SRM Equity Partners, LLC

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Industrial Inspection & Analysis Acquires St. Louis Testing Laboratories, Inc.

December 8, 2020 – St. Louis, MO – Industrial Inspection & Analysis, Inc.™ (“IIA”) – a leader in providing inspection, testing, and analytical services – has acquired St. Louis Testing Laboratories, Inc. (“SLTL”).

Founded in 1929 and based in St. Louis, MO, SLTL is a leading commercial testing laboratory that performs testing and inspection services for industrial clients via nondestructive testing, mechanical testing, chemical analysis, metallurgical analysis, and environmental analysis.

“SLTL will expand IIA’s capabilities into destructive testing through the company’s capabilities in mechanical, chemical, and metallurgical testing while providing deep expertise in lab- and field-based NDT capabilities as well” explains Chris Niebuhr, CEO of IIA. “The acquisition will also plant an IIA flag in the center of the country, an important geography for IIA as we continue to grow our nationwide presence. We look forward to welcoming SLTL’s talented employees to IIA,” added Niebuhr.

“SLTL is excited to add to IIA’s diverse service offerings while bringing our company’s culture of excellence to an already well-respected organization” states Rob Sinn, owner of SLTL. He added, “Joining the IIA platform will allow SLTL to serve a broader base of customers while still providing the great customer service that made us a leader in the region for nearly a century.”

SLTL is IIA’s 17th acquisition since its inception. This transaction continues IIA’s strategy of building a nationwide inspection and testing company that offers a strong value proposition to a long list of industrial customers in a wide variety of end markets.

Nolan & Associates acted as financial advisor to SLTL and Husch Blackwell served as legal counsel. IIA was represented by Nelson Mullins Riley & Scarborough.

About Industrial Inspection & Analysis.

IIA is a high-growth inspection, testing, and analytical business committed to providing story-worthy service even through the most challenging situations. To learn more about the IIA family of companies, visit industrial-ia.com.