Pittsburgh–based JENNMAR, an infrastructure products and specialized services provider, recently acquired the operating assets of Virginia-based G&R Gas Services (G&R).
Assets include more than 100 service vehicles and existing customer agreements.
“This acquisition is an important step in JENNMAR’s expansion of service offerings to the oil & gas industry,” Tony Calandra, JENNMAR CEO, said. “We welcome G&R to our portfolio of companies and look forward to serving a growing customer base in Virginia and across the country.”
G&R’s approximately 100 employees will become part of JENNMAR’s Services division.
“We are thrilled to announce the addition of G&R Gas Services,” Ryan Litwinovich, JENNMAR Services vice president, said. “This acquisition expands our footprint in the Central Appalachian region as we continue to provide best-in-class service to our customers.”
JENNMAR services the civil infrastructure, solar, mining, and construction industries. It is a FalconPoint Partners portfolio company.
FalconPoint is a private equity firm investing in North American middle market companies in the business services and industrials sectors.
JENNMAR Services is a staffing agency providing skilled personnel for coal mining, construction, industrial plants, oil and gas, and other industries.
G&R provides well tending, roustabout, and right-of-way maintenance services to the oil and gas industry throughout Virginia.