Acuren Acquires Alloyweld Inspection

Acuren Acquires Premium Inspection & Testing Group

November 19, 2021

Industrial Services

Acuren, a portfolio company of American Securities, has acquired Premium Inspection & Testing Group from Calvert Street. Premium, headquartered in Baton Rouge, Louisiana, provides nondestructive testing (NDT), inspection, rope access, drone/robotic and calibration services and will join Acuren's broader network to expand service capabilities and geographic coverage.

Admiral Acquisition Limited to Acquire Acuren from American Securities for $1.85 Billion

May 22, 2024

Industrial Services

Funds advised by American Securities LLC have agreed to sell ASP Acuren Holdings Inc. (Acuren), a leading North American provider of asset integrity, nondestructive testing and engineering lab services, to Admiral Acquisition Limited for $1.85 billion. The transaction, which values Acuren after ~4.5 years of American Securities ownership and multiple tuck-in acquisitions, is expected to close in early Q3 2024 and represents an exit/realization of investment for American Securities.

Acuren Corporation Acquires NV5 Global, Inc.

August 4, 2025

Engineering Services

Acuren Corporation completed its previously announced combination with NV5 Global, creating a market-leading North American provider of Testing, Inspection, Certification and Compliance (TICC) and engineering services. NV5 stockholders received $23.00 per share (composed of $10.00 cash and 1.1523 shares of Acuren common stock), the transaction implies an enterprise value of approximately $1.7 billion, and the combined business will operate with over $2 billion in revenue and more than 11,000 employees across 230+ locations.

HMT LLC Acquires Weld Spec, Inc.

March 3, 2023

Industrial Services

HMT LLC, a provider of above-ground storage tank solutions, has acquired Weld Spec, Inc., an industrial inspection and non-destructive testing services provider based in Lumberton, Texas. The acquisition expands HMT's inspection capabilities (including NDT, metallurgical lab testing, rope and drone services) and strengthens its service offering to pipeline, refining, petrochemical, wind energy and manufacturing customers.

Pinnacle X-Ray Solutions Acquires Willick Engineering

February 6, 2024

Manufacturing

Pinnacle X-Ray Solutions, a Duluth, Georgia-based manufacturer of X-Ray and CT systems, has acquired Willick Engineering Co., Inc., a Santa Fe Springs, California supplier of nondestructive testing (NDT) X-ray equipment and related services. The deal — supported by Pinnacle’s partner Altus Capital Partners — expands Pinnacle’s west coast presence, product/service offerings and NADCAP-certified inspection capacity; financial terms were not disclosed.

Altus Capital Partners Acquires Pinnacle X-Ray Solutions, LLC

November 2, 2022

Manufacturing

Altus Capital Partners, a U.S.-based private equity firm focused on middle-market manufacturing, has acquired Pinnacle X-Ray Solutions, LLC, a Suwanee, Georgia manufacturer of non-destructive testing (NDT) X-ray and CT systems and related inspection services. The acquisition is a new platform investment for Altus; Pinnacle's management will remain in place and financial terms were not disclosed.