DBi Services has acquired Reforestation Services, Inc. of Salem, Oregon, a vegetation management company focused ion the railroad industry. Here is the full text of the press release.
HAZLETON, PA and SALEM, OR – Effective June 19, 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 the 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 a way we were never able to do before. At the same time we will make sure that our 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