M&A Deal Summary

Acuren Acquires Versa Integrity Group

On November 1, 2022, Acuren acquired business services company Versa Integrity Group from Dorilton Capital

Acquisition Highlights
  • This is Acuren’s 1st transaction in the Business Services sector.
  • This is Acuren’s 3rd transaction in the United States.
  • This is Acuren’s 2nd transaction in Louisiana.

M&A Deal Summary

Date 2022-11-01
Target Versa Integrity Group
Sector Business Services
Buyer(s) Acuren
Sellers(s) Dorilton Capital
Deal Type Add-on Acquisition

Target

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.

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Buyer(S) 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 STATS #
Overall 3 of 4
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 4
State (Louisiana) 2 of 2
Country (United States) 3 of 4
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 Premium Inspection & Testing

Baton Rouge, Louisiana, United States

Premium Inspection & Testing is a premier provider of non-destructive testing and inspection services to midstream oil and gas companies as well as customers in the nuclear, civil infrastructure, and defense industries. Premium Inspection & Testing is based in Baton Rouge, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-20 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.

Buy -

Seller(S) 1

SELLER
DESCRIPTION

Dorilton Capital is a family-backed private investment firm focused on control investments in small to medium sized businesses across a range of industry sectors. Dorilton seeks to partner with incumbent management in order to create value and targets growth-oriented companies with $4 to $25 million of EBITDA and located in North or South America. Dorilton Capital was established in 2009 and is based in New York City.


DEAL STATS #
Overall 2 of 5
Sector (Business Services) 2 of 4
Type (Add-on Acquisition) 2 of 4
State (Louisiana) 2 of 2
Country (United States) 2 of 5
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-20 Midwest Cooling Tower Services

Krotz Springs, Louisiana, United States

Midwest Cooling Tower Services is a provider of cooling tower maintenance and services to oil refineries and industrial plants, including upgrades, repairs, emergency work, basin cleaning, inspections, and the provision of mobile cooling units to allow a plant to continue operating during repairs. Midwest Cooling Tower Services was founded in 1984 and is based in Krotz Springs, Louisiana.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-07 Blue Wolf Performance Solutions

Hingham, Massachusetts, United States

Blue Wolf Performance Solutions provides industrial cleaning services to a national market of power generation, petrochemical, food & beverage, public facility, data centers, and a variety of other end markets. Blue Wolf Performance Solutions was founded in 2021 and is based in Hingham, Massachusetts.

Sell -