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Union, Illinois -based Specialty Utility Contractor Accelerates Growth with New Investment Partner

UNION, IL (July 19, 2017) – Specialty utility contractor, INTREN, has announced that One Equity Partners (OEP) has become a minority investor in the company.  OEP is a middle market private equity firm focused on specialty contracting, industrial, healthcare, and technology markets worldwide.  

“It is because of our customers, who have asked us to continue that growth in order to meet their needs, that we are very pleased to welcome OEP as investors,” said INTREN President Lance Rosenmayer. “This partnership will allow us to begin the next step of our nationwide growth plan. Securing this investment demonstrates confidence in INTREN and its ability to develop innovative solutions.”

INTREN has reshaped the power and utility landscape, growing beyond the traditional business model.  As a leader in utility construction, the company has received numerous awards, outpacing the industry with advancements in safety, customer service, and strategic decision making.  Commenting on the investment, Chief Executive Officer Kelly Tomblin said: “This investment will accelerate our company’s commercial growth, expand its expertise and ensure we continue to offer the safest and most effective solutions to our customers”.

Loretta Rosenmayer, founder and majority owner of INTREN, will continue as Chairwoman of the Board.  Recently appointed CEO Kelly Tomblin joins the team to support the development, growth and expansion of the company.  

“INTREN is a premier utility specialty contractor in the U.S. with nearly three decades of experience working with the nation’s largest utility providers,” said Andrew Oliver, Managing Director of One Equity Partners.  “As the need for new transmission and distribution infrastructure continues to grow, INTREN’s strong design, construction and management capabilities will help utilities meet their infrastructure needs.” 

As a nationally certified Woman Business Enterprise (WBE), INTREN has maintained its unwavering commitment to women and minorities acting as a strong voice for stewardship throughout the industry. 

Stifel served as the exclusive financial advisor to INTREN in the transaction and Katten Muchin Rosenman LLP served as INTREN’s legal advisor and BDO USA, LLP as tax advisors. Lincoln International and Dechert LLP served as OEP’s finance and legal advisors.


Further Reading

About One Equity Partners (PDF)
Frequently Asked Questions (PDF)

Torrential rainfall and high winds during the night of Tuesday, July 12th caused havoc to more than 11,000 homeowners who woke up without power on Wednesday. INTREN was more than willing and ready to respond to the call to assist the Midwest’s major utility companies in helping to restore power to their customers. In the Northwest Chicago area, INTREN dispatched over 38 crews who worked diligently and safely to replace electric poles ripped down by the storm in several rural locations and townships.

Last night, INTREN was honored to win Exelon’s Safety Performance in Excellence Award in the Utility Services and Materials Category at their annual Supplier Summit in downtown Chicago. We would like to thank Exelon. Your demand for safety sets you apart, but more importantly, you work with your contractors on how that can be achieved. You are true partners with your commitment.  You value your workers and you value your contractors and that makes all the difference in the world. Also, thank you to the entire INTREN team for living our safety culture and striving for injury-free employment every day.  #SupplierSummit2017

 INTREN CEO Joins Three Decades of Groundbreaking Entrepreneurs

EY has announced that Loretta Rosenmayer, CEO of INTREN received the Entrepreneur of the Year® 2017 Award in the Midwest program for the Real Estate, Construction and Utilities category. The award recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Loretta was selected by an independent panel of judges, and the award was presented at a black tie gala on June 21 in Chicago. 

“EY has been recognizing leading entrepreneurs for over three decades,” said Rye Butman, Entrepreneur of the Year Program Director for the Midwest program. “The class of winners in 2017 represent new ways of thinking, disruptive business models and overall dynamism that make this country a great place to do business.”

Since 1986, EY has honored entrepreneurs whose ingenuity, spirit of innovation and discipline have driven their companies’ success, transformed their industries and made a positive impact on their communities. Now in its 31st year, the program has honored the inspirational leadership of such entrepreneurs as: 

• Howard Schultz of Starbucks Coffee Company

• Pierre Omidyar of eBay, Inc.

