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TRANSACT IONS GATE ENERGY ACQUIRES PATRIOT FILTRATION SERVICES, STRENGTHENING BLUEFIN’S TURNKEY PIPELINE & PROCESS SERVICES GATE Energy announced the acquisition of Patriot Rentals’ filtration business unit headquartered in Lafayette, Louisiana. Patriot will join forces with BlueFin, a GATE Energy Company, which will expand their project management bench strength and expertise in water filtration and flowback solutions, further bolstering BlueFin’s expertise for turnkey pipeline management and flowback services. Patriot’s water filtration division is a Gulf of Mexico industry leader. Recognized and differentiated by their experienced operations team, Patriot’s core competencies are water filtration and handling, flowback solutions for well unloading and transient event management, water filtration for pipeline decommissioning and remediation, and temporary produced water treatment for WSO’s and other contaminants. Jamie Robin, Patriot’s operations manager and partner, said, “The Patriot team is really excited about the opportunity to partner with BlueFin. The addition of this service offering to BlueFin’s best in class pipeline and process platform will bring tremendous value to their already established GoM customer base. BlueFin has built a dynamic business and have been an impressive group to watch grow over the last few years.” Eric Hebert, Patriot’s founding and managing partner, commented, “With this transaction, our clients will gain a more efficient delivery of services, integrated expertise, and solutions to support their needs.” Jason Broussard, BlueFin’s vice president,
said, “With this acquisition, the BlueFin and the GATE Energy family of companies will be further positioned to provide a more integrated offering to the energy market, as well as enhance the vertical integration of our services for our pipeline and process business unit. Our team is excited to embrace the Patriot team. Their reputation and client confidence parallels our mission to ‘Make it Work Right the First Time’.” BENNETT WAGNER GRODY ARCHITECTS JOINS CANNONDESIGN CannonDesign announced that Denver-based Bennett Wagner Grody Architects has joined the firm. This merger establishes CannonDesign’s first office in Colorado and better positions the practice to serve clients throughout the Mountain State region. Founded in 1989 and in its 28th year of practicing architecture, Bennett Wagner Grody Architects is known for designing spaces that enliven the human experience and address environmental, social, and economic challenges. Recent projects include Colorado State University’s Behavioral Sciences Building, Colorado Mesa University’s Engineering Building, and numerous projects with Kaiser Permanente. “This new partnership energizes our firm with BWG’s solid reputation in higher education, preK-12 and healthcare markets, strengthened by their focus on student housing, libraries, interior design, and civic work,” said CannonDesign’s CEO Brad Lukanic, AIA. “We found a like-minded firm to align our strategic goals with, advancing our design impact across the architectural industry.” Going forward, Bennett Wagner Grody
Architects will conduct business as Bennett Wagner Grody Architects | CannonDesign until a future transition to the CannonDesign name. The firm will continue providing architecture and interior design services, while offering new areas of expertise, such as building engineering, technology consulting, workplace strategy, and facility optimization. The firm will also benefit from CannonDesign’s advanced design technologies and innovative approach to design; in 2017, Fast Company named CannonDesign one of the 10 most innovative architecture firms in the world. Reflecting on the merger, Donald Grody, a founding partner at Bennett Wagner Grody Architects, noted the partnership allows his firm to transcend the notion of what a traditional architecture practice should be. “There are many design firms that do good architecture in Colorado,” he said. “But this merger allows us to do more – to harness new services and expertise to help our clients leverage the built environment to improve performance and create stronger futures. It gives us a very distinct perspective in the industry.” Complementing Bennett Wagner Grody Architects’ work inColorado is CannonDesign’s portfolio of work in the state, including the renovation and expansion of the University of Colorado at Boulder’s Student Recreation Center, the expansion of the University of Colorado Hospital’s Anschutz Inpatient Pavilion, and the U.S. Air Force Academy’s Holaday Athletic Center among others. “The Colorado geography is key for our clients – it’s a place we’ve had a minor presence and now we’re going to truly make a mark,” added Lukanic.
CONFERENCE CALL, from page 7
TZL: What is the role of entrepreneurship in your firm?
design is sound. It flows into our ability to win work, our success in the approval process, and also the ability of our leaders to motivate their teams. “I am a firm believer that ‘culture eats strategy for lunch.’ A healthy culture will enhance work ethic, improve retention, and improve client service – all major factors in a consulting firm’s success.” TZL: What’s the greatest challenge presented by growth? DL: Maintaining corporate culture. Growth makes it more difficult to give people the “shared experience” of the firm. Multiple offices means you have to work harder and com- municate smarter in order to keep everyone rowing the ship in the same direction. I am a firm believer that “culture eats strategy for lunch.” A healthy culture will enhance work eth- ic, improve retention, and improve client service – all major factors in a consulting firm’s success.
DL: It’s a huge factor in our success. We encourage our man- agement to push the envelope in our areas of influence and client base. We incentivize them to do it. We support well thought-out extensions of our technical abilities. If some- one is willing to invest the time to enter new geography, or expand our market segments, we support and reward them. The opportunity for entrepreneurship drives our key people and our firm to overachieve. TZL: What’s your prediction for the rest of the year and for the next five years? DL: Last year, we had a nice 7 percent bump in total billing volume from 2016. I am comfortable that 2018 will be as good as 2017 which has been great. I would forecast some expansion in the first half of the year and a little retraction the last half of 2018. I think the economy will cool a bit in 2019 and 2020, and then start to expand again in 2021. If the government passes meaningful tax reform we could have a little more expansion, but I wouldn’t bet the house on that.
© Copyright 2018. Zweig Group. All rights reserved.
THE ZWEIG LETTER January 8, 2018, ISSUE 1230
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