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 – Wabtec Corporation (NYSE: WAB) announced a definitive...Read More.
Acuren Corporation Announces Successful Debt Repricing
Posted: 2025-1-20TOMBALL, 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 reduce cash interest expense by approximately $5.8 million annually. The term loan maturity date of 2031, and all other material pro...Read More.
EVK acquired by Headwall Photonics
Posted: 2025-1-20Bolton, 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 sorting and inspection systems. This strategic acquisition marks a significant step forward in Headwall Group’s missio...Read More.
DEEP Robotics’ X30 Robot Dog Pioneers Smart Inspection in Singapore Power Cable Tunnel
Posted: 2025-1-20HANGZHOU, 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 quadruped robot to be deployed to an overseas power system.
The partnership with SP Group represents a critical step ...Read More.
Fiberscope.net excited to announce to be the official suppliers of Zikmund inspection equipment
Posted: 2025-1-17We 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 the toughest environments while staying ahead of latest electronic innovations.
As one of the largest North American online suppliers of indu...Read More.
Voyager Series Videoscopes Now Receiving Option To Use Forceps to Retrieve Foreign Objects
Posted: 2025-1-14Our 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, to better address your specific needs. For more information, contact us at 1-877-613-2210 or salesteam@fiberscope.net...Read More.
Discover the Future of Corrosion Training and Qualification with all-new “CUT” Board™ from PH Tool
Posted: 2025-1-13When 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, training students, or advancing your team’s skills, the CUT Board provides an unparalleled edge in corrosion evaluatio...Read More.
JIREH ANNOUNCES ACQUISITION OF TROGLOTECH PRODUCTS
Posted: 2025-1-8Edmonton, 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, is a respected name in the industry. It delivers innovative robotic crawlers and internal pipe inspection cameras. JIREH is well-positio...Read More.
Extended Protection! Now Offering a 2-Year Warranty On Our Pipe Camera Anaconda
Posted: 2025-1-7Fiberscope.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 of every purchase.
Fiberscope.net is a top North American supplier of industrial inspection equipme...Read More.
Professional NDE Services Announces Promotion
Posted: 2025-1-6FAIRFIELD, 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 the business while advancing procedures and maintaining the highest quality standards. As a member of the PNDE team, he wi...Read More.