Geo Strategy Partners professional and systematic approach provided us strategic alternatives to choose from and, in the end, the shareholders unanimously agreed that ProU was the best fit.
Atlanta, GA (PRWEB) July 14, 2008
Geo Strategy Partners of Atlanta announced the acquisition of Dean-Oliver International, a privately held Georgia-based multi-discipline engineering firm, by Processes Unlimited International Inc. of Bakersfield, CA. Geo Strategy Partners represented Dean Oliver International in this transaction. Financial details were not disclosed.
Processes Unlimited provides full-service planning, engineering design, project management, and safety regulatory services. The company specializes in oil and gas, food and beverage, industrial/manufacturing and materials handling industries. Offices are located in Bakersfield, Fresno, Pasadena and Walnut Creek, California with JV offices in Chennai, India. Dean-Oliver provides engineering services to clients in the building materials, minerals and lime, pulp and paper, food and beverage, energy, oil and gas, alternative fuels, pharmaceutical and general industries. Offices are located in Tucker (near Atlanta), Georgia and Dallas, Texas.
With the acquisition of Dean-Oliver, Processes Unlimited will be expanding its market base from primarily the West Coast to Central and Eastern United States and diversifying into new industrial markets. Processes Unlimited will also be able to provide additional services to its clients who have multiple facility locations. Integration of both the Atlanta and Dallas companies is underway through strategic planning and combined project efforts.
"The client base of both firms will benefit from the combined geographic reach, complementary skill sets and diversified market focus of this partnership." said Mark Towery, Managing Director of Geo Strategy Partners. "Rarely have I seen the merger of two firms whose corporate cultures so closely resemble each other, and this may prove to be the most important synergy going forward."
"We clearly found the right partner for strategic growth" said Rick Watkins, Chairman of Dean Oliver International. "Geo Strategy Partners professional and systematic approach provided us strategic alternatives to choose from and, in the end, the shareholders unanimously agreed that ProU was the best fit."
Geo Strategy Partners is a full service industrial/B2B market research and strategy firm that delivers M&A solutions via its Corporate Growth Practice Group. The company is headquartered in Atlanta, GA with consulting affiliates in ten markets worldwide. Learn more at http://www.geostrategypartners.com