Published: August 31, 2015
D&H United Fueling Solutions Announces Acquisition and Executive Team
San Antonio, Texas (August 31, 2015) D&H United Fueling Solutions, Inc., announced today the purchase of the assets of D&H Pump and Environmental and United Pump Supply. The combined companies will be known as D&H United Fueling Solutions, Inc.
John Farrell, a longtime key executive, will continue with the company and has been named Chief Operating Officer (COO). The existing branch management teams will continue to oversee the company's seven branch office and warehouse locations across Texas and New Mexico. In addition, Bo Sasnett, a 30-year industry veteran, has joined the company as Chief Executive Officer (CEO).
Sasnett stated, "I am thrilled to be joining John Farrell and the entire team at D&H United Fueling Solutions. The company has a long history and an outstanding reputation in the industry as fueling solutions experts. As one company, we have an unmatched footprint across the Southwest that allows us to work with current and new customers as they grow in our markets. In addition, as a leading distributor for Gilbarco and other major suppliers, we are able to provide our customers with the latest EMV related technology as well as a full portfolio of other fueling related equipment and services across the Southwest."
Senior management has partnered with Third Century Investment Associates LP, an Atlanta-based private equity firm. Third Century will provide resources that will allow the company to continue to grow and better serve its customers.
Third Century Founder and Managing Partner, Preston Moister, expressed, "Our group is pleased to partner with D&H United Fueling Solutions. The company has an exceptional track record of success as a fueling solutions leader throughout the Southwest. With additional resources and a superb team in place, D&H United is well-positioned for further expansion."
About D&H United Fueling Solutions, Inc.: D&H United Fueling Solutions is a leading provider of services for fueling facilities including equipment sales, installation and construction, repair and service. The company also provides alternative fueling and environmental services. The company provides its portfolio of services across the Southwest in Texas, New Mexico, Arizona, Oklahoma, Arkansas, Colorado and Louisiana with over 200 employees and 150 vehicles deployed in the market.
About Third Century Investment Associates, LP: TCIA invests actively to support carefully selected management teams in proven businesses. Third Century is based in Atlanta, Georgia.
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