Desert NDT Expands Its Service Territory Through Transaction with T&K Inspection
Posted: 2013-2-6
Expanding its footprint in the midstream inspection and integrity services
market, Desert NDT, LLC today announced it has acquired T&K Inspection Inc., of
Williston, N.D. This is the company's second acquisition since private equity firm
Sterling Partners made its investment in March 2012. Financial terms of the
purchase were not disclosed.
T&K Inspection has provided industrial X-ray services to customers in North
Dakota and Montana for more than 25 years. Jerry Thompson and Ken Kain, co-
owners of T&K Inspection since founding it in 1988, will continue to oversee
operations in the local office. The expanded Williston, N.D., location will provide
both comprehensive nondestructive testing and integrity management services.
"T&K Inspection offers the most experienced and longest established
nondestructive testing services team in the Bakken Shale region," said Larry
Ames, CEO of Desert NDT. "Desert’s partnership with this company represents
yet another important step toward providing market-leading service to our
clients in all of the United States’ major oil and gas production basins."
"We are very pleased to join with Desert NDT and have found its principles of
safety, quality and service to match the values that have supported our growth in
this region," said Ken Kain. "Together, we look forward to expanding our
capabilities to support clients in this critical geography."
Alan Macksey, a Sterling Partners managing director, noted sharply rising oil and
natural gas production in the Bakken Shale region has boosted demand for
reliable nondestructive testing services for pipelines and midstream
infrastructure. "Desert NDT’s acquisition of T&K Inspection mirrors the strategy
behind our initial investment in the business," he said. "Desert NDT is an
emerging leader in midstream inspection and integrity services and we will
continue to aggressively pursue growth opportunities that bring expanded
service capabilities to the company’s clients."
About Desert NDT
Desert NDT, founded in Odessa, Texas, in 1989, started as a welding X-ray
company and has evolved into a full service nondestructive testing company. A
portfolio company of Sterling Partners since March 2012, Desert NDT offers
ultrasonic testing, digital X-Ray and integrity management (IM) services in
addition to the traditional X-ray testing. Desert’s non-destructive testing
services ensure the safe installation and operation of new gathering pipelines
and other midstream oil and gas infrastructure. For more information please visit
www.desertndt.com.
About Sterling Partners
Sterling Partners is a private equity firm with a distinct point of view on how to
build great companies. Founded in 1983, Sterling has invested billions of dollars,
guided by the company’s stated purpose: INSPIRED GROWTH™, which describes
Sterling’s approach to buying differentiated businesses and growing them in
inspired ways. Sterling focuses on investing growth capital in small and mid-
market companies in industries with positive, long-term trends – education,
healthcare, and business services. Sterling provides valuable support to the
management teams of the companies in which the firm invests through a deep
and dedicated team of operations and functional experts based in the firm’s
offices in Chicago, Baltimore, and Miami.
The people at Sterling believe in ideas and ideals, in people and partnerships that
drive long-term success. For more information please visit
www.sterlingpartners.com.
market, Desert NDT, LLC today announced it has acquired T&K Inspection Inc., of
Williston, N.D. This is the company's second acquisition since private equity firm
Sterling Partners made its investment in March 2012. Financial terms of the
purchase were not disclosed.
T&K Inspection has provided industrial X-ray services to customers in North
Dakota and Montana for more than 25 years. Jerry Thompson and Ken Kain, co-
owners of T&K Inspection since founding it in 1988, will continue to oversee
operations in the local office. The expanded Williston, N.D., location will provide
both comprehensive nondestructive testing and integrity management services.
"T&K Inspection offers the most experienced and longest established
nondestructive testing services team in the Bakken Shale region," said Larry
Ames, CEO of Desert NDT. "Desert’s partnership with this company represents
yet another important step toward providing market-leading service to our
clients in all of the United States’ major oil and gas production basins."
"We are very pleased to join with Desert NDT and have found its principles of
safety, quality and service to match the values that have supported our growth in
this region," said Ken Kain. "Together, we look forward to expanding our
capabilities to support clients in this critical geography."
Alan Macksey, a Sterling Partners managing director, noted sharply rising oil and
natural gas production in the Bakken Shale region has boosted demand for
reliable nondestructive testing services for pipelines and midstream
infrastructure. "Desert NDT’s acquisition of T&K Inspection mirrors the strategy
behind our initial investment in the business," he said. "Desert NDT is an
emerging leader in midstream inspection and integrity services and we will
continue to aggressively pursue growth opportunities that bring expanded
service capabilities to the company’s clients."
About Desert NDT
Desert NDT, founded in Odessa, Texas, in 1989, started as a welding X-ray
company and has evolved into a full service nondestructive testing company. A
portfolio company of Sterling Partners since March 2012, Desert NDT offers
ultrasonic testing, digital X-Ray and integrity management (IM) services in
addition to the traditional X-ray testing. Desert’s non-destructive testing
services ensure the safe installation and operation of new gathering pipelines
and other midstream oil and gas infrastructure. For more information please visit
www.desertndt.com.
About Sterling Partners
Sterling Partners is a private equity firm with a distinct point of view on how to
build great companies. Founded in 1983, Sterling has invested billions of dollars,
guided by the company’s stated purpose: INSPIRED GROWTH™, which describes
Sterling’s approach to buying differentiated businesses and growing them in
inspired ways. Sterling focuses on investing growth capital in small and mid-
market companies in industries with positive, long-term trends – education,
healthcare, and business services. Sterling provides valuable support to the
management teams of the companies in which the firm invests through a deep
and dedicated team of operations and functional experts based in the firm’s
offices in Chicago, Baltimore, and Miami.
The people at Sterling believe in ideas and ideals, in people and partnerships that
drive long-term success. For more information please visit
www.sterlingpartners.com.
