M&A Deal Summary

Element Materials Technology Acquires ISS Inspection Services

On October 1, 2024, Element Materials Technology acquired test/measurement equipment company ISS Inspection Services from Industrial Service Solutions

Acquisition Highlights
  • This is Element Materials Technology’s 17th transaction in the Test/Measurement Equipment sector.
  • This is Element Materials Technology’s 22nd transaction in the United States.

M&A Deal Summary
Date 2024-10-01
Target ISS Inspection Services
Sector Test/Measurement Equipment
Buyer(s) Element Materials Technology
Sellers(s) Industrial Service Solutions
Deal Type Divestiture

Target

ISS Inspection Services

United States
ISS Inspection Services is a provider of non-destructive testing (NDT), inspection, and other special process services supporting the aerospace, space, energy and defense industries. ISS Inspection Services is comprised of four customer-facing brands: NIC Inspection Services, PTI Industries (both accredited by the Federal Aviation Administration), PRO Inspection Services and CTS Inspection Services.

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Buyer(S) 1

Buyer

Element Materials Technology

London, United Kingdom
Category Company
Founded 2011
Sector Test/Measurement Equipment
DESCRIPTION

Element Materials Technology is a provider of testing, inspection, and certification services for a diverse range of products, materials, and technologies in advanced industrial supply chains where failure in use is not an option. The company's scientists, engineers, and technologists, working in our global network of over 200 laboratories, support customers from early R&D, through complex regulatory approvals, and into production ensuring their products are safe and sustainable, and achieve market access. Element Materials Technology was formed in 2011 and is based in London.

DEAL STATS #
Overall 38 of 38
Sector (Test/Measurement Equipment) 17 of 17
Type (Divestiture) 7 of 7
Country (United States) 22 of 22
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-07 Warringtonfire

Warringtonfire, Australia

Warringtonfire is a fire testing and fire safety engineering consulting firm.

Sell -

Seller(S) 1

SELLER

Industrial Service Solutions

Houston, Texas, United States
Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Industrial Service Solutions is a provider of industrial field services, repair, and refurbishment of equipment found in most industrial and manufacturing facilities in North America. Industrial Service Solutions was founded in 2007 and is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Test/Measurement Equipment) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-09 Electric Motor Technologies

Cincinnati, Ohio, United States

Electric Motor Technologies is an electromechanical service provider supporting industrial and commercial operations. Electric Motor Technologies is based in Cincinnati, Ohio.

Buy -
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