ATIS, backed by Thompson Street Capital Partners, has acquired the U.S. elevator inspection business of Technical Inspection Agency USA to expand its operational presence in Nevada and Arizona.

Information on the Target

The Technical Inspection Agency USA (TIA), established in 2018, specializes in providing elevator inspection services in the states of Nevada and Arizona. The agency has earned a reputation for delivering high-quality inspections and ensuring compliance with industry safety standards. By integrating TIA's established operations with the resources of ATIS, the company is positioned to enhance its service offerings and expand its market presence in these significant regions.

This acquisition aligns with ATIS's strategy to strengthen its portfolio in the vertical transportation industry, leveraging TIA's local expertise to better serve its clients. The terms of the acquisition have not been disclosed, but with ATIS’s backing, TIA is expected to experience accelerated growth and improved service delivery.

Industry Overview in the Target’s Specific Country

The elevator inspection industry in the United States is characterized by a strong emphasis on safety and regulatory compliance. With a growing focus on infrastructure improvements and building safety,