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Highly-Reputed Provider of NDT Services in Southern United States – BN000045280

Southern US, US
1M-5M500K-2M Oil, Gas & Mining, Professional Services / Consultancy
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CLIENT CODE: BN000045280
REVENUE/TURNOVER: $3,355,000
EBITDA: $601,000
HEADQUARTERS: Southern United States
 
Interested? Contact Us
15123472000
alonso@benchmarkintl.com
Highly-Reputed Provider of NDT Services in Southern United States – BN000045280

Amy Alonso

interested in this opportunity?
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The company is a provider of Non-Destructive Testing (NDT) services for businesses in various industries throughout the Southern United States. The company performs various direct and indirect tests to ensure integrity and continued safe operations with minimal downtime and without damaging or the need for sampling of assets.

Key Aspects:

· Growing business with strong reputation as a swift and reliable NDT service provider
· Master service agreements (MSAs) in place with over a dozen clients for regular asset maintenance
· All work is performed in-house, ensuring consistent quality and performance speed
· Proprietary asset management software provides an edge in management of client equipment inspection cycles
· All work performed meets or exceeds American Society for Nondestructive Testing (ASNT) and American Petroleum Institute (API) standards of operation and project performance

Opportunities:

· Keeping more inventory on hand could insulate the company from price fluctuations
· New field technologies can maximize productions and decrease downtime for clients
· Geographic expansion to serve current client base’s operations in Northeastern U.S.
· Addition of radiography and x-ray services can attract new clients and increase existing service work
· Increased adoption of the company’s proprietary software suite can provide recurring SaaS revenues

Headquartered:

· Southern United States

Current Markets:

· The company provides NDT services to various businesses with
a focus in energy, industrial, and aerospace sectors. The
company has a presence throughout the Southern United States
with a focus in the Permian Basin.

Real Estate:

· The company operates from two facilities totaling roughly
28,000 square feet. Both facilities are leased from an affiliated
entity and may be included as part of a sale or for lease post
sale.

Shareholder Objectives:

· Two shareholders are seeking a more balanced lifestyle as well
as the ability to pursue other investment opportunities. Both are
open to entertaining various deal structures in order to facilitate
a transaction and willing to remain with the company for a
negotiable transition period if desired.

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