Sentry Energy Solutions Acquires Himarc Environmental Solutions
Jan 25, 2019, 06:00 ET
HOUSTON, Jan. 25, 2019 /PRNewswire/ -- Sentry Energy Solutions ("Sentry"or the "Company"), a premier provider of safety and environmental services, announced today that it has acquired Himarc Environmental Solutions ("Himarc"). Himarc provides natural gas engine emissions testing & onsite gas leak detection services with state of the art, FLIR Infrared Optical Imagery cameras. The company also offers water testing, environmental site assessments, and environmental consulting to the U.S. oil & gas industry.
Tom Lucario, CEO of Sentry, commented, "We're delighted to add Himarc's service offering and capabilities to our existing portfolio of services. The Himarc team has an exceptional track record and has become a trusted partner to their customers. Further, Sentry and Himarc are highly complementary offerings that allow our respective customers to take advantage of our combined resources, footprint and growing list of safety and environmental service offerings."
Scott Hibbeler and Keith Marcotte, Co-Founders of Himarc, will join the Sentry team and will work in close coordination with Sentry's management to ensure the continued success of Himarc's operations. Hibbeler commented, "We are excited to partner with Sentry as we embark on the next chapter of growth for Himarc. Sentry is an ideal platform to help us expand our business and better serve our customers."
Tom Lucario further added, "With the support of our private equity sponsor, Intervale Capital, we are actively reviewing opportunities to scale our Sentry platform via both M&A and organic initiatives. We are committed to building a leading safety and environmental services company across North America."
Transaction terms were not disclosed. CKR Law LLP provided legal counsel to Himarc. Locke Lord LLP provided legal counsel to Sentry.
About Sentry Environmental Solutions:
Headquartered in The Woodlands, Texas, the Company is a premier service provider of safety and environmental solutions to the oilfield and industrial plant sectors. Sentry provides services for H2S safety, training, confined space supervision and rescue, fire suppression, leak detection, containment systems and more.
About Intervale Capital:
Founded in 2006, Intervale Capital is a specialized energy-focused investment firm. Intervale invests primarily in middle-market energy services and manufacturing companies. The firm has raised $1.3 billion of committed capital since its inception.
For Sentry Energy Solutions:
For Intervale Capital:
SOURCE Intervale Capital
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