LineStar Integrity Services LLC, a portfolio company of First Reserve, today announced that it has acquired NuGen Automation LLC, enhancing its ability to provide enterprise-class SCADA, IT, leak detection, regulatory compliance, and operations support for midstream and downstream pipeline companies. Financial details of the transaction were not disclosed.
Under the terms of acquisition, Son Tran will continue in his role as President of NuGen, reporting directly to Daniel Cowan, CEO of LineStar.
“NuGen represents an important building block to grow our energy, integrity, regulatory compliance, and control center operation offerings,” Daniel Cowan, LineStar’s CEO, said. “The company’s proprietary business solutions and in-depth knowledge of how to capture, analyze, and monitor large amounts of operational data serves to greatly improve the safety, profitability, reliability and regulatory compliance standards of oil and gas assets.”