By Molly Burgess2019-10-25T15:20:00+01:00
OFS Energy Fund has announced that Integrity Energy Services, LLC, has completed the acquisition of Vanguard Energy Services LLC.
Illinois-based Vanguard offers nitrogen pumping and delivery services to the upstream, midstream and downstream energy markets. The acquisition will allow Integrity to continue its growth in the nitrogen services market.
“Integrity is positioned to continue its growth in the nitrogen services market and build relationships across all upstream to downstream markets,” said Bruce Ross, OFS Managing Partner.
“The acquisition of Vanguard provides Integrity with additional assets and management breadth at a time when the company is further expanding its foothold into the downstream market,” said Robert Whilden, OFS Managing Director.
“Over the course of the past 12 months, Integrity has completed several large LNG projects, which has provided Integrity with a solid market presence in the downstream market.”
Integrity was formed in July 2016 as a wholly owned subsidiary of Conquest Completions Services, LLC, a portfolio company of OFS that was sold in July 2017. In conjunction with the sale, Integrity was spun off from Conquest into a standalone entity and a new platform company for OFS.
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