LineStar Services, Inc. is a holding company established to pursue investments in the midstream and downstream energy services market. The Company provides pipeline integrity and construction services to major pipeline owner/operators located throughout Texas, OK, and adjacent energy producing regions. LineStar’s strategy is to develop an energy services platform and continue to identify acquisitions and organic growth opportunities in order to broaden geographic reach, expand service offering and provide a compelling value proposition to operators of energy infrastructure.
LineStar has transitioned from a tactical regional business into a scalable pipeline integrity platform by building out its management team and further developed its organizational depth. The Company has made operational and infrastructure improvements that have focused on finance, systems, risk management, and safety. LineStar has also successfully completed Greenfield growth by adding field offices in Clinton and Alva, OK, to support customer growth.
Add-On Acquisition Criteria
LineStar is interested in add-on acquisitions that would add similar capacity in complementary markets and broaden its customer base.
In December 2009, LineStar acquired Tucker Midstream
In May 2010, LineStar acquired Tucker Construction
In March 2014, LineStar acquired S&S Construction
In December 2014, LineStar acquired A+ Welding