Professional Service Industries Acquires Hi-Tech Testing
Oakbrook Terrace, IL—Professional Service Industries, Inc. (PSI) is pleased to announce the acquisition of the Hi-Tech Testing family of companies. Hi-Tech Testing is a full-service nondestructive testing, inspection and consulting organization with specialized data collection equipment and reporting capabilities. This acquisition closed and is effective on October 18, 2012.
Founded in 1996, Hi-Tech Testing employs more than 300 personnel and has annual revenue of approximately $55 million. Headquartered in Longview, TX, Hi-Tech has branch operations in Deer Park, TX; Corpus Christi, TX; Vernal, UT; and Seiling, OK. Hi-Tech also has project offices in North Dakota and Ohio. Industries currently served by Hi-Tech are: oil and gas pipeline, petrochemical, pulp & paper, railcar, utility, manufacturing, oilfield service and process.
No management or personnel changes are expected as a result of this acquisition. Jamie Davis will continue as president/CEO of Hi-Tech Testing and will join PSI’s Executive Management Team.