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Synopsis
Black Bay Partners, a private equity firm specializing in growth capital investments in energy, industrial, and related sectors, completed an investment in Scope, a provider of AI-powered inspection technology for infrastructure and heavy industry. Financial terms were not disclosed. “Scope’s AI-powered inspection technology is transforming how heavy industries ensure operational integrity, mitigate risks, and optimize asset performance. With this new partnership, the Company is well-positioned to advance its product offerings, scale its presence, and extend its leadership in the global inspection market,” Tom Ambrose, Black Bay Partner.
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