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Compass Group partners with EPIC Systems on new corporation

EPIC Systems teamed up with an investor group led by St. Louis-based private equity firm Compass Group Equity Partners to form a new corporation.

Registered as EPIC Systems Group, the business will continue to be led by John Schott as president, and he will keep an ownership stake. EPIC's executive team will remain intact.

St. Louis-based EPIC Systems specializes in process engineering, industrial automation engineering and fabrication.