Legacy Measurement Solutions Acquires Wedge Energy Services
Legacy Measurement Solutions expands its measurement, production, and process equipment offering to the oil & gas industry with the acquisition of Wedge Energy Services, and enhances its support of midstream and transmission markets.
ADDISON, Texas, May 2, 2016 /PRNewswire/ -- Legacy™ Measurement Solutions, Inc. announced that it has acquired Wedge Energy Services, L.L.C. The transaction bolsters Legacy's capability to supply critical measurement & control systems for oil & gas midstream and transmission applications. Based in Tyler, Texas, Wedge Energy Services brings an established customer base in the process & production, gathering, and pipeline sectors. Wedge Energy Services manufactures a wide range of measurement & control skids, gas chromatograph buildings, JT skids, mechanical refrigeration modules, and NGL stabilizers for C3 recovery.
"The acquisition of Wedge Energy Services allows us to offer a more comprehensive suite of solutions to our customers," said Drew Ladau, President and CEO of Legacy Measurement Solutions. "Our combined resources will benefit both Legacy and Wedge customers with complete end-to-end solutions for production, processing, pipeline, power generation and measurement applications."
"We are excited about the opportunity to join the Legacy Measurement Solutions team, and to bring more value to our customer base," said Tom Cathey, President of Wedge Energy Services. "In addition to world class measurement & control products, oil & gas customers can also benefit from Legacy's complete line of separators, gas productions units, line heaters, and dehydration units used for processing & production applications."
Legacy Measurement Solutions (legacymeasurement.com) offers engineered measurement, production and process equipment to the oil and natural gas industry from wellhead through midstream and transmission. Our products include engineered ultrasonic and orifice measurement stations, custom and standard meter tubes, LACT units, gas production units, pressure control skids, and ASME code vessels.
Legacy Measurement Solutions is a portfolio company of White Deer Energy. White Deer Energy is an energy private equity firm focused on the exploration and production, oilfield service and equipment manufacturing, and midstream sectors of the oil and gas industry. With $2.2 billion of capital commitments across two private equity funds, White Deer Energy is a long-term investor targeting equity investments of $50 to $150 million.
For further information, contact Francisco Tizón, VP of Marketing & Product Management, Legacy Measurement Solutions, at (469) 619-8017 or [email protected]
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SOURCE Legacy Measurement Solutions
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