SPL Inc. Acquires Lab & Measurement Business of Banded Iron US Inc.

SPL (IGP Portfolio Company) Merges with Atchafalaya Measurement, Inc.

January 1, 2019

Oil & Gas

SPL, a portfolio company of Industrial Growth Partners (IGP), has merged with Atchafalaya Measurement, Inc. (AMI) to combine field measurement, meter equipment installation, instrumentation/automation and hydrocarbon laboratory analysis. The combination expands SPL's geographic footprint across major U.S. oil and gas plays, enables service-line cross-selling, and integrates AMI's recurring measurement capabilities into SPL's data analytics platform; AMI President Nick Trahan will continue in his role.

Sentinel Capital Partners Acquires SPL from Industrial Growth Partners

April 8, 2022

Industrial Services

Sentinel Capital Partners has acquired SPL, a Houston-based testing, inspection, and certification (TIC) services provider for energy and environmental markets, in a transaction that closed April 7–8, 2022. The acquisition purchases SPL from Industrial Growth Partners (with management having been a prior co-investor) and positions SPL as a platform to accelerate organic growth and add-on acquisitions across energy, environmental, and international end markets.

SPL Acquires Ana-Lab Corporation

April 5, 2023

Environmental Services

SPL, a Sentinel Capital Partners‑backed testing, inspection and certification (TIC) provider headquartered in The Woodlands, Texas, has acquired Ana-Lab Corporation, an environmental laboratory testing company. The deal adds nine locations (including a Kilgore technology center and an Austin service center), expands SPL's environmental testing capabilities (including PFAS analysis under EPA UCMR5) and brings additional trained technicians to SPL's national footprint.

SPL, Inc. (IGP Portfolio Company) Acquires AFS (Assured Flow Solutions)

September 27, 2021

Energy

SPL, Inc., a Houston-based testing, inspection and certification (TIC) platform backed by Industrial Growth Partners, has acquired AFS (Assured Flow Solutions). The add-on expands SPL’s laboratory testing, software and tech-enabled consulting capabilities — particularly in flow assurance, asset integrity and ESG — and broadens its footprint in Houston, Denver, Europe and Asia-Pacific.

SPL, Inc. Acquires Oxidor Laboratories

January 4, 2022

Environmental Services

SPL, Inc., a Houston-based testing, inspection, and certification (TIC) company and portfolio company of Industrial Growth Partners, has acquired Oxidor Laboratories to expand its environmental testing capabilities. The acquisition adds wastewater and chemical analysis services (including over 300 test types) and broadens SPL's ability to serve industrial, municipal, and governmental clients.

SPL Inc. Acquires Volumetrics

September 11, 2023

Industrial Services

SPL Inc., a Sentinel Capital Partners–backed provider of testing, inspection and calibration services, has acquired Volumetrics, a specialist in flow meter verification and fiscal loss mitigation. The deal expands SPL’s mobile flow laboratory footprint across North Dakota, Wyoming, Colorado, Texas and New Mexico and adds metrology and data capabilities to its Metrology Division.