IRISNDT Inspection & Engineering Services - M&A Summary, Ownership, and Business Overview

EngineeringCompany

IRISNDT Inspection & Engineering Services M&A Summary

IRISNDT Inspection & Engineering Services has acquired 2 companies of its own, including 2 in the last 5 years.

IRISNDT Inspection & Engineering Services has acquired in 1 US state, and 2 countries. The Company’s most targeted sectors include business services (50%) and test/measurement equipment (50%).

IRISNDT Inspection & Engineering Services Ownership

Who owns IRISNDT Inspection & Engineering Services?

IRISNDT Inspection & Engineering Services is owned by Apave Group. It was acquired on October 23, 2024.

Was IRISNDT Inspection & Engineering Services formerly PE-backed?

Yes. IRISNDT Inspection & Engineering Services was formerly owned by 1 private investor.

IRISNDT Inspection & Engineering Services Business Overview

Where is IRISNDT Inspection & Engineering Services headquartered?

IRISNDT Inspection & Engineering Services is headquartered in Edmonton, Alberta.

What sector is IRISNDT Inspection & Engineering Services in?

IRISNDT Inspection & Engineering Services is an engineering company.

When was IRISNDT Inspection & Engineering Services founded?

IRISNDT Inspection & Engineering Services was founded in 1953.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 1

IRISNDT Inspection & Engineering Services

IRISNDT Corp.

5311-86th Street,
Edmonton, Alberta T6E 5T8
Canada,
(800) 588-1225
www.irisndt.com

IRISNDT Inspection & Engineering Services provides advanced and general non-destructive testing (NDT), inspection, engineering, heat treatment, rope access, and specialized software solutions to the refining, petrochemical, chemical, power generation, pipeline, and industrial markets. IRISNDT Inspection & Engineering Services was founded in 1953 and is based in Edmonton, Alberta.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.4/yr) # - - 1 1 - - 2
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
James Fisher NDT Ltd. 2022-01-05 - Divestiture
Cumbria, United Kingdom · www.jfndt.co.uk
Altura Wind Services LLC 2021-06-29 - Add-on Acquisition
Sweetwater, Texas · www.alturawind.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 1 (50%) - - -
Test/Measurement Equipment 1 (50%) - - -
Total 2 - - -

By Geo

State/Country Buy Value Sell Value
United Kingdom 1 - - -
United States 1 - - -
  Texas 1 - - -
Domestic - - - -
Cross-border 2 (100%) - - -
Total 2 - - -

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Engineering

Established

1953

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