Transactions

Case Study

Global X-Ray & Testing Corporation
Industries:
Energy; Business & Professional Services; Infrastructure & Construction
Description:
Leading provider of a comprehensive range of bundled, mission-critical non-destructive testing (NDT) solutions to leading oil and gas companies spanning the upstream, midstream and downstream sectors of the energy industry.
Location:
Morgan City, Louisiana
Ownership:
Platte River Equity and Management
Transaction Type:
Sellside

Situation

Global X-Ray & Testing Corporation (“Global X-Ray” or the “Company”) retained BlackArch Partners to manage the sale of the Company, underscoring BlackArch’s expertise and commitment in the energy services and verification, testing, inspection and certification (VTIC) sectors.

BlackArch's Customized Solution

To generate interest from potential buyers, BlackArch created a tailored marketing process to highlight the Company’s impressive growth and comprehensive service offerings. BlackArch began preparing marketing materials in parallel with preemptive strategic and financial buyer discussions before proceeding with targeted meetings with the most compelling buyers around the world.

Outcome

Global X-Ray was sold to Intertek Group plc (LSE: ITRK), a leading quality solutions provider to industries worldwide. From auditing and inspection, to testing, training, advisory, quality assurance and certification, Intertek adds value to customers’ products, processes and assets.