Kleinfelder Completes Acquisition of Gas Transmission Systems
(UC) — San Diego-based Kleinfelder Group said it has acquired utilities and pipeline services firm Gas Transmission Systems (GTS) for an undisclosed sum.
Founded in 1998, GTS offers services to gas utilities and pipeline operators across the U.S with a concentration on integrity management and rehabilitation of aging infrastructure.
“GTS will continue to capitalize on opportunities resulting from significant regulatory drivers,” Kleinfelder said after the transaction closed on Tuesday. “Kleinfelder and GTS have several shared portfolio clients, which will lead to synergistic momentum that will drive opportunities for value creation and further establish Kleinfelder as a major player in the energy.”
The GTS organizational structure will remain unchanged under the direction of President Ben Campbell and will report through West Division Director Victor Auvinen, Kleinfelder said.
“As a well-established gas utilities and pipeline services firm, GTS is a strong addition to Kleinfelder,” said Kleinfelder President and CEO Louis Armstrong.
Kleinfelder is involved in engineering, design, construction management, construction materials inspection and testing, and environmental professional services. Following the GTS acquisition, Kleinfelder employs more than 2,400 professionals and operates in the United States, Canada, and Australia.
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