Capitol Ultrasonics, LLC

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Capitol Ultrasonics, LLC - overview

Established

1972

Location

Baton Rouge, LA, US

Primary Industry

Business Support Services

About

Capitol Ultrasonics, LLC specializes in ultrasonic testing and inspection services, ensuring asset integrity across various industries with advanced technology and engineering solutions. Capitol Ultrasonics, LLC was founded in 1972 in Baton Rouge, US. The company focuses on ultrasonic testing and inspection services to maintain industrial asset integrity. In March 2016, it was acquired by Premium Inspection and Testing, a portfolio company of Calvert Street Capital Partners and Patriot Capital.


Capitol Ultrasonics provides a wide array of testing and inspection services, primarily concentrating on ultrasonic testing, radiographic testing, eddy current testing, and visual inspection. These services are essential for evaluating the integrity and reliability of industrial assets. Additionally, the company offers engineering solutions, including fitness for service assessments and failure analysis, along with rope access services that streamline maintenance efforts in difficult-to-reach locations, applicable across sectors like oil and gas, nuclear power, and food and beverage. The company's revenue model is based on B2B transactions, focusing on long-term partnerships with industrial clients.


Revenue is generated through contractual agreements, encompassing both project-based contracts and ongoing support arrangements. Their pricing is aligned with the complexity and scope of services, primarily deriving from one-time fees and recurring inspection and testing contracts. Capitol Ultrasonics does not currently have publicly disclosed information regarding upcoming product launches or specific plans for geographic expansion. However, the acquisition by Premium Inspection and Testing in March 2016 indicates a strategic shift to enhance service offerings and potentially explore new market opportunities.


Future growth may focus on leveraging the resources of the parent company to broaden its reach and capabilities in the ultrasonic testing and inspection sector.


Current Investors

Premium Inspection & Testing Group, Inc.

Primary Industry

Business Support Services

Sub Industries

Engineering, Power Generation Equipment & Services

Website

www.capitolut.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Capitol Ultrasonics, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCapitol Ultrasonics, LLC-

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