Media
JENSEN HUGHES Closes Seventh Deal, Merging with ERIN Engineering
Detroit, MI – May 5, 2015 – Huron Capital Partners LLC (“Huron”) announced today that its portfolio company, JENSEN HUGHES, Inc. (“JENSEN HUGHES”), has merged with Walnut Creek, California-based ERIN Engineering and Research, Inc. (“ERIN”). The merger is the platform’s seventh deal and enhances the position of the combined organization as a global leader providing risk and specialty consulting services for the nuclear power and energy industry.
The combination of JENSEN HUGHES and ERIN is the nation’s largest provider of specialty engineering and consulting services, with combined revenues exceeding $150 million and more than 700 employees. This will expand the expertise and global resources available to provide risk-informed applications and engineering, external hazards analysis, probabilistic risk assessments, emergency response and fire protection program development including systems analysis, design and audits, life safety code consulting and industry specific software development and regulatory support services.
“The combination of the two companies extends our reach into the nuclear power and energy industries and represents a growing force in providing probabilistic risk assessment and risk management consulting services for clients all over the world,” said Phil Rogers, JENSEN HUGHES CEO. “We are always interested in increasing value to our firm and clients by adding technical talent and complementary service offerings. ERIN has earned a reputation for providing probabilistic risk assessment services as well as respected staff with impressive technical capabilities.”
Huron originally invested in JENSEN HUGHES (then known as Hughes Associates) in May 2011, and was attracted to its market-leading position in the fire protection engineering specialty and ability to serve as a platform for growth.
“This is now a global company of engineers, consultants and scientists who advance the science of safety every day. With its technical expertise, we believe the newly combined firm is perfectly positioned to offer the nuclear power industry the services and talent needed to meet their safety and protection challenges around the world,” said Peter Mogk, Huron Senior Partner.
Certain information herein may contain forward-looking statements which are provided to assist the reader in understanding the beliefs and opinions with respect to future opportunities as perceived by Huron Capital and others quoted herein. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance in future periods to differ materially from any projections or results expressed or implied by such forward-looking statements. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The issuer of these statements undertakes no obligation to update forward-looking statements if circumstances or estimates or opinions should change except as may be required by applicable securities laws.
