Petroleum Equipment Holdings, LLC acquires Durand’s Testing Service, Inc.

DALLAS, TX | July 21st, 2022 – Rosewood Private Investments (“RPI” or “Rosewood”) is pleased to announce the appointment of Eric Reisner as the new Chief Executive Officer of StationServ Holdings, LLC (“StationServ”), along with the acquisition of Durand’s Testing Service, Inc. (“DTS”) by Petroleum Equipment Holdings, LLC (“PECO”), a subsidiary of StationServ. 

Eric comes to StationServ with over 30 years of experience leading industrial and commercial service, construction and equipment companies, and has a longstanding track record of delivering consistent organic growth, while successfully integrating acquisitions. Most recently, Eric was President and CEO of Unified Power, the nation’s largest critical power service company. 

“I am so excited to join StationServ and welcome the DTS family to the team. We are in a unique position to build a company that brings total lifecycle offerings to our customers and this acquisition is a great start. With the partnership and support of Rosewood, our combined company’s history of over 110 years, and being a distributor for the largest fuel dispenser OEM, Gilbarco, the future is very bright for the StationServ family of companies,” said Eric. 

The acquisition of DTS fits into StationServ’s vision of continuously growing and improving service offerings for customers and adds tank/line inspection and compliance capabilities to the platform.  

G.T. Barden, Managing Director of RPI, said, “We are thrilled about expanding the StationServ platform through PECO’s acquisition of DTS, and we look forward to the next stage of growth as we leverage the combined capabilities of the companies.”