BATON ROUGE, La., June 15, 2015 /PRNewswire/ -- Effective June 12, 2015, Willbros Group, Inc. finalized the sale of its downstream engineering organization to a group led by Bernhard Capital Partners ("BCP"). As of the Close, the Company will remain based in Baton Rouge and will operate as Wink Engineering, LLC ("Wink").
The Management Team will remain unchanged with Andy Farris serving as CEO of Wink. Kevin Steed will continue as President of Wink Engineering, Mike Willem as General Manager of the New Orleans, LA Office, Tony Huval as General Manager of the Baton Rouge, LA Office, Chris Engels as General Manager of the Tulsa, OK Office and Raleigh Richards will continue as CFO.
Andy Farris said, "Since being acquired by Willbros in 2009, all of the original elements of the Wink organization have remained intact. We are delighted to be returning to our roots as a privately-held company and are excited about the opportunities in front of us. The opportunity to partner with the team at BCP provides Wink with a tremendous amount of support and complementary experience in our industry."
Wink's partnership with BCP will allow the Company to continue to grow as a regional and national leader in engineering design and project execution. Driven by entrepreneurial energy, rooted in sound business and financial practice, and powered by a talented, committed and creative professional team, Wink has returned.
About Wink Engineering, LLC
Founded in 1970, and headquartered in Baton Rouge, LA, Wink is a multi-disciplined engineering and design firm with licensed professionals in all disciplines of engineering including process/chemical, mechanical, civil/structural, and electrical/instrumentation, as well as professional land surveying. For 45 years, the Company has served the engineering needs of the downstream petroleum refining and chemical/petrochemical industries as well as the storage terminal industries.
About Bernhard Capital Partners
Bernhard Capital Partners is an energy services-focused private equity firm established in 2013 by Jim Bernhard, Jeff Jenkins and a team of experienced private equity professionals. BCP seeks to create sustainable value by leveraging its founding partners' 25-years of experience acquiring, operating and growing energy services businesses. From strategic industry insight, to operational efficiencies, to best-practice management, BCP seeks to provide resources far beyond its capital.
SOURCE Wink Engineering, LLC