Add-on Acquisition • Test/Measurement Equipment

Acuren Acquires Alloyweld Inspection

On October 20, 2023, Acuren acquired test/measurement equipment company Alloyweld Inspection

Acquisition Context
  • This is Acuren’s 2nd transaction in the Test/Measurement Equipment sector.
  • This is Acuren’s 4th transaction in the United States.
  • This is Acuren’s 1st transaction in Illinois.

Explore All 809 Add-on Acquisition Test/Measurement Equipment Deals - Search the Database Free


M&A Deal Summary

Date October 20, 2023
Target Alloyweld Inspection
Sector Test/Measurement Equipment
Buyer(s) Acuren
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Alloyweld Inspection

Bensenville, Illinois, United States
Alloyweld Inspection provides non-destructive testing, welding, brazing, and metal finishing to critical industries. Alloyweld Inspection was founded in 1968 and is based in Bensenville, Illinois.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Acuren

Tomball, Texas, United States

Category Company
Founded 1974
Sector Test/Measurement Equipment
Employees5,100
DESCRIPTION

Acuren is a provider of non-destructive testing and related services to energy and industrial end markets in North America. Acuren serves over 8,000 individual customer sites through its 84 field offices in the United States, Canada, and the United Kingdom. Acuren was founded in 1974 and is based in Tomball, Texas.


Deal Context for Buyer #
Overall 4 of 4
Sector: Test/Measurement Equipment 2 of 2
Type: Add-on Acquisition 4 of 4
State: Illinois 1 of 1
Country: United States 4 of 4
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Versa Integrity Group

Lake Charles, Louisiana, United States

Versa Integrity Group offers a full range of inspection and maintenance repair services to industrial, refining and chemical plants, offshore oil platforms, and other industries including nondestructive evaluation (“NDE”) inspection, automated ultrasonic testing and high-end evaluation technologies such as a phased array, time of flight diffraction, and rope access. Versa Integrity Group is based in Lake Charles, Louisiana.

Buy -