Doosan Heavy Industries & Construction has reached a deal to purchase ACT Independent Turbo Services Inc., a provider of repair services for gas turbine equipment, from Platte River Equity. The strategic deal expands the buyer’s footprint within the U.S.
Founded in 1996, ACT is an independent full-service gas and steam turbine repair company based in Houston. The target focuses on larger frame turbines for the power and industrial end markets. ACT’s range of services include: component inspection, rotor repair, and a variety of specialty coatings and on-site field services. Financial terms of the deal were not disclosed.