All Tech Inspection
Corpus Christi, TX
Founded in 1988, All Tech Inspection offers inspection and non-destructive testing services to a diverse base of customers including refineries, petrochemical and chemical manufacturing facilities and natural gas processing plants. All Tech is headquartered in Corpus Christi, Texas with additional offices in Baytown ( Houston), Texas, Sulphur, Louisiana and Memphis, Tennessee.
All Tech provides highly trained and certified inspectors to examine and evaluate piping, pressure vessels, process units and storage tanks at its customers’ facilities as part of their process safety management and general maintenance programs. In addition, All Tech is known for capabilities in servicing both planned turnarounds and unplanned outages. The Company has established a strong presence in the US Gulf Coast region, which is home to over half of the nation’s refining capacity, and is expanding into other markets.
Clearview’s investment allowed All Tech’s founders to diversify their net worth while maintaining a substantial equity stake in the company. Clearview was chosen to partner with All Tech due to our energy industry experience and our ability to provide capital and other resources to support the Company’s growth strategy, including the pursuit of add on acquisitions. The current management of All Tech will retain day-to-day management control and have operational autonomy.
The transaction closed on October 29, 2008. Clearview invested equity from Clearview Capital Fund II, LP. Senior debt was provided by Wells Fargo and mezzanine financing by National City Equity Partners.