Spire Capital Partners has finalized the sale of PROtect, a rapidly growing tech-enabled testing, inspection, certification, and compliance company, following a successful six-year partnership that resulted in substantial operational growth and market expansion.
Target Information
PROtect is a prominent provider specializing in safety, reliability, and compliance services across various critical industries, including chemicals, food and beverage, midstream energy, pharmaceuticals, power generation, refining, and renewables. The Company offers a comprehensive range of solutions aimed at assisting clients in effectively managing operational risks, with services such as non-destructive testing (NDT), mechanical integrity assessments, environmental compliance, industrial hygiene, safety process engineering, and pipeline integrity evaluations. PROtect's team is composed of highly trained, certified professionals strategically located to deliver exceptional service and foster strong partnerships with clients.
Under the leadership of CEO Nathan VanderGriend, PROtect has experienced rapid growth and development, establishing itself as one of the fastest-growing tech-enabled testing, inspection, certification, and compliance companies in the United States. With a workforce exceeding 550 employees, the Company's recruitment and retention initiatives have ensured a dedicated team committed to outstanding customer satisfaction.
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Industry Overview in the U.S.
The testing, inspection, and certification (TIC) industry in the United States has been witnessing significant growth, driven by increasing regulatory demands, safety standards, and the rising emphasis on quality assurance across various sectors.
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Spire Capital Partners
invested in
PROtect
in 2024
in a Buyout deal