Illinois-based PSI . Service Software will become part of Xactware Solutions, a Verisk business that specializes in technologies for the property insurance, remodeling, restoration, and mortgage and lending industries. Professional Service Industries, Inc. (PSI) joined the Intertek family of companies via acquisition in December 2015. Skilled in Talent Acquisition, Talent Management, Performance Management, Employee Engagement, HR Analysis and Compensation & Benefits. Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of disciplines within the construction market. Marking an exit for Olympus Partners, Intertek Group (LON: ITRK) has agreed to acquire Professional Service Industries for $330 million in cash; the price is equivalent to a 7.6x multiple based on adjusted EBITDA for the 12-month period ended August 31. Return to raceway installer home. Company Type For Profit. Strategic expansion broadens company's offerings in building and construction industries. Paul Hundley paul.hundley@intertek.com Product Type. Intertek traces its history back 130 years, including a company started by Thomas Edison. The following is a compiled list of FAQs surrounding Intertek's acquisition of Professional Service Industries, Inc. (PSI) and Materials Testing (MT) Group. This was a Grant round raised on Nov 2, 2010. Strategic expansion broadens company's offerings in building and construction industries Chicago (November 30, 2015) - Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of . Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing . Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of disciplines within the construction market. Intertek has acquired 90 companies, including 12 in the last 5 years. Intertek Acquires Professional Service Industries, Inc. (PSI) Intertek is a US$3+ billion revenue public company trading on the London Stock Exchange (ITRK). Intertek Group has acquired International Inspection Services Ltd (INSPEC), a UAE-based provider of non-destructive testing (NDT) and associated services to the oil and gas industry. Strategic expansion broadens company's offerings in building and construction industries. About. . Professional Service Industries . Intertek acquired both MT Group and PSI in October and November of 2015, respectively (read the press releases for the MT Group and PSI). Categories drones, Intertek, Keysight Technologies, Test and Measurement, UAV Test and Measurement: Intertek acquires UK cybersecurity firm Testing company Intertek is boosting its network assurance portfolio with the acquisition of United Kingdom-based cybersecurity firm NTA Monitor. Intertek Group plc ("Intertek" and the "Group"), a leading quality solutions provider to industries worldwide, announces that it has entered into an agreement to acquire Professional Service Industries, Inc. ("PSI"), for a cash consideration of US$330 million on a cash-free and debt-free basis1, which October 14, 2015. Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek is funded by NYSERDA. Arch Aluminum & Glass, based in Tamarac, Fla., is family-owned and operates 33 facilities in 17 states with over 2,400 employees. Automation Technology acquired . Sep 1997 - Jun 201416 years 10 months. CHICAGO. They acquired SAI Global for A$855M. Intertek has acquired in 13 different US states, and 26 countries. PSI Acquires Midwest Engineering Services. Professional Service Industries, Inc. (PSI) is a nationally recognized consulting engineering and testing firm providing integrated services in several disciplines, including geotechnical engineering, construction materials testing and engineering, facilities engineering and consulting, environmental consulting, asbestos management and industrial hygiene. 9. Headquarters Regions Great Lakes. Select a class 2022/01/05, Wednesday - Online (Zoom) - 010522Virtual 2022/02/02, Wednesday - Online (Zoom) - 020222Virtual 2022/03/02, Wednesday - Online (Zoom) - 030222Virtual 2021/12/01, Wednesday - Online (Zoom) - 120121Virtual ANY DAY of the month - Raceway renewal . Chicago (November 30, 2015) - Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of . Alchemy provides a leading training solution for the food industry. Intertek is a global leader and provider of assurance, testing, inspection and . Intertek is a "known entity," because in 2013 Intertek acquired Global X-Ray & Testing Corporation, which holds radioactive materials licenses issued by various Agreement Intertek Acquires Professional Service Industries, Inc. Saint-Gobain acquires Swiss companies and Ecophon CertainTeed achieves UL status The UP Companies Receives Workplace Safety Grant Professional Drywall Construction, Inc. Celebrates Anniversary of Co-owner LONDON--Intertek Group PLC (ITRK.LN) said Wednesday that it will acquire U.S. based testing and assurance services provider Professional Service Industries Inc. for $330 million in cash. Locations & Contacts. Intertek is a "known entity," because in 2013 Intertek acquired Global X-Ray & Testing Corporation, which holds radioactive materials licenses issued by various Agreement Intertek Industry services and solutions help clients meet quality, safety, performance, financial and other goals. PAUL, MN Schwing America announces the closing of transaction for the purchase of all the assets of Loop Belt Industries, makers of high-quality truck mounted telescopic conveyors. Contract Manufacturing Services (CMS) Intertek . It offers services from auditing and inspection, training, advisory, quality assurance and certification. Strategic expansion in US growth markets. 