Apave Group Acquires IRISNDT from First Reserve
October 23, 2024
Apave Group has acquired IRISNDT, a non-destructive testing (NDT), inspection and asset integrity engineering services provider, from private equity owner First Reserve. Financial terms were not disclosed; the acquisition expands Apave's global footprint and capabilities across North America, the United Kingdom and Australia while positioning IRISNDT to continue its growth trajectory.
- Buyers
- Apave Group
- Targets
- IRISNDT
- Sellers
- First Reserve
- Industry
- Industrial Services
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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