Premium Inspection & Testing Group Welcomes Quality Testing Services, Inc.
Premium Inspection & Testing, Inc. (“Premium”), a Calvert Street Capital Partners (“Calvert Street”) portfolio company, announced today it has acquired Quality Testing Services, Inc. (“QTS”), a provider of nondestructive testing, calibration and training services throughout the Midwestern United States.
QTS serves a diverse range of customers across a variety of end markets, including aerospace, defense, power generation, petrochemical, refining, and general manufacturing. Following the acquisition, QTS will be integrated as Premium Inspection & Testing Group – QTS Division and will maintain its offices in St. Louis, Missouri.
Premium was formed with the strategy of building a differentiated NDT company focused on providing exceptional service to both its customers and people. “We are pleased to welcome Quality Testing Services into our company. They are a well-respected service provider that has a solid reputation for quality, professionalism and customer satisfaction," stated Rodney Bonvillain, Chief Executive Officer of Premium. "Adding scale and complementing our existing operations particularly in the Midwest, this acquisition enables us to broaden our range of available services, expand the markets we serve and further strengthen our core capabilities and expertise."
Following the announcement, Scott Zimmer, President of QTS, said “At Quality Testing Services, we pride ourselves on providing our clients with the best nondestructive testing, training and calibration services available. Our decision to join Premium Group is a natural progression in our long-term growth strategy. Both of our companies’ missions and core values are very much aligned on delivering exceptional service. We look forward to the many opportunities that being part of Premium’s organization will bring for the benefit of our customers and our employees.”
Matt McLain, Principal at Calvert Street, added “We have gotten to know Scott and his team very well over the past few years and are excited to welcome QTS to Premium. The addition of QTS will strengthen our presence in the Midwest and further enhance the Premium’s overall capabilities and diversity. We look forward to supporting the continued expansion of our combined companies.”