[Context: On November 5, Dorilton Capital Advisors-backed Versa Integrity Group announced the acquisition of Maintenance & Turnaround Resources. Further details and related links are below.]
Versa Integrity Group Acquires Maintenance & Turnaround Resources
SULPHUR, La., Nov. 5, 2018 /PRNewswire/ — Versa Integrity Group, Inc. (“Versa”), a leader in the non-destructive testing space, has closed a transaction to acquire the assets of Maintenance & Turnaround Resources, LLC (“MTR”). MTR specializes in asset integrity management and non-destructive testing provided to customers in the oil and gas industry.
The company has over 30 technicians with offices in Hondo, TX, Tioga, ND, Longmont, CO, and Newcastle, WY. The assets of MTR form Versa Integrity Group of Mountain West, Inc., furthering Versa’s geographical footprint and service offerings to customers around the country.
“MTR comes to us with a ton of experience, a ton of resources, and a great team – together we are bigger, better, and can bring more services to more clients. We are very excited about welcoming them to the Versa family,” said Clay Savoy, Chief Executive Officer of Versa.
About Versa Integrity Group
Versa Integrity Group, Inc., a portfolio company of Dorilton Capital Advisors, is a leading non-destructive testing, rope access, heat treatment and advanced services provider. The company’s team is made up of over 900 engineers, API inspectors, rope access climbers, and NDE technicians. They have nineteen offices primarily throughout the gulf region and are headquartered in Sulphur, LA.
About Dorilton Capital Advisors
Dorilton Capital Advisors (“Dorilton”) is a family equity office that provides long term, patient capital to lower middle market companies across a variety of industries. As a partner, Dorilton works with entrepreneurs on growth while preserving the legacy and culture of their companies.