JENSEN HUGHES Completes Fourth Add-on of 2015
Detroit, MI – June 8, 2015 – Huron Capital Partners LLC (“Huron”) announced today that its portfolio company, JENSEN HUGHES, Inc. (“JENSEN HUGHES”), has reached a merger agreement with Nexus Technical Services Corp. (“NEXUS”), marking the JENSEN HUGHES’ fourth deal since March 31.
As the largest provider of specialty engineering and consulting services, with combined revenues approaching $200 million and 800 employees, the merger of JENSEN HUGHES and Nexus will expand the technical resources available to provide engineering solutions to the nuclear energy industry as well as a broad range of fire protection engineering, code consulting and property risk management services to commercial occupancies including office, institutional and health care facilities.
“The addition of Nexus continues the expansion of service offerings that meet our goal of advancing the science of safety, both within the nuclear power and energy industries as well as with institutional and commercial occupancies in the non-power marketplace,” said Phil Rogers, JENSEN HUGHES CEO. “Nexus adds a solid history with respected staff possessing strong technical talents. While this represents our fourth acquisition of the year, we will continue to seek out strategic opportunities for adding additional talent and complementary service offerings.”
“One of our roles at Huron is to continue to bring resources to our portfolio companies through our buy-and-build approach. We believe Nexus brings strong technical support to help JENSEN HUGHES continue to meet the evolving needs in this industry,” said Nick Barker, Huron Partner.
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