Houston-based Total Safety recently acquired S&H Services, providers of safety consultants to the oil and gas industries, with a concentration in pipelines. The terms of the deal were undisclosed.
IVS Investment Banking was engaged to represent the sale and served as the adviser to S&H Services for this transaction.
“The time I was spending running two growing businesses (S&H and Reactor Services) was consuming,” said Chip Hoiseth, president of S&H Services. “When I was considering selling one company to focus on the other, I contacted Thomas Brinsko at IVS Investment Banking because I know him to be a man of integrity and he has many, many contacts in our industry. He understood the type of company I wanted to partner with, and handled the matter with a lot of professionalism.
“He and IVS Investment Banking’s John Zapalac helped answer all my concerns and questions during the process, which went faster than I expected. If you are considering selling an interest in your business, I would recommend you contact IVS.”
Total Safety is a leading provider of integrated safety strategies and products necessary to support them — on-site safety services, turnaround safety support, gas detection, respiratory services, rescue services, safety training, fire services and engineered system design.
IVS Investment Banking, the sister company of BIC Alliance, enables the BIC Alliance companies to be a one-stop shop not only for marketing but also for merger and acquisition matchmaking, investment banking and recapitalization.
IVS Investment Banking works with management teams in acquiring manufacturing, distribution and service oriented businesses in the petrochemical, refining, power generation, environmental, construction, marine, and pulp and paper industries. Over the course of their careers, IVS principals have worked on M&A transactions whose aggregate value has totaled in excess of $1 billion.
Over the past few years, the IVS principals have completed more than $200 million worth of investment banking transactions.
If you are interested in selling, investing in or buying companies in the energy, industrial, maritime and/or environmental services sectors, please contact Thomas Brinsko at IVS Investment Banking at (281) 538-9996, e-mail tbrinsko@bicalliance.com or visit www.bicalliance.com.