Integrity services company NVI has entered into an important partnership with private equity firm GenNx360 Capital Partners. The collaboration seeks to enhance the company’s reach in critical markets and strengthen its operational capabilities through an injection of strategic capital. The event marks a robust expansion phase for the Louisiana-based entity, which has established itself as a benchmark in the non-destructive testing sector.
Expansion in industrial inspection and technical services
With the backing of GenNx360, the company projects sustained growth in key areas such as energy infrastructure and data centers. The New York private equity firm has closely followed this sector for the past three years, identifying in NVI a solid platform due to its culture of security and technical excellence.
Likewise, the management of both organizations has stated that the main objective is to meet the technological demands of industrial customers in an increasingly demanding and competitive environment.
NVI’s portfolio of services includes everything from radiography conventional to erosion detection and high-precision weld testing. Integration with GenNx360 will enable these technical capabilities to reach new geographic segments and sectors such as maritime and power generation.
Under the leadership of Josh Luft and Jason Caruso, the company will maintain its focus on quality and reliability of critical assets. Financial and legal advisors on both sides have facilitated this transaction that promises to raise the standards of the TICC industry through strategic acquisitions and accelerated organic development.
Source and photo: NVI