Kelvin Group (Southfield Capital-backed) Acquires Advanced Examination Services (AES-NDT)
December 5, 2023
Kelvin Group, backed by Southfield Capital, has acquired Advanced Examination Services (AES-NDT), a Torrance, California-based provider of non-destructive testing (NDT) services for the petroleum, chemical and agricultural industries. The deal is Kelvin Group’s ninth acquisition since partnering with Southfield; Deerpath Capital Management provided debt financing and G2 Capital Advisors served as buy-side advisor.
- Buyers
- Kelvin Group, Southfield Capital
- Targets
- Advanced Examination Services (AES-NDT)
- Sellers
- Adam Shideler (Owner)
- Platforms
- Kelvin Group
- Industry
- Industrial Services
- Location
- California, United States
- Transaction Type
- Addon
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