Monthly Archives: January 2025

Attractive purchase multiple of 12.0x 2025 Projected Adj. EBITDA supported by high single-digit revenue growth outlook, accretive Adj. EBIT margins and accretive ROIC Accelerates the growth of Digital Intelligence by leveraging scalable technologies that drive customer productivity, reliability and safety Expands offerings with Wabtec’s existing customers in rail, mining & industrial sectors PITTSBURGH, January 14, 2025 [...]

TOMBALL, Texas--(BUSINESS WIRE)--Acuren Corporation (the "Company" or "Acuren") (OTCQX: TICA), a leading provider of asset integrity services, today announced that it had successfully completed the repricing of its $773 million term loan. The term loan was repriced at SOFR + 275, representing a 75 basis point reduction of the applicable margin. This reduction is expected to [...]

Bolton, MA, USA & Raaba, Austria – January 14, 2025 – Headwall® Group ("Headwall"), a global leader in high-performance spectral imaging solutions and optical components and a portfolio company of private equity firm Arsenal Capital Partners, is pleased to announce its acquisition of EVK DI Kerschhaggl GmbH ("EVK"), an Austria-based technology company specializing in industrial sensor-based [...]

HANGZHOU, China - Jan. 14, 2025 - DEEP Robotics, a leading Chinese developer of quadrupedal robotics, has crossed a major milestone with the deployment of its industrial-grade quadruped robot, the X30. The robot, nicknamed "SPock" within Singapore’s SP Group, is now operational in the country’s extensive underground power transmission cable network, marking it the first Chinese [...]

We are excited to announce that we are now official suppliers of Zikmund Electronics, a company from Czech Republic well known in producing high quality cameras for inspecting sewers, pipelines, boreholes, heat ducts, and other hard-to-reach areas for over 30 years now. Zikmund holds the reputation for building robust and versatile equipment designed to thrive in [...]

Our Voyager series videoscopes have been upgraded with a new optional feature that allows the removal of foreign objects from hard-to-reach areas. With Voyager's 360-degree articulation, you can not only inspect these areas but also efficiently extract unwanted objects. We offer a variety of tip grasper options, including clamp type, ring type, and three claw type, [...]

When precision, reliability, and innovation are non-negotiable, PH Tool delivers. Our new CUT Board developed together with Holloway NDT, is transforming the way inspectors and students are trained, tested, and certified. The name comes from "Corrosion Ultrasonic Testing," and also because we thought the top side looked like a cutting board! Whether you’re qualifying third-party inspectors, [...]

Edmonton, Alberta, January 8, 2025 – JIREH, a leading NDT and maintenance robotics provider, is thrilled to announce the acquisition of Troglotech Ltd. This strategic move expands JIREH's portfolio, allowing the company to offer a broad range of advanced water and wastewater inspection solutions. Troglotech, founded two decades ago by engineers Dave Cotton and Tim Meek, [...]

Fiberscope.net is pleased to announce a 2-year warranty extension on our industry-leading pipe and water well cameras, including the Anaconda, Strahl, and iSnake models. This enhanced coverage provides customers with long-term protection, ensuring reliable performance and expert support throughout the lifespan of their equipment. The extended warranty offers greater peace of mind while maximizing the value [...]

FAIRFIELD, OH; JANUARY 6, 2025: Professional NDE Services Group, LLC (PNDE), a recognized leader in Non-Destructive Evaluation (NDE) / Non-Destructive Testing (NDT) services, announces the promotion of David Shock to Responsible Level 3 and an important part of the company’s management team. In this position, Dave is responsible for overseeing the technical and certification aspects of [...]