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Stock impact report

Atar Capital Sells Frontier Integrity Solutions After Successful 9-Year Partnership [Los Angeles Times (CA)]

Team, Inc. (TISI) 
Last team, inc. earnings: 3/12 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.teaminc.com
the culmination of a nine-year partnership that transformed FIS into a leading provider of pipeline inspection and integrity services for the midstream energy sector. The transaction structure ensures continuity of FIS's mission-critical services while positioning both Atar Capital and FIS for their next phases of growth. “This transition represents an exciting new chapter for Frontier Integrity Solutions,” said Keyth Pengal , chief executive of FIS, in a statement. “As we enter this next phase, we're committed to maintaining the integrity of North America's critical pipeline infrastructure.” Atar Capital founder and managing partner Cyrus Nikou also expressed confidence that FIS “will continue to thrive under management's ownership,” noting the work they have done over the past nine years to “protect the critical infrastructure powering” the U.S. Headquartered in Tulsa, Oklahoma, FIS serves major energy industry players with precision inspection services, detailed project track Show less Read more
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