May 19, 2022
HOUSTON, TX (May 19, 2022 )– Gilbert & Pardue, LLC (“GaP”) acted as exclusive advisor to Precision NDT of Carlsbad, NM in its sale to Arcapita Investment Management US, Inc. of Atlanta, GA. The transaction closed on January 27, 2022.
Precision NDT offer vast expertise in asset integrity testing along with cutting-edge technology geared toward niche markets. Specifically, proprietary technology allows inspection services in hard-to-reach areas which eliminates the need for rope access and scaffolding, reducing safety risks, costs, and significantly increasing productivity. Precision NDT works in various industries including oil and gas facilities, railways, bridges, wind turbines, and aerospace.
Arcapita Investment Management is a global investment firm focused on middle-market private equity and real estate transactions. They invest in established companies with proven, dedicated management teams, superior product or service offerings, and a demonstrated potential to outpace industry growth. assets in an efficient and cost-effective manner.
Matt Gilbert, Founding Partner of GaP shared “I couldn’t be happier with the union between a great operator with enormous potential and a world class institutional capital team. This is a big deal for PNDT’s employees and customers as the blending of Arcapita’s track record for growing powerhouse businesses combined with PNDT’s disruptive, technology focused culture will change the asset integrity inspection business in a profound way.”
ABOUT THE COMPANIES
Although known for their advanced NDT/NDE services, Precision’s team provides inspection services that can service a variety of integrity challenges. From traditional and advanced NDT and NDE services to Rope Access Inspection, they help maintain the safety of their clients’ assets in an efficient and cost-effective manner. Precision’s expert team brings a wealth of knowledge and experience in inspection services across all industries. Providing exceptional service is a shared passion by everyone at Precision.
Arcapita Investment Management US Inc.
This is the North American arm of an international company headquartered in Manama, Bahrain with offices in the USA, England, and Singapore. With over two decades of expertise in real estate and private equity, Arcapita offers a unique and principled perspective when pursuing opportunities globally. Their approach to business is founded on their core values: pioneering, honorable, responsive, and committed. They are disciplined investors focused on delivering superior returns to their investors and other stakeholders.
GaP Transaction Advisors
Gilbert & Pardue Transaction Advisors (GaP) is a Houston-based business advisory firm serving lower middle market business owners from coast to coast through sell-side representation for Mergers & Acquisitions (M&A).
Matt Gilbert and Bret Pardue established GaP to provide owners of businesses generally enjoying annual revenue of $10-$80 million with the quality of M&A representation and value-enhancement services previously only available to upper middle and large businesses. GaP brings highly-experienced executives, sophisticated financial and marketing products, proven-effective processes, and fully-integrated expertise to every engagement.
For more information, contact:
GaP Transaction Advisors
Matt Gilbert, Founding Partner
Bret Pardue, Founding Partner