Chamberlain Hrdlicka represented Velentium, LLC in its acquisition of Oasis Testing, L.L.C.

Habeeb (Hobbs) Gnaim, Practice Chair of the Tax Planning & Business Transactions Group, and assisted by David Pierson and Nathan Hopkins, represented Velentium, LLC in its acquisition of Oasis Testing, L.L.C.

Chamberlain Hrdlicka Houston-based team, led by Habeeb (Hobbs) Gnaim, Practice Chair of the Tax Planning & Business Transactions Group, and assisted by David Pierson and Nathan Hopkins, represented Velentium, LLC, a fast-growing medical device engineering firm based in Katy, Texas in its acquisition of Oasis Testing, LLC., a provider of automated test systems to the energy and manufacturing sectors.

Notwithstanding the challenges created by COVID-19, Velentium experienced growth during the pandemic.  The acquisition of Oasis Texas will extend Velentium's mechanical capabilities in systems testing and expand the company's reach into oil and gas services. Velentium was named the 30th-fastest-growing company in the Houston region on the Houston Business Journal's 2020 Fast 100 List, was named one of the HBJ's Best Places to Work in 2020 and was featured on the most recent Inc. 5000 list.