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Saturday, April 17, 2021

MSHS Group Outlines Expansion Plans

Maritime Activity Reports, Inc.

March 2, 2021

(Photo: MSHS Group)

(Photo: MSHS Group)

Positioned to expand both its geographic reach and service capacity, the MSHS Group announced a partnership with MPE to accelerate a strategic long-range expansion plan. MSHS Group’s growth plans include broadening its reach in the marine and energy industries with new locations, serving new market segments, and expanding its product and service offerings. The companies specialize in the integration of equipment, services, and control systems for customers in the marine, industrial, government, and commercial segments throughout the world.

MSHS Group CEO, David A. Santamaria, stated, “As the industries we serve evolve with technology and market-driven changes, the time is right for implementing our plan to cultivate new connections, enhance our service offerings and deliver integrated solutions for our customers. The strategic partnership with MPE Partners provides resources to accelerate that ambition and preserve our unwavering commitment to our customers and employees. We are confident this step forward will increase the breadth of our technical capabilities and continue our tradition of providing the best services to our customers.”

MSHS Group Board Member, Are Friesecke, added, “MPE’s history of investing in industrial services businesses and partnering with entrepreneurs made them a natural fit for us. We are excited to begin the next phase of our growth and look forward to collaborating with MPE to pursue these new strategic opportunities.”

Michael Duffy, MPE Vice President, said, “We look forward to partnering with Are, David, and the rest of the MSHS Group team to build upon their sterling industry reputation and accelerate their growth initiatives, while maintaining the strong culture and commitment to its customers that has made MSHS Group so successful to date.”

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