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New Deal


Announced

Completed

J.F. Lehman & Company-backed Integrated Global Services completed the acquisition of Tube Tech.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Private

United Kingdom

Environmental / Waste Management

Acquisition

Friendly

Completed

Private Equity

industrial cleaning company

Single Bidder

Synopsis

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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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