NSL Analytical Services, Inc.
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NSL Analytical Services, Inc. - overview
Established
1945
Location
Cleveland, OH, US
Primary Industry
Materials
About
NSL Analytical Services, Inc. is a US-based provider of comprehensive material testing services, primarily serving industries such as aerospace, automotive, and manufacturing. The company delivers precise assessments using advanced methodologies for quality assurance. Founded in 1945 and headquartered in Cleveland, US, NSL Analytical Services, Inc.
provides a variety of material testing services. The company has undergone strategic evolution over the years, adapting to the growing demands of different sectors. Ron Wesel currently leads the firm as CEO. The company has successfully completed 2 deals, with the most recent transaction occurring on June 27, 2024.
NSL Analytical specializes in a wide range of material testing services that cater to various industries, including aerospace, automotive, and manufacturing. Their core offerings include chemistry testing, metallurgical testing, and specialized analysis for additive manufacturing and powder characterization. The company employs advanced methodologies such as Inductively Coupled Plasma (ICP) Spectroscopy, X-Ray Diffraction (XRD), and mechanical testing to provide accurate assessments of material quality, composition, and performance. By ensuring compliance with industry standards, NSL Analytical serves a diverse client base, including major players in commercial aerospace and defense manufacturing.
Their services are marketed primarily within North America and extend to clients in Europe and Asia, addressing the unique testing needs of various materials, including metal alloys, ceramics, and polymers. NSL Analytical's revenue structure is built on B2B transactions, primarily involving direct contracts with industrial clients and partnerships with manufacturing firms. Their pricing model typically encompasses on-demand testing services, where clients commission specific tests based on material requirements. Transactions can also involve long-term agreements for regular testing services, ensuring continuous compliance and quality assurance for their clients.
The company’s flagship services, such as their metallurgical testing and chemistry analysis, are tailored to meet the complex needs of high-quality demand from sectors like aerospace and defense. In June 2024, Levine Leichtman Capital Partners acquired NSL Analytical Services, Inc. from May River Capital. The acquisition will expand NSL Analytical's testing capacity and geographic reach through both organic growth and strategic acquisitions.
The firm is strategically planning to enhance its product offerings and is targeting expansion into new markets, although specific product releases and geographic regions have not been disclosed.
Current Investors
May River Capital
Primary Industry
Materials
Sub Industries
Steel & Metals, Rubber & Plastics
Website
www.nslanalytical.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
NSL Analytical 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 | NSL Analytical Services, Inc. | - | ||||||||
| Buyout | Completed | NSL Analytical Services, Inc. | - |
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