Divestiture • Business Services

USIC Acquires Heath Consultants - Gas Locating Business

On June 12, 2025, USIC acquired business services company Heath Consultants - Gas Locating Business from Heath Consultants

Acquisition Context
  • This is USIC’s 2nd transaction in the Business Services sector.
  • This is USIC’s 4th transaction in the United States.
  • This is USIC’s 1st transaction in Texas.

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M&A Deal Summary

Date June 12, 2025
Target Heath Consultants - Gas Locating Business
Sector Business Services
Buyer(s) USIC
Sellers(s) Heath Consultants
Deal Type Divestiture

Target Company

Heath Consultants - Gas Locating Business

Houston, Texas, United States
Heath Consultants' Gas Locating Business provides utilities with advanced gas locating services. Heath Consultants' Gas Locating Business is based in Houston, Texas.
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Buyer Overview 1

Buyer

USIC

Indianapolis, Indiana, United States

Category Company
Founded 1978
Sector Utilities
Employees7,500
DESCRIPTION

USIC is a provider of regulatory-driven safety and utility inspection services to a national customer base across the infrastructure end-markets. USIC was founded in 1978 and is based in Indianapolis, Indiana.


Deal Context for Buyer #
Overall 4 of 4
Sector: Business Services 2 of 2
Type: Divestiture 2 of 2
State: Texas 1 of 1
Country: United States 4 of 4
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-05 Utility Resource Group

Troy, Michigan, United States

Utility Resource Group is a full-service utility contractor, providing a variety of infrastructure service solutions to utilities and municipalities. URG specializes in Underground utility locating, Natural gas leak detection surveying, Utility construction, and maintenance, Cross bore & sewer lateral inspections, and Meter Services. Utility Resource Group was founded in 2007 and is based in Troy, Michigan.

Buy -

Seller Profile 1

SELLER

Heath Consultants

Houston, Texas, United States

Category Company
Founded 1933
Sector Business Services
Employees1,800
DESCRIPTION

Heath Consultants is a provider of utility protection and damage prevention. Heath partners with well-recognized research and development organizations and industry trade associations to provide state-of-the-art products and services to various utility markets, including products specifically designed to detect natural gas (methane) leaks as a greenhouse gas (GHG) emission and services for environmental and public safety. Heath Consultants was founded in 1933 and is based in Houston, Texas.


Deal Context for Seller #
Overall 2 of 2
Sector: Business Services 1 of 1
Type: Divestiture 2 of 2
State: Texas 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-14 Norton Corrosion

Woodinville, Washington, United States

Norton Corrosion is a designer, manufacturer, and installs state-of-the-art cathodic protection systems and corrosion control products for nearly any application, including service to the Power Generation, Petrochemical, Marine, Defense, Wastewater, Manufacturing, Municipal, Transportation, Aviation, Structural and Agricultural industries. Norton also designs proprietary, state-of-the-art products for specialty applications. Norton Corrosion was founded in 1959 and is based in Woodinville, Washington.

Sell -