Add-on Acquisition • Business Services

Team Acquires Cooperheat-MQS

On November 11, 2004, Team acquired business services company Cooperheat-MQS

Acquisition Context
  • This is Team’s 3rd transaction in the Business Services sector.
  • This is Team’s 3rd transaction in the United States.
  • This is Team’s 2nd transaction in Texas.

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M&A Deal Summary

Date November 11, 2004
Target Cooperheat-MQS
Sector Business Services
Buyer(s) Team
Deal Type Add-on Acquisition

Target Company

Cooperheat-MQS

Houston, Texas, United States
Cooperheat-MQS, Inc. provides non-destructive testing inspection and field heat treating services throughout the United States
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Buyer Overview 1

Buyer

Team

Sugar Land, Texas, United States

Category Company
Founded 1973
Sector Energy Services and Equipment
Employees5,400
Revenue 852M USD (2024)
DESCRIPTION

Team is an industrial services company offering an array of specialized services related to the construction, maintenance, and monitoring of pressurized piping and associated systems. Team was founded in 1973 and is based in Sugar Land, Texas.


Deal Context for Buyer #
Overall 3 of 10
Sector: Business Services 3 of 6
Type: Add-on Acquisition 3 of 10
State: Texas 2 of 4
Country: United States 3 of 8
Year: 2004 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-15 Thermal Solutions

Littleton, Colorado, United States

Thermal Solutions, Inc. is a provider of heat treating services.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-07 AITEC

Oakville, Ontario, Canada

AITEC Inc. is a provider of inspection services to the oil and gas, pulp and paper, petro chemical, power generation, pipeline, automotive, aerospace, transportation, marine, and manufacturing industries.

Buy -