• Mindy Grossman of HSN

• Robert Unanue of Goya Foods

• Reid Hoffman and Jeff Weiner of LinkedIn

• Andreas Bechtolsheim and Jayshree Ullal of Arista Networks

• Hamdi Ulukaya of Chobani

• James Park of Fitbit

As a Midwest award winner, Loretta is now eligible for consideration for the Entrepreneur of the Year National program, where award winners will be announced at the Entrepreneur of the Year National Awards gala in Palm Springs, California on November 18, 2017. The awards are the culminating event of the EY Strategic Growth Forum™, the nation’s most prestigious gathering of high-growth, market-leading companies. The Entrepreneur of the Year Overall Award winner then moves on to compete for the World Entrepreneur of the Year Award in Monaco in June 2018.

 

INTREN was proud to again sponsor the 2017 Exelon African American Resource Alliance (EAARA) Diane Lewis Scholarship Golf Outing on Saturday, June 3rd. The money raised at the
event funded 30 scholarships for African American students pursuing post high school education. The INTREN foursome of Business Development Manager Lloyd Gillespie, Foreman Pete Becker, Tim Ahern, and ComEd representative Jacob Leonard took home first place. During the event, the President and CEO of ComEd Anne Pramaggiore took pictures with many of the golfers, including INTREN’s teams.

The town of Marengo came together as a community last Saturday to build the INTREN Playground and fulfill a wish for neighborhood children and parents. Part of the park district's Indian Oaks Park, it was a project that had always been close to Marengo resident Mike Miller's heart.

Back in 1993, Miller, a retired Underground Civil Superintendent for INTREN, had initially installed the original playground equipment. However, over the years with lost and broken parts, a manufacturer that was out of business and no longer ADA compliant, the park district was forced to restrict access and then remove the equipment in 2016.

"To see a snow fence around the old equipment to keep kids out was disheartening," said Miller. "I couldn't just sit there and do nothing. With construction background experience that was much needed on the Marengo City Council, I was appointed to a vacant alderman position, where I could make a difference."

Soon after, Joe Vallez, who had built playgrounds for other municipalities, had been hired as the new Marengo Park District Superintendent. With a common interest and ally in Vallez, they began the fundraising necessary to build the playground.

"Many local businesses stepped up to the plate with either monetary donations or much needed product, such as fill or concrete," said Miller. "INTREN, who has always supported the Marengo community, gave us a generous donation and we are honored to name the playground in their name."

INTREN's Underground Civil Crew also played a vital part in the buildout of the playground. The crew included Marengo residents - Brian Miller, Dan Profit, Kyle Secor, Wes Quick, Paul Mitzelfelt and Boyd Bohn.

"The INTREN crew was key to the successful build," said Vallez. They were there every step of the way to help in any way they could."

Also on hand, were dozens of locals, along with the Marengo Fire/ Rescue Squad and newly-elected Marengo Mayor John Koziol.

The ribbon-cutting ceremony, which will include fun activities for the kids, will be on Saturday, June 3rd at Noon. All are welcome to bring their kids and join in the fun and festivities! 

Pictured Below:

1-INTREN Crew

2-Marengo Park District Superintendent Joe Vallez, INTREN's Matt Turk, Mike Miller, Marengo Mayor John Koziol 











Business Development Manager Lloyd Gillespie represented INTREN in Washington D.C. from May 15-18th
to  speak with Illinois representatives in Congress concerning the Clean Water/Safe Drinking Water State Revolving Fund.

This is of great importance to INTREN because Lance Rosenmayer of INTREN is on the Board of Directors of the Underground Contractors Association of Illinois, which is connected to the Clean Water Construction Coalition (CWCC). This coalition supports the highest possible funding levels for the Clean Water/Safe Drinking Water state revolving fund in the annual appropriations process for the budget.

The CWCC was created in 2006 by many large construction associations that wished to promote federal legislation which would improve national water and wastewater infrastructure.

Lloyd and the Coalition spoke with Illinois House and Senate members about how they can help make sure Illinois has enough funding to provide clean water while deciding the budget. Congress has yet to vote on this issue. Some of the Congress members and/or their aides Lloyd was able to meet were Congressman Randy Hultgren from Marengo, Joe Bushong for Senator Durbin, Mark Copeland for Senator Duckworth, Miles Chiotti for Congressman R. Davis, Max Frankel for Congressman Quigley, JT Mackey for Congressman Kinzinger, and Ashley Antoskiewicz for Congressman LaHood.

