This move deepens our domain expertise within the energy sector and expands our national geographic presence.
Pittsburgh, PA (PRWEB) November 09, 2015
System One, a leading provider of specialized workforce solutions and integrated services, today announced the acquisition of Precision Resource Company (“Precision”). Precision provides engineering, project management and technical support to the power and energy industries. Precision becomes a wholly owned subsidiary of System One Holdings, LLC, and will operate in alignment with System One’s energy division.
System One and Precision offer comparable services across the full power generation lifecycle. Both companies have a strong track record of delivering contract talent for industrial and process environments, including development, design, construction, startup and commissioning, and operations and maintenance. The acquisition provides entry for System One into several new dynamic markets, including Oak Ridge, TN, San Antonio, TX, and Amarillo, TX, and expands its presence in Denver, CO, and Houston, TX.
“Our companies’ services align perfectly to support our clients’ goals for efficient and cost-effective planning, construction and operations,” said Troy Gregory, President and CEO of System One. “This move deepens our domain expertise within the energy sector and expands our national geographic presence. It’s a win-win scenario for System One and Precision, and we are excited to have their team on board.”
The sale coincides with the planned retirement of Precision President Keith Byrom. “I’m thrilled that System One is investing in the growth of Precision’s successful business approach,” said Byrom. “This move recognizes the strong value of our team’s delivery model and high-integrity environment. The combined entities make for a powerful combination to support our customer base.”
This transaction represents the second significant acquisition this year for System One. In July 2015, System One acquired the Quality Programs business from AECOM.
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About System One
System One delivers specialized workforce solutions and integrated services. We help clients get work done more efficiently and economically, without compromising quality. For more than 30 years, we’ve built our reputation on exceptional talent, flexible delivery and full accountability. System One’s national network spans energy, engineering, IT, commercial, scientific & clinical, legal and beyond. System One is based in Pittsburgh, PA.
About Precision Resources Company
Precision Resource Company has provided highly skilled engineering and technical personnel to the U.S. power/energy market for more than 19 years. Our relationship business model supports customers throughout the entire construction and maintenance life cycle, and insures alignment with customer goals and planning processes. Precision delivers on those “hard to find” engineering, project management, project support, start-up, and commissioning personnel crucial to our customers’ success.