Market Overview

Generational Capital Markets Announces The Acquisition Of Enoserv LLC By Doble Engineering Company

Share:

Generational Capital Markets, Inc.,
member FINRA/SIPC, ("GCM") an advisor to privately-held businesses for mergers
& acquisitions, is pleased to announce the acquisition of its client, Enoserv
LLC, headquartered in Tulsa, Oklahoma, by Doble Engineering Company (Doble), a
subsidiary of ESCO Technologies, Inc. (NYSE: ESE). Doble is headquartered in
Watertown, Massachusetts and ESCO Technologies in St. Louis, Missouri. The
acquisition closed on January 28, 2015

Enoserv provides a suite of proprietary, mission-critical software tools for
the testing and management of the electric power transmission network. The
Enoserv division of Doble and the existing business of Doble will maintain
their respective core offerings and Enoserv's vendor agnostic nature will
remain intact. The comprehensive offerings will give customers the appropriate
resources to facilitate compliance with new regulatory standards at all stages
of adoption. To learn more, visit www.enoserv.com.

Managing Director Tom Staszak and Vice President Chris Gain were the GCM M&A
advisors to Enoserv on the transaction. "Enoserv's expertise in software
development and commitment to providing innovative, reliable and user-friendly
solutions will enable Doble to better meet the testing needs of its customers
as they work to maintain their assets in the midst of a heightened regulatory
environment," stated Tom Staszak.

Doble has been helping clients in the electric power industry improve
operations and optimize system performance for nearly a century in over 110
countries. Doble offers diagnostic instruments, services, and the world's
premier library of statistically significant apparatus test results for the
benefit of energy generation, transmission, delivery companies, and industrial
power users worldwide. Doble is part of the Utility Solutions Group of ESCO
Technologies, Inc. For more information, visit www.doble.com.

"Our combined resources will empower utilities to ensure grid reliability and
enhance the safe delivery of electric power. On behalf of the entire Enoserv
team, we're thrilled to join the Doble community," stated Dennis Loudermilk,
Enoserv founder and president.

Posted-In: News M&A Press Releases

 

Related Articles (ESE)

View Comments and Join the Discussion!
Loading...

Partner Center

Loading...