Lloyd indicates recent water disasters as the motivation for the CWCC’s campaign for clean water. “Our failure to maintain and improve our water infrastructure has real and dangerous outcomes, like the ongoing lead crisis in Flint, Michigan. It’s critical that we as individual citizens and organizations reach out to our leaders in Washington to remind them that we don’t want another crisis in
 Illinois, and their support for triple funding is needed for clean water.” 

Earlier this month INTREN welcomed a new Director of Fleet Services, Brian Davis! Brian is excited to be a part of INTREN and he is looking forward to exploring his new role and is ready for all the challenges it may bring.

Previously, Brian worked at Dunnet Bay Construction as a Fleet Manager and before he started his career in construction contracting, he managed multiple auto clinics. Brian started at INTREN on May 22nd and already feels at home because he says INTREN “feels like a family”. Brian hopes that everybody who interacts with Fleet Services has a positive experience and is determined to further enhance the overall efficiency of INTREN’s Fleet Services.

Brian lives in Oswego, Illinois with his wife and three children, and enjoys traveling.

Welcome to the family, Brian!

JPS Executive, Kelly Tomblin, Named CEO



UNION, IL (May 15, 2017) – INTREN announced that Loretta Rosenmayer, founder and CEO, will become Chairwoman of the Board of INTREN and a new CEO will take the reins on daily leadership. Founding the company in 1988, Rosenmayer has continued to lead a steady course to what has become one of the nation’s leading utility contractors.

Kelly Tomblin, President and Chief Executive Officer at Jamaica Public Service Company Ltd., will become the new CEO of INTREN effective July 10, 2017.

“This evolution comes at an extraordinary time for INTREN”, said Rosenmayer. “Our momentum is strong, and our management team and employees have built an exceptional company that is one of the most trusted and respected in the industry. I’m confident Kelly is ideally positioned for her new role to continue our growth.”

Tomblin was chosen in a competitive selection process from a strong field of candidates. She is a highly impressive and respected executive known for her ability to build diverse, meaningful cultures in a collaborative leadership style. As a recipient of the prestigious 2016 Platt’s Global Energy CEO of the Year award, Kelly topped an impressive list of finalists leading companies in the United States and around the world.

No stranger to the industry, Tomblin brings more than 25 years in the energy industry with experience in both competitive- and vertically-integrated markets throughout the United States, U.K. and Latin America. At the helm of Jamaica Public Service Company since 2012, Tomblin was responsible for introducing several groundbreaking initiatives and developments to the organization. She successfully guided the energy company through a profound transformation and united her employees on one vision: “to lead an energy revolution for the growth and prosperity of every Jamaican”.

“INTREN would not be what it is today without Loretta’s vision, leadership and unwavering commitment to high standards and values,” said Tomblin. “I am honored to lead the INTREN team and continue the progress evolving before me.”

About INTREN:

For more than 25 years, INTREN has been an innovative solution partner, dedicated to building and maintaining the infrastructure of the energy industry. The company’s culture of stewardship guides INTREN to care for others’ priorities as if they were their own. Through an unwavering commitment to safety, integrity, customer focus and employee empowerment, the company has succeeded in offering turnkey services to a long list of satisfied clients. As an industry leader, INTREN is proud to serve many of the nation’s foremost utility companies, private contractors and developers, and municipalities and cooperatives. For more about INTREN, visit INTREN.com.

Laticia Holbert has been hired as Training & Employee Development Manager, a new position to facilitate career development and training strategies throughout INTREN. Holbert’s new role was effective April 17, and she will be reporting to Dale Damon. Her primary focus will be coordinating with various departments throughout the organization to help create, design, develop, implement and facilitate career development and training strategies. This position will specifically focus on career development and training for office personnel but will also support leadership-related training throughout the organization.

Holbert brings more than 15 years of experience in education, training and development. INTREN’s relationship with Holbert formed four years ago with her role as Program Lead for the CONSTRUCT Program. Additionally, she is an adjunct faculty member for University of Phoenix, Colorado Technical University and Ashford University.

Holbert is a graduate from the University of Illinois at Urbana-Champaign with a BA in Economics and concentration in Business and Computer Science Engineering. She has a Master’s Degree in Business Administration with a concentration in Project Management from Keller Graduate School of Management. Holbert is a highly skilled professional with substantial experience in the implementation, process development and administration of education programs.