Announced
Completed
Financials
Tags
Majority
Cross Border
Private
United Kingdom
Environmental / Waste Management
Acquisition
Friendly
Completed
Private Equity
industrial cleaning company
Single Bidder
Synopsis
J.F. Lehman & Company-backed Integrated Global Services, a provider of thermal spray and other surface protection solutions, completed the acquisition of Tube Tech, a cleaning and inspections solutions provider. Financial terms were not disclosed. "We are delighted to be part of IGS. This acquisition enables a sharing of people, products and services that will offer capability levels unique to the industry. The benefits and returns on investment for our customers are significant, from increased asset uptime and shorter turnarounds to enhanced reliability and seamless access to the most innovative and effective solutions on the market," Jon Camp, Tube Tech Managing Director.
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