Announced
Completed
Financials
Tags
Single Bidder
ventilation services
United States
Acquisition
Completed
Private
Specialty Contracting
Majority
Friendly
Domestic
Synopsis
Onpoint Industrial Services, a logistics service in Deer Park, Texas, completed the acquisition of Innovative Ventilation Systems, which focuses on providing temporary ventilation services in a variety of environments including shutdowns and turnarounds. Financial terms were not disclosed. "This partnership with Innovative Ventilation Systems, Inc. allows Onpoint to expand upon the most important aspect of our company –– safety. Everything that is required to safely facilitate work in a confined space, Onpoint has the ability to execute. From Safety Attendants to our confined space monitoring system, WatchPoint, and now high-level ventilation services, Onpoint is equipped with the resources to ensure confined space work is completed safely and efficiently," Liz Clark, Onpoint Industrial Services CEO.
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