MISTRAS Group to acquire New Century Software.

MISTRAS Group, a leading, “one source” global provider of technology-enabled asset protection solutions, agreed to acquire New Century Software, a leading provider of pipeline integrity management software and services to energy transportation companies. Financial terms were not disclosed. “We’re excited to add the New Century team and their unique and advanced solutions to our pipeline integrity portfolio, which we’ve identified as one of the pillars of our growth strategy,” said Dennis Bertolotti, MISTRAS Group President and Chief Executive Officer. “With this acquisition, we’re streamlining our customers’ paths towards safe operations and regulatory compliance, by providing integrated services, inspection equipment, and software from beginning to end of the midstream value chain.”