Hudspeth & Associates is the newest ASRC Industrial Services Company
Arctic Slope Regional Corporation (“ASRC”) is pleased to announce the acquisition of Hudspeth & Associates (“Hudspeth”) by our wholly-owned subsidiary ASRC Industrial Services, LLC (“AIS”).
Headquartered in Englewood, Colorado, with a satellite office in Rifle, Colorado, Hudspeth provides environmental remediation, demolition, dismantlement and civil site services throughout the Rocky Mountain region. Hudspeth serves a diverse customer portfolio made up of industrial and commercial enterprises, state and local governments, as well as federal agencies. Since the company’s founding in 1998, Hudspeth has differentiated itself from competitors via its relentless focus on safety and willingness to partner with customers to overcome complex challenges with unique, innovative solutions. Hudspeth becomes the second member of AIS’s Remediation and Response Services (“RRS”) operating group, following the February 2018 acquisition of Mavo Systems.
“Today’s announcement of the acquistion of Hudspeth is another exciting day in the pursuit of the AIS strategy that ASRC initiated in September 2016,” said Rex A. Rock Sr., president and CEO of ASRC. “On behalf of ASRC’s board of directors, I am pleased to welcome the management team and talented employees of Hudspeth to the ASRC family of companies. I am confident the addition of Hudspeth to the AIS platform will contribute to deliverining durable, enduring benefits to ASRC shareholders.”
“The addition of Hudspeth to AIS’s RRS operating group is a reflection of ASRC’s relentless pursuit of the AIS vision to build an enduring, customer-centric, value-added service provider focused on the industrial market complex,” said Greg Johnson, president and CEO of AIS. “I look forward to working with the team at Hudspeth to build on the company’s well-earned reputation as a value-added service provider, and in the process, bring additional services to existing and new customers, while also providing additional development opportunities for the talented workforce of the company.”
“When I decided it was time to turn Hudspeth over to a new owner, my biggest concerns were the impact on Hudspeth’s employees and customers,” added Rob Levitt, president of Hudspeth. “After getting to know the AIS team and learning about ASRC’s commitment to the industrial services market, I quickly recognized AIS was the right long-term home for Hudspeth.”
