Announced
Synopsis
SCF Partners, a leading private equity firm acquires Titan Group, a leading diversified engineering solutions firm. Financial terms were not disclosed. Titan Group consists of Wolfenson Electric, Testengeer Engineering, McGill Maintenance, Civil Mechanical, Tesla Testing, Skyline Technologies and Taurus Services. Together with SCF’s existing portfolio company, Hi-Tech Industrial Services, the group of companies will be organized under the umbrella of Taurus Industrial Group and will continue to market services to the refining, petrochemical and midstream industries under several of its legacy brands. “We are excited to partner with the Titan team. Their history and reputation are outstanding, and we look forward to working and growing together as we meet more of our customers’ needs from one industrial services platform.” Greg Reintjes, Hi-Tech CEO.
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