Specialty Welding and Turnarounds LLC
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Specialty Welding and Turnarounds LLC - overview
Established
2014
Location
Gonzales, LA, US
Primary Industry
Construction
About
Specialty Welding and Turnarounds LLC (SWAT) is a technical service provider specializing in project management, specialty welding, and mechanical solutions for the refining, petrochemical, and biodiesel industries. In January 2026, Brown & Root Industrial Services, LLC, a portfolio company of One Equity Partners and KBR, acquired Specialty Welding and Turnarounds LLC from Hastings Equity Partners and ORIX Capital Partners. SWAT specializes in providing highly technical services primarily within the refining, petrochemical, and biodiesel industrial markets. The company's core offerings encompass project management, specialty welding, general mechanical services, and maintenance solutions aimed at preventing operational failures such as shell, joint, and tube leaks.
SWAT’s skilled welders and pipefitters execute complex welding tasks, including pipe welding and boiler repairs, which are critical for maintaining production efficiency and safety in client facilities. The company serves a diverse clientele, including oil refineries, chemical plants, and bio-renewable facilities across the United States and regions with significant industrial activity. SWAT’s focus on early planning and risk mitigation enables it to deliver tailored solutions that enhance operational reliability for its customers. SWAT generates revenue through a structured model that includes project-based contracts and ongoing service agreements with industrial clients.
The transactions typically involve comprehensive project management engagements, where clients negotiate contracts for specific turnaround and maintenance projects, ensuring timely execution. The pricing structure is based on the complexity and scope of services provided, ranging from flat-rate agreements for extensive projects to hourly billing for specialized welding and mechanical services. These contracts aim to deliver efficiency and safety improvements, reinforcing SWAT’s reputation as a trusted partner in technical service delivery. SWAT’s strong performance in completing projects on time and under budget has solidified long-term relationships with its customers, who rely on the company’s expertise for routine maintenance and emergency repairs.
Current Investors
Hastings Equity Partners, ORIX Corporation USA
Primary Industry
Construction
Sub Industries
Facilities & Maintenance Services, Engineering, Consulting Services, Construction
Website
www.swatservice.com
Verticals
Infrastructure
Total Amount Raised
Subscriber access only
Specialty Welding and Turnarounds LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Specialty Welding and Turnarounds LLC | - | ||||||||
| Add-on, Trade Sale | Completed | Midwest Cooling Tower Services, LLC | - | ||||||||
| Add-on | Completed | Breathing Systems Inc. | - | ||||||||
| Add-on | Completed | Hydroprocessing Associates, LLC | - | ||||||||
| Secondary Buyout | Completed | Specialty Welding and Turnarounds LLC | - |
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Specialty Welding and Turnarounds LLC - employee data


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