M&A Deal Summary

Premium Inspection & Testing Acquires LandBros Aerial

On October 19, 2017, Premium Inspection & Testing acquired business services company LandBros Aerial

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

M&A Deal Summary

Date 2017-10-19
Target LandBros Aerial
Sector Business Services
Buyer(s) Premium Inspection & Testing
Deal Type Add-on Acquisition

Target

LandBros Aerial

Baton Rouge, Louisiana, United States
LandBros Aerial provides a variety of FAA approved drone-based services to the commercial and industrial sectors. LandBros Aerial was founded in 2014 and was based in Baton Rouge, Louisiana.

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Buyer(S) 1

Buyer

Premium Inspection & Testing

Baton Rouge, Louisiana, United States

Category Company
Sector Test/Measurement Equipment
DESCRIPTION

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.


DEAL STATS #
Overall 3 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 4
State: Louisiana M&A 2 of 2
Country: United States M&A 3 of 4
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-26 Capitol Ultrasonics

Baton Rouge, Louisiana, United States

Capitol Ultrasonics LLC provides a full range of conventional and advanced NDT/NDE services as well as visual inspection and support services across a variety of industries including Petrochemical and Refinery, Mid-Stream Oil & Gas, and Manufacturing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-21 Quality Testing Services

Linden, New Jersey, United States

Quality Testing Services, Inc. is a nondestructive inspection, and a consultant company provides 3,000 square feet of floor space. Quality Testing Services, Inc. was established in 1980 with the concept of creating a nondestructive inspection firm that provides "Quality" work at fair prices.

Buy -