Graycliff Partners has acquired XCEL NDT, a provider of non-destructive testing services for assets used in the petrochemical, pipeline and general industrial sectors, from Pine Tree Equity. XCEL’s services are used to detect structural issues such as corrosion and cracking, as well as material composition and grade and include radiographic testing, ultrasonic thickness testing, leak […]
Archives for November 2023
Trivest Closes its Largest Fund at $1.3 Billion
Trivest Partners has closed Trivest Recognition Fund LP at its hard cap with over $1.3 billion of total capital commitments. Recognition represents Trivest’s twelfth institutional private equity fund and brings Trivest assets under management to approximately $5.5 billion. Trivest received significant support from both its established investor base and a number of new investors including […]
