Odyssey Investment Partners completed the acquisition of Applied Technical Services.

Private equity firm Odyssey Investment Partners completed the acquisition of Applied Technical Services, a provider of high-quality testing, inspection, and calibration services. Financial terms were not disclosed. "We are excited to partner with ATS, which is primed to accelerate its decades-long track record of growth given its strong value proposition and robust diversification across customers, geographies, and end markets. The company has built considerable momentum driven by investments in infrastructure and talent, deep customer relationships, and an ingrained entrepreneurial culture. ATS has significant runway to continue its organic expansion and accelerate strategic acquisitions by capitalizing on its proven M&A capabilities in the fragmented markets it serves. We look forward to our partnership with Jim, his outstanding management team, and all of ATS's talented professionals," Jason Cowett, Odyssey Managing Principal.