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New Deal


Announced

Completed

Sentinel Capital completed the acquisition of SPL.

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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TIC services

Completed

Majority

Private Equity

Friendly

Domestic

Single Bidder

Acquisition

Integrated Oil and Gas

United States

Private

Synopsis

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Sentinel Capital, a private equity firm, completed the acquisition of SPL, a testing, inspection, and certification service provider. Financial terms were not disclosed. "SPL's advanced capabilities, deep expertise, best-in-class technology, and long-term relationships make the company a trusted partner to a diverse network of energy-related asset owners, operators, and customers. SPL's senior leadership team, with nearly 200 years of combined experience, has driven an impressive organic growth plan, including completion of five acquisitions since 2017," Scott Perry, Sentinel Partner.

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