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ISS acquires Electric Motor Technologies, LLC to enhance service offerings in southern Ohio

May 09, 2024over 1 year ago

Acquiring Company

Industrial Service Solutions

Acquired Company

Electric Motor Technologies (EMT)

HoustonCincinnatiManufacturingManufacturing

Description

Industrial Service Solutions (ISS) has acquired full ownership of Electric Motor Technologies, LLC (EMT), an electromechanical service provider supporting industrial and commercial operations throughout southern Ohio. This acquisition will enhance ISS service offerings in the region, making its full range of rotating equipment, process equipment, and inspection services available to EMT's clients. Current EMT leadership, employees, and the company's three Cincinnati, Ohio facilities will continue operations under the May 1, 2024 agreement.

Company Information

Company

Industrial Service Solutions

Location

Houston, Texas, United States

About

ISS Inspection Services is comprised of four entities - NIC Inspection Services, PTI Industries, PRO Inspection Services and CTS Inspection Services. Together, these companies offer three lines of business: non-destructible testing (NDT); Inspection; and Special Processes which provides ancillary services such as precision cleaning, adhesive bonding, and coatings. With almost 1,000 customers in the fast-growing aerospace, space, defense, and nuclear power generation industries in the U.S., ISS Inspection Services employs a team of ~300 who work in one of the company’s five laboratories in Florida, Texas and Connecticut, or directly at customers’ sites across the country. Headed up by President and CEO, Bob Vigne, the company’s roots date back to the 1970’s since which time it has expanded rapidly through both organic and inorganic growth.

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M&A Insights

Based on deal data
Integration timeline
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Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
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Success factor
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