SPL Inc. Acquires Lab & Measurement Business of Banded Iron US Inc.
November 21, 2019
SPL Inc., a Houston-based testing, inspection and certification (TIC) platform backed by Industrial Growth Partners, acquired the laboratory and measurement services business of Banded Iron US Inc. The add-on expands SPL's lab footprint and measurement capabilities across key U.S. energy markets (including Wyoming, New Mexico, Colorado and North Dakota) and adds new testing technology such as flash liberation testing.
- Buyers
- SPL Inc., Industrial Growth Partners
- Targets
- Banded Iron US Inc. (laboratory & measurement services business)
- Sellers
- Banded Iron US Inc.
- Platforms
- SPL Inc.
- Industry
- Energy
- Location
- Louisiana, United States
- Transaction Type
- Addon
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