
Prior Investment-FUND II
Acquisition date: October 29, 2008
Disposition date: July 7, 2015
Inspection and non-destructive testing services for refineries, petrochemical and other industrial facilities
Leading national provider of mechanical integrity inspection and non-destructive testing services for industrial facilities including refineries, petrochemical and other industrial facilities. QualSpec Group was formed to integrate the four acquired entities below.
The transaction closed on October 29, 2008. Along with management, Clearview invested equity from Clearview Capital Fund II, L.P. Senior debt was provided by Wells Fargo and mezzanine financing by National City Equity Partners.
Clearview sold QualSpec Group to Team, Inc. on July 7, 2015.
Acquisitions Completed:
All Tech Inspection, Inc.
Corpus Christi, TX
Gulf coast based mechanical integrity inspection and non-destructive testing services
IESCO
Torrance, CA
West coast based mechanical integrity inspection and non-destructive testing services
TC Inspection/Hawk Rope Access
Rodeo, CA
Full service non-destructive testing provider in the San Francisco Bay Area with emerging rope access service offering