GI partners acquires The Linc Group.
Air Conditioning, Heating & Refrigeration News, December, 2003
HOUSTON -- In a management-led buyout, GI Partners has acquired The Line Group, a provider of facility management services. The Line Group entities, most recently known as Service Co, were formerly owned by Enron Energy Services. Terms of the acquisition were not disclosed but were approved by the Enron bankruptcy court last month.
"Our employees, customers, and non-Enron investors have been looking forward to this day for a long time," said Tracy Price, CEO and president of the Linc Corp. "While our business operations remained focused throughout, the Enron affiliation was a major distraction. We look forward to further developing the excellent business reputation our companies have enjoyed over their 25-year history by delivering a full complement of...
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