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BRIEF-Matrix Service acquires Houston Interests LLC
December 13, 2016 / 9:23 PM / in 10 months

BRIEF-Matrix Service acquires Houston Interests LLC

Dec 13 (Reuters) - Matrix Service Co :

* Matrix Service Co - deal for $46 million

* Matrix Service Co- Matrix anticipates transaction will be modestly accretive to earnings in balance of this fiscal year

* Matrix Service Co- company exercised an expansion feature in its credit facility which increased borrowing capacity from $200 million to $250 million

* Matrix Service Co- Tulsa operations of both companies will be combined into one facility

* Matrix Service Co -effective immediately, Houston Interests’ nearly 250 employees, will operate as matrix pdm engineering

* Matrix Service Co acquires Houston Interests Llc expanding process design, engineering and construction services expertise Source text for Eikon: Further company coverage:

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