M&A Deal Summary

Avantech Testing Services Acquires Lone Star Inspection Services

On August 25, 2014, Avantech Testing Services acquired energy services and equipment company Lone Star Inspection Services

Acquisition Highlights
  • This is Avantech Testing Services’ 2nd transaction in the Energy Services and Equipment sector.
  • This is Avantech Testing Services’ 2nd transaction in the United States.
  • This is Avantech Testing Services’ 2nd transaction in Texas.

M&A Deal Summary

Date 2014-08-25
Target Lone Star Inspection Services
Sector Energy Services and Equipment
Buyer(s) Avantech Testing Services
Deal Type Add-on Acquisition

Target

Lone Star Inspection Services

Odessa, Texas, United States
Lone Star Inspection Services, Inc. is a provider of non-destructive testing ("NDT") services to the oil and gas industry. Lone Star is a drill pipe and bottom-hole assembly inspection service provider specializing in high stress areas including connections, slip areas, upset areas, weld areas, radius changes and tubes.

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Buyer(S) 1

Buyer

Avantech Testing Services

Linden, Texas, United States

Category Company
Founded 2012
Sector Test/Measurement Equipment
DESCRIPTION

Avantech Testing Services is a provider of non-destructive testing (NDT) services and equipment. The Company is pursuing a buy-and-build strategy to develop a leading, diversified NDT and inspection services provider to the energy, infrastructure, transportation, and aerospace industries. Avantech Testing Services was founded in 2012 and is based in Linden, Texas.


DEAL STATS #
Overall 2 of 2
Sector: Energy Services and Equipment M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-01 Reliant NDT

Linden, Texas, United States

Reliant NDT is a full service nondestructive testing provider offering NDT equipment manufacturing, inspection, and consulting services. Reliant NDT provides non-destructive testing services for the tubular goods industry, steel plate and billet manufacturers, the aerospace industry and more. Reliant NDT is a Manufacturer of Nondestructive Testing Equipment. Specializing in Ultrasonic and Magnetic Particle Testing Systems.

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