Strategic Buyers: Sterling-backed Desert NDT Takes Over T&K Inspection
This is the second deal for the X-ray testing service since it was acquired by the Chicago PE firm
Desert NDT LLC, which offers ultrasonic and digital X-ray testing, purchased T&K Inspection Inc.
This is the Odessa, Texas-based buyer’s second acquisition since it was picked up by private equity firm Sterling Partners in March 2012, and the first deal since it took over Midwest Inspection Services LP of Perryton, Texas in September.
Financial terms for each deal were not disclosed.
T&K provides industrial X-ray services to customers throughout North Dakota and Montana and has been in operation for more than 25 years. T&K co-owners Jerry Thompson and Ken Kain, who founded the company in 1988, will continue to oversee operations.
The deal is expected to expand T&L’s offices in Williston, N.D. and provide a broader range of testing services.
Desert NDT was originally known as Desert Industrial X-Ray LP prior to its receiving a majority investment from Chicago-based Sterling.
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