EDMONTON, AB, Sept. 7, 2012 /CNW/ - Western Canada's oil patch has given rise to a new integrated resource services company: Vertex Resource Group Ltd. It's an amalgamation of three separate organizations: Pioneer Professional Services Group Ltd., Wrapex Industrial Services Ltd. and Westland Energy Services Ltd. Now, they're all officially under the Vertex banner. "I'm extremely excited about our new name," says Terry Stephenson, CEO of Vertex. "It means the highest point, apex or summit, and it sums up how we feel about our new venture."
Pioneer (1978) provided land acquisition, environmental, safety and vegetation control services. Wrapex (1982) supplied construction and building services, scaffolding and industrial insulation. Westland (1985) provided equipment rentals, oilfield hauling and well-site accommodations. All of them operated as subsidiaries of Blackjack Investments Ltd.
Vertex, accordingly, has three divisions: Construction Services, Consulting & Engineering, and Rentals & Oilfield Hauling. Together they provide an integrated mix of products and services that address the needs of the energy sector from cradle to grave. The company comprises over 700 employees, eleven offices, nine field offices and more than 1000 pieces of equipment.
Amalgamation makes everything simpler. Clients benefit from streamlined processes and increased overall efficiency. Confusion is minimized. There's only one name. One call accesses the entire range of products and services. "Our new slogan is 'Versatility. Expertise.' and that's what Vertex is all about," says Stephenson. "The only way forward is to constantly improve and develop our services."
Terry Stephenson founded Blackjack Investments Ltd. in 2005. At the time it consisted of two environment companies with 10 employees and combined revenues of $2.3 million. In the subsequent seven years it has grown to over 700 employees with annual revenues of nearly $120 million. This growth has been achieved by acquiring companies that have allowed Blackjack to become a leader in construction, service, consulting, engineering and equipment rentals to Western Canada's energy sector. As a result, Blackjack was recently named one of Canada's Top 50 Best Managed Companies by Deloitte and CIBC.
Image with caption: "Blackjack Investments Ltd. amalgamates subsidiaries into Vertex Resource Group Ltd. Three separate organizations are now one: Pioneer Professional Services Group Ltd., Wrapex Industrial Services Ltd. and Westland Energy Services Ltd. Now, they're all officially under the Vertex banner. " I'm extremely excited about our new name,"says Terry Stephenson, CEO of Vertex. " It means the highest point, apex or summit, and it sums up how we feel about our new venture." (CNW Group/Vertex Resource Group Ltd.)". Image available at: http://photos.newswire.ca/images/download/20120907_C4635_PHOTO_EN_17567.jpg
SOURCE: Vertex Resource Group Ltd.
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