Acuren Corporation

Tomball, Texas

Classification

Public

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

About

About

Acuren Inspection, Inc. is a company that provides inspection, non-destructive testing, and engineering services. With a commitment to safety, quality, and innovation, Acuren has solidified its position as a trusted partner for asset integrity management. The company's comprehensive suite of services is designed to meet the stringent standards of industries where precision and reliability are paramount. Product Breakdown: Non-Destructive Testing (NDT): Acuren specializes in a wide range of non-destructive testing methods, including ultrasonic testing, radiographic testing, magnetic particle testing, and dye penetrant testing. These techniques allow for the examination of materials and structures without causing damage, ensuring the integrity and safety of critical assets. Visual Inspection Services: The company offers visual inspection services utilizing advanced technologies such as remote visual inspection (RVI) and borescopes. These services are essential for assessing the condition of internal components and hard-to-reach areas in industrial equipment and structures. Advanced NDT Technologies: Acuren employs cutting-edge advanced NDT technologies, including phased array ultrasonics, eddy current testing, and computed radiography. These technologies enable a higher level of precision and accuracy in detecting flaws and abnormalities in materials and components. Engineering Services: In addition to inspection and testing, Acuren provides engineering services focused on asset integrity. This includes structural analysis, fitness-for-service assessments, and failure analysis to support clients in making informed decisions regarding their assets. Rope Access Inspection: Acuren offers rope access inspection services, allowing for safe and efficient inspection of structures and equipment in challenging or elevated locations. This method is particularly valuable in industries such as oil and gas, petrochemicals, and power generation. Asset Integrity Management: Acuren's holistic approach includes comprehensive asset integrity management services, encompassing risk-based inspection, corrosion management, and reliability engineering. This helps clients optimize the performance and lifespan of their assets.

Keywords

Keywords

Classified

Private