ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld


GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market


Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

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. 


For more information on related topics, visit the following: