Artera Services LLC, one of the nation’s industry-leading providers of integrated infrastructure services to natural gas and electric industries, completed the previously announced acquisition of Feeney Utility Services Group, comprised of Feeney Brothers Utility Services and DDS Companies.
“We welcome the FUSG team to the Artera family and we are excited to expand our core natural gas distribution capabilities into the Northeast market” stated Brian Palmer, CEO of Artera. “I look forward to working with this talented team and continuing to provide world-class service to our valued customers, with a continued focus on quality and safety.”
Brendan and Greg Feeney, founders of FUSG, and Sean Donohoe, president of DDS will continue in their current roles and lead Artera’s operations in the northeastern U.S.
Brendan Feeney said, “Joining the Artera team is a great fit for our organization. I am enthusiastic for what’s next and how we can provide new opportunities for our team members, share resources, and build relationships to support our customers and the local communities where we work.”
Bank of America, BNP Paribas, Harris Williams, and UBS served as financial advisors to Artera, and Debevoise & Plimpton LLP served as legal counsel to Artera. Lincoln International served as financial advisor to FUSG and Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo served as legal counsel to FUSG.