Warren Equity Partners – Backed Magnolia River Acquires Storti Quality Services
January 24, 2022
Genz & Associates (“Genz”) is pleased to announce the acquisition of Storti Quality Services, LLC
(“SQS”) by Magnolia River, a portfolio company of Warren Equity Partners. SQS based in Fort Washington, PA, provides gas service line inspection, gas leak detection, natural gas pipeline inspection, quality assurance, project management, and related consulting services for natural gas and electric utilities.
Magnolia River, based in Decatur, AL, provides inspection, engineering, GIS, and technology solutions for utility and natural gas pipeline infrastructure and operations. Utility, municipality, and
industrial customers across the Southeast, Southwest, and Midwest rely on the Company for their pipeline replacement, deployment, and maintenance requirements.
Warren Equity and Magnolia River retained Genz & Associates as their buy-side M&A advisor to assist in their acquisition growth strategy. The acquisition of Storti Quality Services marks the first acquisition Genz has closed with Magnolia River and the second with Warren Equity Partners.