LineStar Integrity Announces Acquisition Of Remote Operations Center
LineStar Integrity Services LLC (“LineStar”), a leading provider of pipeline integrity, maintenance and repair services, today announced that it has completed the acquisition of Remote Operations Center, LLC (“ROC”) and The Compliance Group, Inc. (“CGI”). LineStar is a portfolio company of First Reserve, a leading global private equity investment firm exclusively focused on energy.
The acquisitions of ROC and CGI fit well within LineStar’s strategy of broadening its compliance and technical services offering to create what LineStar believes is a differentiated value proposition for its customers. ROC bolsters LineStar’s NuGen Automation subsidiary, which focuses on outsourced control room, GIS, SCADA, IT and other technical operations.
The combination of ROC and NuGen creates one of the largest third-party control room operations in the industry and the only control room with a 24/7 on-site SCADA and IT support and development team.
The Compliance Group greatly enhances LineStar’s documentation, audit support, and integrity management capabilities, leveraging LineStar’s existing geographical presence and field execution capabilities.
Paul Neundorfer, CEO of LineStar, stated, “We are excited to work with the ROC and CGI teams to deliver a level of expertise and breadth of service to our combined customer base that does not currently exist in our market. These transactions align well with our strategy of adding talented, proven operators to our organization and being responsive to industry demands, particularly those associated with regulatory compliance.”
Source / More : LineStar Integrity Services
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