FalconPoint-backed JENNMAR Acquires G&R Gas Services
[Click image to enlarge]
JENNMAR has acquired the assets of G&R Gas Services. Based in Cedar Bluff, Virginia, G&R provides well tending, roustabout, and right-of-way maintenance services to the oil and gas industry across Virginia.
As part of the acquisition, JENNMAR acquired G&R’s operating assets, which include more than 100 service vehicles, as well as its existing customer agreements. In addition, the transaction adds approximately 100 employees to JENNMAR’s Services division.
“This acquisition is an important step in JENNMAR’s expansion of service offerings to the oil & gas industry. We welcome G&R to our portfolio of companies and look forward to serving a growing customer base in Virginia and across the country,” said Tony Calandra, CEO of JENNMAR.
“We are thrilled to announce the addition of G&R Gas Services. This acquisition expands our footprint in the Central Appalachian region as we continue to provide best-in-class service to our customers,” said Ryan Litwinovich, vice president of JENNMAR Services.
“We thank Greg Bostic and the entire G&R Gas Services team for their partnership in a smooth transition for our employees and clients,” added Litwinovich.
“We are thrilled to join JENNMAR’s global family of companies. We take pride in all we do and are confident we have found the best possible partner to lead our next chapter of growth with the same trust and care upon which we were built,” said Greg Bostic, president of G&R Gas Services.
JENNMAR, is a leading global provider of infrastructure products and specialized services to the civil infrastructure, solar, mining, and construction industries. For more than 100 years, JENNMAR’s focus has been on manufacturing products and providing solutions that help keep workers safe and productive. JENNMAR Services, an affiliate of JENNMAR, is a leading staffing agency providing skilled personnel for industries including coal mining, oil & gas, construction, and industrial plants.
Be in-the-know when you’re on-the-go!
FREE eNews delivery service to your email twice-weekly. With a focus on lead-driven news, our news service will help you develop new business contacts on an on-going basis.
CLICK HERE to register your email address.
Copyright © 2024 Mining Connection LLC. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
For licensing permission, .(JavaScript must be enabled to view this email address)
