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Versar, Inc. Acquires Geo-Marine, Inc.

Versar, Inc. (NYSE MKT: VSR) has acquired Geo-Marine, Inc., a business with more than $20 million in annual revenues. The purchase price was paid with a combination of cash and seller notes. Geo-Marine, headquartered in Plano, Texas, provides engineering design, construction management, environmental planning and programming, and other services in support of a wide range of government, industry, and commercial clients.






About VersarGMI

Geo-Marine provides A&E services nationwide With more than 40 years of corporate growth and success, VersarGMI provides engineering* design, construction management, environmental planning and programming, and other A-E services in support of a wide range of government, industry, and commercial clients. Current project locations range from Guam, Okinawa, and mainland Japan in the Pacific, to Scotland and the Mediterranean in Europe, as well as more than 30 U.S. states.

Senior Management Team

Will Dean, PEWill Dean, PMP

AFCEC/AIR FORCE PROGRAMS

Mr. Dean has more than 32 years of progressively responsible experience in project and program management, environmental management, construction management, public works and facilities management. He is an experienced manager of planning, design and construction projects involving multimillion-dollar facilities and infrastructure. His background is primarily focused in federal markets and includes master planning for community and housing development; beddown/relocation of military missions and industrial complexes; facilities renovations, restorations and maintenance; airfield/airport construction, maintenance, and renovation/upgrade; and environmental compliance, conservation, restoration and pollution prevention. Mr. Dean leads VersarGMI’s San Antonio, Texas based Program Management Office and is responsible for executing major Indefinite Delivery/Indefinite Delivery contracts and associated business development, client management, and project execution activities supporting GMI’s federal clients. Mr. Dean is a certified Project Management Professional. He holds a B.S. degree in civil engineering from Howard University and a M.S. degree in engineering management from the Air Force Institute of Technology.



Larry Kaminsky, PELarry V. Kaminsky

ENERGY ENGINEERING

Mr. Kaminsky is a registered professional engineer with more than 24 years of experience in the areas of project management and project engineering. Mr. Kaminsky is experienced in planning, engineering, analysis, design, construction administration, and commissioning of a diverse assortment of projects. These projects, in general, include energy conservation, cogeneration systems, boiler/heating plants, chilled water plants, heating, ventilation and air conditioning (HVAC) systems, industrial ventilation and exhaust systems, and compressed gas systems. He has obtained this broad range of experience with medical, institutional, industrial, private sector developmental, and governmental clients. Mr. Kaminsky hold a B.S. degree in mechanical engineering, University of Tennessee. In addition, he is a Certified Energy Manager and Building Energy Professional. In addition to being a registered engineer in Texas, he is registered in Tennessee and Colorado.



Chris KoehlerChris Koehler

BUSINESS DEVELOPMENT

Mr. Koehler joined VersarGMI in 2003 after a successful 20 year career in sales, sales management and marketing for both Fortune 100 corporations and start-up organizations. With direct responsibility for proposal development and marketing, as well as indirect oversight of sales, Mr. Koehler has help VersarGMI grow its core federal business both within its current client base and at new clients. Further, he has identified new opportunities and developed a more robust commercial client base in the emerging fields of alternative energies, oil and gas, and within the utility industry. Mr. Koehler holds a B.A. in psychology/sociology from the University of Denver.



Duane PeterDuane Peter

ENVIRONMENTAL SERVICES DIVISION

Mr. Peter joined VersarGMI in 1987 and has been instrumental in the growth and quality of service from the Cultural Resources Department. He is a principal investigator and professional archeologist with 30 years of experience in cultural resources management and all phases of archeological research throughout the Southeast, the Southwest, and the Midwest. This experience includes conducting all phases of archeological research; supervising historical research, oral histories, and architectural evaluations; supervising the Section 106 review process as defined by the National Historic Preservation Act, as amended; developing historic contexts for National Register nominations; developing cultural resources management plans; and contributing to numerous environmental assessments and environmental impact statements. Mr. Peter is known for his creative solutions to Section 106 compliance and his ability to guide competing interests toward a strategy that is acceptable to all interests. Mr. Peter has been the primary contributor to integrated cultural resources management plans for a number of Department of Defense installations. These management plans, which have been noted as clear, concise, and user-friendly, address the management needs for archeological resources, architectural resources, and Native American concerns. He holds a B.A. in history from Luther College; and an M.A. in anthropology from Southern Methodist University. He has done graduate work in anthropology at Iowa State University.


 


*Geo-Marine does not provide engineering, surveying, or GIS services in North Carolina. This work is subcontracted to properly licensed engineering or land surveying firms