Investcorp acquired a majority stake in Hi-Tech Inspection Services, reinforcing NDT CCS's position as a leader in Oman’s industrial non-destructive testing market.

Target Company Overview

NDT Corrosion Control Services Co. ("NDT CCS"), a portfolio company of Investcorp, has recently acquired a majority stake in Hi-Tech Inspection Services LLC ("Hi-Tech"), which is recognized as Oman’s leading provider of industrial non-destructive testing (NDT) and inspection services. Hi-Tech was founded in 1996 by the Al Sulaimi Group Holding and has grown to become a key player in its sector.

Under the ownership of Investcorp, which took a majority stake in NDT CCS in July 2015 from the Al Shuwayer Group, NDT CCS has reinforced its position as a market leader. The company has expanded its footprint both organically and through strategic acquisitions, including that of Hi-Tech, bolstering its operational capabilities.

Industry Overview in Oman

The industrial non-destructive testing and inspection sector in Oman is a critical industry, especially given the country’s substantial oil and gas resources, as well as active constructio