HPC Consultants Instrumental, Inc. announced today that its board of directors unanimously approved a buyout merger. Following the transaction, Instrumental, Inc. will be owned by Henry Newman, Bill Zwicky, Spence Morley and John Bergstrom — current officers, directors and stockholders of the company.
This merger agreement is, in effect, a management buyout by the individuals who founded Instrumental,” said Newman. “The company has a stellar reputation in the industry and we have a very solid and growing project base. As an owner-managed company, this will allow Instrumental to serve its customers even better.”
We at insideHPC would like to congratulate Henry, Bill and the rest of the new owners. Happy Holidays, guys!