Home > M&A deals 2012 > Professional Service Industries, Inc. acquires Hi-Tech Testing Service, Inc.
Add-on Acquistion · Test/Measurement Equipment · October 2012

Professional Service Industries, Inc. acquires Hi-Tech Testing Service, Inc.

On October 18, 2012, Professional Service Industries, Inc. acquired Hi-Tech Testing Service, Inc., a test/measurement equipment company in Texas, United States, from Pine Tree Equity Management LP.

Deal at a glance

AnnouncedOctober 18, 2012 TypeAdd-on Acquistion TargetHi-Tech Testing Service, Inc. Buyer Professional Service Industries, Inc. Seller Pine Tree Equity Management LP SectorTest/Measurement Equipment LocationTexas, United States ValueNot disclosed

Target company

Hi-Tech Testing Service, Inc.
Texas, United States
Test/Measurement Equipmentsector
-founded
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Buyer

Professional Service Industries, Inc.
Company · 1 deal on record
  • 1st transaction in test/measurement equipment
  • 1st transaction in United States
1deals, all time
1in this sector
2012latest

Seller

Pine Tree Equity Management LP
Private equity firm · 25 deals on record
25investments
1in this sector
11exits

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Questions about this deal

Who acquired Hi-Tech Testing Service, Inc.?Professional Service Industries, Inc. acquired Hi-Tech Testing Service, Inc. on October 18, 2012.

Who sold Hi-Tech Testing Service, Inc.?Pine Tree Equity Management LP was the seller.

What type of deal was it?It was a add-on acquistion in the test/measurement equipment sector in 2012.

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