PROtect, LLC Acquires Riccardelli Consulting Services, Inc. (RCS)

 

FOR IMMEDIATE RELEASE: 08/ 30 /2021

PROtect, LLC Acquires Riccardelli Consulting Services, Inc. (RCS)
Adding to Our Reputation of Specialization Quality

Wichita KS, USA, August 30, 2021 — PROtect, LLC, a leading national safety, reliability, and compliance services firm based in Wichita, KS acquires Riccardelli Consulting Services, Inc. ( a premier Lehi, UT based provider of advanced and conventional non destructive testing focused on pipeline integrity for the midstream oil gas industry.

PROtect is led by Nathan VanderGriend, P resident CEO, and will continue to be supported by PROtect’s and RCS’s management teams.

“RCS’ s industry reputation, top notch team, and proven unmatched service standards make them a great fit” stated Nathan VanderGriend, President CEO of PROtect “ we believe that with this integration, 1+1=3 or more, as the acquisition will lead to business growth providing opportunities for the members of the employee and management team to grow professionally and f or our combined customers access to a more diverse suite of service offerings and expertise.”

“We are excited for the new partnership with the PROtect team and excited to have joined forces. Like ourselves, PROtect is a quality focused organization that strives to exceed the expectations of its customers, offer unique solutions and take care of its employees,” said Sean Riccardelli, Owner and President of RCS. We couldn’t be more pleased to find the perfect partner in Nathan and his team. We share a very similar philosophy about caring for our people and visions for building best in class for our customers. I am super excited to watch my team continue their personal and professional growth and finding added fulfillment in their n ew positions with PROtect.” The two companies have shared values and a vision to bring the highest quality services to the industries served to ensure safety, reliability and compliance of our customer’s operations.

“With the addition of RCS, PROtect strengthens its advanced non destructive testing capabilities and pipeline integrity service,” said Justin McClarty, Chief Strategy Officer at PROtect.” Through this process, we’ve been impressed by the RCS team’s innovative approach and the technologies RCS has developed to bring value to our industry. PROtect is excited by the growth potential of this bolt on acquisition. We look for opportunities like this to help improve the value we add for our customer s already strong safety cultures.”

The companies will retain all team members and continue to operate out of its multiple locations. Both companies will also operate under their current brands for the immediate future.

Dentons US LLP served as legal counsel to PROtect. Richards, Brandt, Miller Nelson served as legal counsel to RCS.

About PROtect, LLC — Headquartered in Wichita, KS, PROtect, LLC (formerly ERI Solutions, LLC & DBI, Inc.) (https://protect.llc/) is a professional services company that provides safety, reliability, and compliance services to high-hazard industries such as biofuels, chemical, oil & gas, power generation, pulp and paper, and allied industries. Such categories include advanced and conventional non-destructive testing (NDT), mechanical integrity (MI), environmental, health, safety, process safety, and insurance program management. PROtect’s engineers, consultants, and technicians dispatch to service our customers from various locations within the continental United States to ensure timely and cost-effective delivery of service.
PROtect also operates ERM SPC, Ltd., a segregated portfolio captive reinsurance company domiciled in the Cayman Islands focused on reinsuring workers compensation, general liability, and property of qualified risks.

About Riccardelli Consulting Services, Inc. (RCS) —Sean Riccardelli launched RCS (https://rcsnde. in 2007 as a pipeline integrity contractor, providing NDE technical support for anomaly evaluation and In Line Inspection smart tool validation. RCS leads the industry with the concept of “Integrity Delivers Quality” as the core foundation to who they are. Utilizing and partnering with leading manufacturers and educational facilities they bring new levels of quality assurance and certification to system integrity and process safety management.

About Spire Capital Partners — Spire Capital (https://spirecapital.com/) is an active and experienced private equity firm with an investment focus in small market companies within the technology-enabled business services, media, communications, and education sectors. Spire Capital was founded on the principle of partnering with management teams and founders to help effectuate the next stage of growth for their companies. Spire professionals have a broad array of past operating, investing, and advisory experiences that they leverage to assist portfolio companies in accelerating growth, guiding strategic direction, and executing their business plans.

Spire Capital is a New York based investment advisor registered with the Securities and Exchange Commission under the Investment Act of 1940. Market conditions can vary over time and past fund performance does not guarantee future fund results.

For more details, contact:
Justin McClarty
PROtect, LLC
(316) 927-4295 direct
Justin.McClarty@protect.llc