Add-on Acquisition • Business Services

American Testing and Inspection Services Acquires VEIS

On November 13, 2024, American Testing and Inspection Services acquired business services company VEIS

Acquisition Context
  • This is American Testing and Inspection Services’ 7th transaction in the Business Services sector.
  • This is American Testing and Inspection Services’ 7th transaction in the United States.
  • This is American Testing and Inspection Services’ 1st transaction in Vermont.

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M&A Deal Summary

Date November 13, 2024
Target VEIS
Sector Business Services
Buyer(s) American Testing and Inspection Services
Deal Type Add-on Acquisition

Target Company

VEIS

Vermont, United States
VEIS is a provider of elevator inspection services in Vermont with a strong reputation for reliability and regulatory expertise.
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Buyer Overview 1

Buyer

American Testing and Inspection Services

Creve Coeur, Missouri, United States

Category Company
Founded 2013
Sector Business Services
DESCRIPTION

American Testing and Inspection Services is an elevator inspection company that provides third-party safety inspection and test witnessing services for elevators, escalators, moving walks, and other conveyances. American Testing and Inspection Services was founded in 2013 and is based in Creve Coeur, Missouri.


Deal Context for Buyer #
Overall 7 of 10
Sector: Business Services 7 of 10
Type: Add-on Acquisition 5 of 8
State: Vermont 1 of 1
Country: United States 7 of 10
Year: 2024 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-12 Arundel

Millersville, Maryland, United States

Arundel offers full-service vertical transportation inspection and consulting services, with a primary focus on AHJ-mandated safety inspections, modernization design and pre-design services, project management/administration, maintenance management, and maintenance audits. Arundel was formed in 2009 and is based in Millersville, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-15 TIA USA

Las Vegas, Nevada, United States

TIA USA is a provider of comprehensive inspections, consulting, and maintenance management services for vertical transportation systems. TIA USA is based in Las Vegas, Nevada.

Buy -