HOUSTON, TX – September 3, 2020 – LineStar Integrity Services LLC (“LineStar”), a leading provider of integrated pipeline operations services, today announced that it has completed the acquisition of Energy Project Solutions, LLC (“EPS”), a top compliance service provider based in California. LineStar is a portfolio company of First Reserve, a leading global private equity investment firm exclusively focused on energy.
The acquisition of EPS is aligned with LineStar’s strategy of growing its compliance services offering to support midstream, utility, and industrial pipeline operators. EPS is LineStar’s third compliance services acquisition in the past year and gives LineStar increased geographical presence, incremental compliance expertise, and the opportunity to enhance customer value through LineStar’s broader operations and maintenance services.
Paul Neundorfer, CEO of LineStar, stated, “We are excited to welcome Mike Finch and his team and look forward to delivering our integrated service offering to pipeline owners in California and beyond.”
Louis Krannich, LineStar’s EVP of Compliance, Technology, and Operations, added, “We are thrilled to join forces with the EPS team. EPS has built a reputation for deep compliance expertise, a culture of dedicated customer service, and a growth strategy that aligns with LineStar’s core value drivers.”
Michael Finch, President of EPS, added, “This combination with LineStar marks the next phase for EPS. We look forward to continuing to serve our customers’ needs while having the ability to offer expanded services from the extended LineStar team.”
Financial details of the transaction were not disclosed.
About LineStar
LineStar provides integrated third-party pipeline operations by combining compliance, control room, SCADA/IT, and field services. LineStar’s team provides customers access to trusted compliance expertise, premier 24×7 SCADA/IT services, the largest third-party control center in the nation, and a responsive field team that can seamlessly deploy O&M, integrity maintenance, corrosion, and damage prevention services. LineStar’s services are offered nationwide, offering local presence in areas of concentrated pipeline infrastructure while leveraging a centralized control center and SCADA/IT team in Houston, where LineStar’s headquarters is located. LineStar has an existing customer base of over 175 clients that range from small operators to blue-chip energy companies. These customers rely on LineStar’s team to coordinate and deliver critical operations services safely, reliably, and efficiently.
For more information about LineStar, please visit www.linestar.com.
About Energy Project Solutions
EPS provides comprehensive compliance management services, including program development, jurisdictional analysis, audit support, operator qualification training, permitting, O&M field tasks, and ILI management. EPS management has over 75 years of pipeline regulatory experience and has managed thousands of miles of both onshore and offshore jurisdictional pipelines.
For more information about EPS, please visit www.energyprojectllc.com
Media Contact
Company Name: LineStar Integrity Services
Contact Person: Dana Summers
Email: Send Email
Phone: 334.663.4424
City: Houston
State: TX
Country: United States
Website: linestar.com