Integrated Global Services, Inc.
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Integrated Global Services, Inc. - overview
Established
1975
Location
Richmond, VA, US
Primary Industry
Business Support Services
About
Integrated Global Services, Inc. is a US-based company specializing in advanced thermal spray technologies and proprietary coatings aimed at enhancing the efficiency of fired heaters in refineries and petrochemical facilities. Integrated Global Services (IGS) provides specialized solutions for fired heaters, primarily serving the energy and petrochemical sectors. Established in 1975, its headquarters is located in Richmond, US.
IGS was recently acquired by American Securities from J. F. Lehman & Company in March 2025, marking a strategic shift in company ownership. The company has completed 4 deals in its history under the leadership of CEO Mike Watson.
Integrated Global Services (IGS) specializes in advanced solutions designed to enhance the efficiency and reliability of fired heaters used in refineries and petrochemical plants. Its core product offerings include high-velocity thermal spray (HVTS) technologies and various proprietary coatings such as Cetek, which improve energy efficiency and significantly reduce emissions of harmful pollutants like NOₓ and CO₂. These solutions are particularly valuable during planned operational turnarounds and routine maintenance, addressing critical maintenance challenges like hydrocarbon buildup and corrosion. IGS serves a diverse client base globally, including major players in the energy, power, and processing industries across regions such as North America, Europe, the Middle East, and Asia, where stringent environmental regulations necessitate advanced emission reduction technologies.
Revenue generation at IGS is primarily driven by direct business-to-business transactions with clients in the energy and petrochemical sectors. The company structures its offerings around project-based contracts, where clients engage IGS for its specialized services, including installation and maintenance of its thermal spray technologies and coatings. These contracts typically involve comprehensive service agreements that facilitate ongoing maintenance and performance optimization of the equipment, ensuring maximum efficiency and reliability. IGS’s flagship products, such as HVTS and Cetek coatings, are integral to these transactions, and pricing is determined based on the scope and complexity of the services required.
The firm has established long-term partnerships with key industry players, further solidifying its position as a trusted provider of asset protection solutions. In March 2025, Integrated Global Services, Inc. was acquired by American Securities, a move aimed at supporting the company’s next phase of growth. Future plans include designing new products to meet evolving market needs and expanding into new geographic regions, including Asia and Europe, by 2026.
The acquisition, which does not disclose financial terms, will provide the necessary resources to enhance product development and market reach.
Current Investors
J.F. Lehman & Company
Primary Industry
Business Support Services
Sub Industries
Engineering, Facilities & Maintenance Services, Construction
Website
www.integratedglobal.com
Verticals
Infrastructure
Company Stage
Mature
Total Amount Raised
Subscriber access only
Integrated Global Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | Integrated Global Services, Inc. | - | ||||||||
| Add-on | Completed | Tube Tech International Ltd | - | ||||||||
| Add-on | Completed | AmStar | - | ||||||||
| Secondary Buyout | Completed | Integrated Global Services, Inc. | - | ||||||||
| Add-on | Completed | Cetek Ltd. | - |
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