Anotech Energy Acquires Clover Global Solutions, LP
Clover Global Solutions, LP, a contingent workforce solution provider to upstream E&P, midstream pipelines and downstream chemical plants, refineries, and LNG operations, was officially acquired by ANOTECH Energy on July 28, 2016.
The acquisition brings together the global business landscape of ANOTECH Energy and Clover’s long standing relationships with an impressive portfolio of North American based global operators and a deep talent pool of staff contractors. This acquisition should deliver an immediate positive effect and most importantly, each company’s business will carry on as usual.
For ANOTECH Energy, this acquisition will enhance their previous position with the “Super Majors” and mid-cap US energy companies that operate domestically and internationally. The companies’ union adds proven manpower for drilling and completions and project support services.
For Clover, this means adding support for the civil, infrastructure, and mining industry, while also opening up employment opportunities by expanding its global reach to 63 countries.
Xavier Feuillatre, ANOTECH Energy Director, said: “By optimizing the strengths of both companies, this acquisition positions us for rapid growth in North America within our existing and potentially new client base.”
Chris Sutton, Clover Director, said: “It was clear from the beginning that our cultures aligned. Clover’s lean business model could be leveraged, and we could expand our global footprints significantly. Clover and ANOTECH are well known brands, both have exemplary safety records, and our clients do not overlap. We’re a good fit for one another.”
Carolyn Sutton, one of Clover Global founders and Managing Partner, has retired and will serve in an advisory capacity. Her retirement has opened up the opportunity to increase participation in charities and services addressing young women’s entrepreneurial development, elder care, juvenile diabetes, and cancer research.
Chris Sutton, Clover Partner, will assume the Director position for Clover. He will facilitate integration of the two companies, while continuing to drive Clover Drilling and Completions International manpower support expansions and help.
About ANOTECH Energy:
Headquartered in Labège, France, ANOTECH Energy is an engineering, construction and industrial projects consulting firm that specializes in Oil & Gas Exploration and Production, Petrochemical, Power Generation, Renewable Energy, Mining, and Water industries. ANOTECH Energy operates from over ten locations across five continents, providing local or regional local services to its clients, while still reaching other worldwide markets.
About Clover Global Solutions, LP:
Headquartered in Houston, Texas, Clover Global Solutions LP provides energy companies with global staffing and workforce solutions. Clover markets to the Super Majors, mid-majors, pioneering independents, engineering and construction firms, private equity and venture capital funded firms. Clover’s solutions include; recruitment for contract staff and permanent hires, payrolling, alumni/retiree re-engagement, independent contractor risk management, and salary benchmarking. In addition to these contingent workforce services, Clover DCI is a specialized group focused on providing drilling and completions personnel for worldwide deployment.