortunately this isn't always achievable, so it is good to know that foundation settlement can still be addressed and doesn't have to end with total asset replacement. Using proven smart technologies together with highly skilled and experienced technicians, Rectify Group can deliver unequalled value-add life extension to your critical assets. Concerned you may have a building or slab exhibiting signs of unwanted foundation movement, then get in touch with the team at www.rectify.com.au #assetpreservation #resininjection #groundconsolidation #voidfill #soilcompaction
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Asset Preservation Professionals It is generally understood that implementing a proactive maintenance schedule is beneficial in keeping assets in optimal condition, thereby reducing the consequences of wear and tear on productivity. Unfortunately this isn't always achievable, so it is good to know that foundation settlement can still be addressed and doesn't have to end with total asset replacement. Using proven smart technologies together with highly skilled and experienced technicians, Rectify Group can deliver unequalled value-add life extension to your critical assets. Concerned you may have a building or slab exhibiting signs of unwanted foundation movement, then get in touch with the team at www.rectify.com.au #assetpreservation #resininjection #groundconsolidation #voidfill #soilcompaction
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Unlike other facility asset maintenance companies, our emergency services are handled by real people — and people that you already know. When you work with us, your emergency contact — and the solution — is just a quick call away, 24/7/365. https://hubs.ly/Q02KF_-Y0 #FacilityAssetMaintenance #FacilityManagement #EmergencyServices
Emergency Services - National Facilities Maintenance Services Company | CLS Facility Services
https://clsfacilityservices.com
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Pragmatic Criticality... helping to frame your Maintenance Strategy ?? If you're wondering what the hell is this guy on then come along to the CBS Arena in Coventry on 10th September and find out ?? See you there... or be square! Brought to you by UPTIME Consultant Ltd? ?? See comments for link to register #Coventry #MaintenanceStrategy #AssetCare #Criticality #RCM #Reliability #UptimeConsultant #IMSS
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Sales @ AutoNation Toyota Irvine
5 个月Congratulations!