4960 Vulcan Avenue Columbus, OH 43228 6148768000. Arch Aluminum & Glass Co. Inc. has acquired Trulite Industries Ltd., one of Canada's largest fabricators of large-scale insulated, tempered, spandrel, and screen printed glass, as well as a distributor of flat glass. This acquisition also builds on Intertek's successful purchase of Architectural Testing, Inc. (ATI) in 2013 to further extend its services to the construction phase of . Intertek Group plc, a leading quality solutions provider to industries worldwide, announces that it has entered into an agreement to acquire Professional Service Industries, Inc for a cash consideration of US$330 million on a cash-free and debt-free basis1, which is equivalent to a 7.6x multiple based on adjusted2 LTM EBITDA of US$43 million for the 12 months to 31 August 2015. Industries. Intertek has raised a total of $4.4M in funding over 1 round. Intertek PSI was founded in 1961 as Professional Service Industries, Inc. and is headquartered in Arlington Heights, Illinois. Intertek is a US$3+ billion revenue public company trading on the London Stock Exchange (ITRK). Intertek Group PLC, a quality services provider, said Thursday that it has acquired Global X-Ray & Testing Corp., a U.S. provider of nondestructive testing and mechanical integrity services to the . Chicago — Intertek completed the acquisition of Professional Service Industries, Inc. (PSI), an engineering and testing firm providing integrated quality assurance services across a range of disciplines within the construction market. Essential Responsibilities: Intertek PSI acquired Professional Service Industries prior to the suit and likewise, Hull and Associates acquired Jobes prior to completion of the .85-mile section of the trail and bridge. 1. on a cash and debt free basis, equivalent to a 7.6x multiple based on LTM. 14 Oct Diageo sells wine businesses for 320m pounds The . Intertek . A total of 5 acquisitions came from private equity firms.It has also divested 1 asset.. Intertek's largest acquisition to date was in 2011, when it acquired Moody International for $693M. Register as an AHJ. 7. Founded in 1961, PSI is a provider of testing and assurance services, such as geotechnical engineering, to commercial and civil construction . Arch Aluminum & Glass Co. Inc. has acquired Trulite Industries Ltd., one of Canada's largest fabricators of large-scale insulated, tempered, spandrel, and screen printed glass, as well as a distributor of flat glass. Intertek Acquires Professional Service Industries, Inc. (PSI) . HR Business Partner with a demonstrated history of working in the retail, sourcing and testing services industry. Mar 7, 2011 . March 12, 2018. Intertek bought INSPEC from Lamprell Energy, a subsidiary of rig builder Lamprell, for US$66 million (GBP 40 million) cash. 10. intertek.com. Professional Service Industries, Inc. (PSI) | 在领英上有 7,659 位关注者。Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of disciplines within the construction market. Professional Service Industries, (PSI) is a nationally recognized consulting engineering and testing firm providing integrated services in several disciplines, including geotechnical engineering, construction materials testing and engineering, facilities engineering and consulting, environmental consulting, asbestos management and industrial Intertek Acquires Professional Service Industries, Inc. (PSI) Strategic expansion broadens company's offerings in building and construction industries November 30, 2015 11:00 AM Eastern Standard . Headquarters: 545 E. Algonquin Road, Arlington Heights, Illinois, 60005, United States. Intertek - PSI. "We are thrilled to acquire the assets of Loop Belt Industries and incorporate them into the Schwing family," said Bill Murray, CEO of Schwing America. Working safe - 24/7/365 - creates the kind of productive, efficient, happy and inspiring workplace everyone at PSI desires to be part of. Arch Aluminum & Glass, based in Tamarac, Fla., is family-owned and operates 33 facilities in 17 states with over 2,400 employees. Role/Summary/Purpose: The Technical Review Engineer provides technical leadership and expertise concerning different directives requirements, that impact industrial products. Fax 630-691-1587 . Oakbrook Terrace, IL - Professional Service Industries, Inc. (PSI), a leading independent engineering and testing firm with approximately $260 million in annual revenues, is pleased to announce the acquisition of Midwest Engineering Services, Inc. (MES). EBITDA of $43m PSI is a US industry leader in materials testing and assurance for the commercial and civil construction markets Bureau of Land Acquisition 2300 South Dirksen Parkway Springfield, Illinois 62764 PREPARED BY Professional Service Industries, Inc. 4421 W. Harrison Street Hillside, IL 60162 Phone: (708) 236-0720 Fax: (708) 236-0721 Intertek-PSI Project No. Home » Our Business » Recent Transactions » Our Business » Recent Transactions Intertek agrees to acquire PSI for $330 million. The Company's most targeted sectors include business services (46% . Global X-Ray & Testing .
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intertek acquires professional service industries