Kingswood Capital completed the acquisition of Covenant Testing Technologies.

Kingswood Capital, a private investment firm, completed the acquisition of Covenant Testing Technologies, a construction company that provides services such as flowback and well testing. Financial terms were not disclosed. "We are thrilled to partner with James Stewart again on this exciting opportunity. We have a longstanding relationship with James and believe his extensive relationships and deep industry experience, including his leadership at large service companies, such as Nextier, will drive significant profitable growth at Covenant. Doug Scott's operational expertise will optimize efficiencies and quality across Covenant's operations," Alex Wolf, Kingswood Managing Partner.