Generational Equity has announced the acquisition of its client, WB Construction, LLC (WBC), headquartered in Wichita, Kansas, US, by Strathklyde LLC. The acquisition closed on 8 January 2016.
WB Construction LLC is a specialty industrial contractor, providing facilities and system upgrades to major petrochemical and natural gas processing sites, and other related industries. WBC is a certified ASME "R" Stamp vendor and an OSHA Star Site Contractor. The Company has worked on numerous upgrade/repair projects for high profile processing and storage plants.
Managing Director, Michael Goss, and his team, including Vice President Julie Sandoval and Generational Equity-affiliated partner Fred Phillips, of Transition Advisors Inc., led the Generational Equity deal team that advised WBC on the transaction.
"We are pleased with the opportunity this acquisition provides for our employees and customers. Strathklyde will enable WB Construction LLC to broaden its customer base and widen the services available to them," commented Rod Blackburn and Wallace Wells, Co-Owners of WB Construction LLC.
Edited from press release by Angharad Lock
Read the article online at: https://www.hydrocarbonengineering.com/refining/20012016/strathklyde-llc-acquires-wb-construction-llc-1943/
