Strategic Benefits and Technological Synergies Drive Oso Development Partners' Merger with Prime Energy Services
Prime Energy Services completes merger of Oso Development Partners.
HOUSTON, Oct. 28, 2020 /PRNewswire-PRWeb/ -- Oso Development Partners, a professional services provider specializing in project development, owner's representation, technology integration, and EPCM services announces the successful merger with Prime Energy Services, an industry leader in survey, construction management, and inspection services. The combined entity highlights a full suite of in-house services supporting the entire lifecycle of infrastructure development - from commercial diligence and owner's support through financial close, to field oversight and inspection during construction execution, through commissioning and asset operations and maintenance.
Leading with integrated technologies, Oso and Prime's collective service offerings will provide current and future customers with a simplified approach to project data collection and management, along with streamlined supply chain solutions for third party service providers, fabricators, pipe, valve, fitting manufacturers, and construction contractors. The addition of Oso's project management capabilities, and integrated technology, will position Prime to support project developers and midstream operators with near term value add in terms of savings across a project's administration and general expenses.
"Joining the Prime team is an exciting new chapter for all of us at Oso," said Jason Holland, Managing Partner of Oso. "This move allows us to align with a deeper pool of resources and broader client base, along with maintaining our macro vision of implementing technology and forward-thinking solutions. The Oso team will continue to develop industry-specific solutions that help clients modernize and drive immediate results."
"It's been clear from day one that Oso's unique approach and innovative team are truly bringing value to the infrastructure space," said Ben Fussell, President of Prime Energy Services. "Our model has been one to grow and thrive, and this transaction will allow us to grow our position as a market leader despite the economic headwinds we're currently seeing in the energy industry."
Oso will now be a subsidiary of Prime and will continue to operate under the company's current management team from its headquarters in Houston.
Terms of the deal were not disclosed.
About Oso Development Partners, LLC
Oso Development Partners, founded in 2017, is a Houston-based industry leader in Energy Infrastructure Project/Construction Management and Inspection. With customers worldwide, Oso is transforming the way businesses execute projects with best-in-class technology, expertise and customer-centricity. To learn more, please visit http://www.osopartners.com.
About Prime Energy Services, LLC
Based in Houston, Texas, Prime Energy Services is global provider of survey, inspection, project management, GIS data management services as well as environmental, health and safety consulting. Since 2015, Prime has grown to be an industry leader by staying on both the fundamental and technological forefront to develop trustworthy client relationships. For more information regarding services offered, please visit http://www.primeenergyservices.com.
SOURCE Oso Development Partners
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