DBi Services Acquires Reforestation Services, Inc.
HAZLETON, Pa. & SALEM, Ore.–(BUSINESS WIRE)–Effective June 30, 2017, DBi
Services has acquired the assets of Reforestation
Services, Inc., under ownership of Debi and Stan Rogers located in
Salem, Oregon.
Established in the 1950s, the company specializes in vegetation
management, primarily for the railroad industry in Western United
States. Reforestation Services, Inc. utilizes on-track hi-rail
equipment, as well as off-track trucks on railroad properties for
spraying, weed-eating, brush and species-specific maintenance.
Reforestation Services is well known for its quality work on Class I and
shortline railroads.
The acquisition of Reforestation Services, Inc. is an excellent
strategic fit for DBi Services’ continued expansion, and a perfect
complement to its existing vegetation management and diversified
services capabilities. The company’s well-maintained fleet adds to DBi
Services’ existing footprint, further expanding its resource
capabilities across the United States.
DBi will operate Reforestation Services, Inc. under the name DBi
Services, maintaining operations in the current Salem, Oregon location.
Stan Rogers initial focus will be on an effective integration to ensure
operations are transitioned efficiently into DBi Services. He will then
transition into a business development role with DBi Services, focusing
on customer and service expansion in the Western United States.
“We are very excited to become a part of the DBi Services family and are
prepared to transition and move forward in way we were never able to do
before. At the same time we will make sure that are customer base always
comes first, providing them Goal Oriented Results. When you consider all
that goes into an acquisition we have to say that at the end of the day
we are well pleased. This is a special day for Debi and I,” said Debi
and Stan Rogers.
Mark Robinson, DBi Services President and COO noted, “We are excited to
bring the RSI team into the DBi family and to expand our rail vegetation
management business as well as our footprint in the Pacific Northwest.”
Adds Roger Zino, DBi CEO, “RSI’s customer centric approach fits in well
with our team’s relentless focus on completely satisfying our customers.”
About DBi Services
DBi Services is a global leader in infrastructure operations and
maintenance. Founded in 1978, DBi is headquartered in Hazleton,
Pennsylvania and has grown from a small commercial residential
maintenance company to a global network of over 60 locations and 2100
employees in the US, Canada and the UK, providing infrastructure
maintenance, management and operations solutions to government agencies,
railways, utilities and private industries. To further fuel its growth,
in 2016 DBi partnered with Sterling Partners, a growth-oriented private
equity firm, allowing DBi to invest in more resources and build upon its
position as a market leader. For more information, visit www.dbiservices.com.
About Sterling Partners
Sterling Partners is a private equity firm with a distinct point of view
on how to build great companies. Founded in 1983, with over $4 billion
of assets under management, Sterling is guided by its stated purpose:
INSPIRED GROWTH®, which describes Sterling’s approach to investing in
differentiated businesses and growing them in inspired ways. Sterling
focuses on investing growth capital in middle-market companies in the
healthcare services and business services industries. Sterling provides
valuable support to the management teams of the companies in which the
firm invests through a deep and dedicated team of professionals,
including a strong network of outside directors and advisors. The people
at Sterling believe in ideas and ideals, in people and in partnerships
that drive long-term success. For more information, visit www.sterlingpartners.com.
Contacts
DBi Services
Brenda Swank, 800-360-9333, EXT. 6216
Senior
Executive Administrative Assistant
[email protected]