Team, Inc. Acquires Quest Integrity Group, LLC
November 3, 2010 (Seattle, WA) --- Quest Integrity Group, LLC (“Quest Integrity”Â) is pleased to announce that it has been acquired by Team, Inc. (NASDAQ: TISI). Quest Integrity will continue to operate as a separate entity aligned with Team’s inspection services division. All of Quest Integrity’s management team will continue to lead the company in the delivery of its advanced inspection and engineering assessment services and software products.
“We are excited about the synergies and new opportunities created by this strategic initiative, which combines our advanced services and products portfolio with Team’s extensive field service capability,”Â said Milton Altenberg, Quest Integrity CEO.
The company will retain the Quest Integrity name and all business functions including operations, sales, contracts and administration will remain autonomous and continue to function as they do today. Contracts, pre-qualifications, insurance policies and certificates, and vendor master setups are unaffected and remain intact.
“There are numerous advantages for our clients and perhaps the most notable is that they will continue to receive the same high quality services and products on a larger scale, and do not need to change anything in their systems to facilitate current and future projects,”Â said Rich Roberts, Vice President Inspection Division.
Quest Integrity reaffirms its commitment to health, safety and environmental responsibility and will continue to maintain active certifications and/or relationships with organizations including Houston Area Safety Council, VCA/TÃ¼v Rheinland, CanQual, ISNetworld, PEC Premier and PICS.