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Versa Integrity Group Acquires Maintenance and Turnaround Resources
Friday 09 November 2018

9 November 2018 - US-based non-destructive testing specialist Versa Integrity Group, Inc. has closed a transaction to acquire the assets of Maintenance and Turnaround Resources, LLC, the company said.

MTR specialises in asset integrity management and non-destructive testing provided to customers in the oil and gas industry. The company has over 30 technicians with offices in Hondo, Texas, Tioga, North Dakota, Longmont, Colorado, and Newcastle, Wyoming.

The assets of MTR form Versa Integrity Group of Mountain West, Inc., furthering Versa's geographical footprint and service offerings to customers around the country.

Versa Integrity Group, a portfolio company of Dorilton Capital Advisors, is a non-destructive testing, rope access, heat treatment and advanced services provider.

The company's team is made up of over 900 engineers, API inspectors, rope access climbers, and NDE technicians. They have nineteen offices primarily throughout the gulf region and are headquartered in Sulphur, LA.

Dorilton Capital Advisors is a family equity office that provides long term, patient capital to lower middle market companies across a range of industries.
Details
Date Published: 09/11/2018
Target: Maintenance and Turnaround Resources
Country: USA
Sector: Machinery/Engineering
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Versa Integrity Group, Inc
Comment:
Terms of the deal were not disclosed

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