About MISTRAS
MISTRAS is a publicly listed company based in Princeton (United States) founded in 1978, and was acquired by H.I.G. Capital in September 2026. Asset protection solutions are developed by MISTRAS for industrial applications. The company has 4,800 employees. MISTRAS has completed 4 acquisitions, including Aetos Group, New Century Software and Onstream Pipeline Inspection Services. Its chief executive, as recorded, is Sotirios J Vahaviolos. Its website mistrasgroup.com draws about 28 thousand monthly visits. MISTRAS offers products and services including Field Inspections and Asset Performance Management. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services. Its legal entity is MISTRAS Group, Inc.
Company details
MISTRAS was founded in 1978 and is headquartered in Princeton, United States. Asset protection solutions are provided by the company within the industrial services sector, encompassing inspection, monitoring, and engineering technologies. Operations are conducted to safeguard infrastructure and equipment integrity across energy, aerospace, and manufacturing fields. Leadership is provided by CEO Sotirios J Vahaviolos, with services extended to clients in multiple regions.
- Annual Revenue$724.02 M (USD)-0.77as on Dec 31, 2025
- Net Profit$16.84 M (USD)-11.19as on Dec 31, 2025
- EBITDA$85.98 M (USD)8.55as on Dec 31, 2025
- Latest Funding Round$29.45K (USD), Grant
Nov 2019
- InvestorsEuropean Union
& 2 more
- Employee Count4,800
- Investments & AcquisitionsAetos Group
& 3 more
- Acquired byH.I.G. Capital
(Sep 2026)
Products & Services of MISTRAS
MISTRAS offers a comprehensive portfolio of products and services, including Field Inspections and Asset Performance Management.
Field inspections are conducted using traditional and advanced NDT to identify faults and flaws in assets
Asset performance management is handled through data-centric services and engineering to monitor and analyze asset conditions
Apps and channels of MISTRAS
its YouTube channel MISTRASndt has 917 subscribers and 30 videos.
Videos from MISTRAS
The most watched videos on MISTRAS's YouTube channel, MISTRASndt (917 subscribers). Click a video to play it here.
More on MISTRASndt.
Funding Insights of MISTRAS
- Total Rounds 7
- Last Round Grant — $29,446
- First Round $5.58M
(Jan 2009)
- Investors Count 2
All 7 funding rounds of MISTRAS with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $29,446 | Grant | – | – | |
| Mar 2018 | $31,363 | Grant | – | – | |
| Jan 2018 | $75,775 | Grant | – | – | |
| Dec 2016 | $351,909 | Grant | – | – | |
| Aug 2016 | $61,507 | Grant | – | – | |
| Aug 2016 | $17,462 | Grant | – | – | |
| Jan 2009 | $5.58M | Grant | – | – |
3 investors in total: 3 institutional.
Investors in MISTRAS
MISTRAS has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union, National Oceanic and Atmospheric Administration and H.I.G. Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| hig.com | ||||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
| noaa.gov |
Investor details for MISTRAS
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People of MISTRAS
119 people are tracked at MISTRAS (24 in leadership, 95 in team); the tracked headcount is 4,800.
| Name | Role | Group |
|---|---|---|
Sotirios J Vahaviolos | CEO | Leadership |
Michael C. Keefe | Executive Vice President, General Counsel and Secretary | Leadership |
Michael J. Lange | Senior Group Executive VP Business Development & Strategic Planning; Vice Chairman | Leadership |
Kelly Terry | Director Of Talent Acquisition | Leadership |
Caroline Bosworth | Head Of People | Leadership |
Nick Sowa | VP Sales | Leadership |
Edward J. Prajzner | EVP, Chief Financial Officer and Treasurer | Leadership |
Monique Vining | Executive Director, Data & Consulting Services | Leadership |
Stephanie Foglia | Director Of Benefits And HRIS | Leadership |
Mark Carlos | Vice President | Leadership |
Kara Boyer | Director Of Client Solutions | Leadership |
Fergal O'Connell | General Manager | Leadership |
Carol Wylie | Head Of Finance | Leadership |
Mike Wechsler | Technical Director | Leadership |
Josh Griffin | General Manager | Leadership |
Ryan Marcantel | Chief UAS Pilot | Leadership |
Ian Moreau | Director Of ART Technology | Leadership |
Brian Odenbach | Vice President - Refining & Petrochemical Data Solutions | Leadership |
Bryan Clementson | Director Of Material Properties | Leadership |
Chris Davies Cmgr McMi - Grad Iosh | Head Of Operations | Leadership |
99 more people are available in the full profile.
Complete people profiles for MISTRAS
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IPO & Listings of MISTRAS
MISTRAS is a publicly listed company on the NYSE with ticker symbol MG in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Oct 2009
- Listed onNYSE: MG
- Listed entityMistras Group Inc
- Exchange sectorIndustrial services
- ISINUS60649T1079
- Share price$20.84 (+0.87% on the day) · 2026-10-13
- Market capitalisation$664.0M
- Price to earnings25.0
- EPS (diluted, trailing year)$0.84
- Volume (last session)371,101
Financials of MISTRAS
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $724.0M | $16.8M | $86.0M |
| 2024 | $729.6M | $19.0M | $79.2M |
| 2023 | $705.5M | -$17.4M | $65.8M |
| 2022 | $687.4M | $6.5M | $52.0M |
| 2021 | $677.1M | $3.9M | $56.1M |
Detailed financial statements for MISTRAS
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by MISTRAS
MISTRAS has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Aetos Group, New Century Software and Onstream Pipeline Inspection Services.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Gas transportation management software services are provided by the company. | newcenturysoftware.com | Fort Collins, United States | 1994 | Sep 2019 | •••• | |
Pipeline inspection services are provided from Calgary, Canada. | onstream-pipeline.com | Calgary, Canada | 2005 | Dec 2018 | $143M | |
Testing services for billets, bars, forgings, and plates are provided. | westpenntesting.com | New Kensington, United States | 1952 | Dec 2017 | $74M | |
Service provider for the petrochemical and oil & gas industries | aetosgroup.com | Houston, United States | 2010 | Oct 2015 | •••• |
Complete acquisition details for MISTRAS
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Timeline of MISTRAS
9 dated milestones of MISTRAS across 48 years, from founding to its latest funding, stage changes and deals.
- Founded MISTRAS is founded.
- Funding First funding round of $5.6M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Aetos Group.
- Acquisition Acquires West Penn Testing.
- Acquisition Acquires Onstream Pipeline Inspection Services.
- Acquisition Acquires New Century Software.
- Funding Latest funding round, Grant, of $29K.
- Exit Acquired by H.I.G. Capital.
Web traffic of MISTRAS
The website of MISTRAS (mistrasgroup.com) receives about 27.8K visits a month.
- Monthly visits27.8K
▲ 5.8% vs previous month
Websites whose visitors overlap most with MISTRAS. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
teamindustrialservices.com | teamindustrialservices.com | 100% | – | ||
| acuren.com | 96% | 30.8K | View details | ||
powersystems.technology | powersystems.technology | 91% | #2,008,093 | – | |
| gza.com | 84% | #2,296,903 | View details | ||
| trccompanies.com | 76% | 143.2K | #239,123 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 31 similar websites and full traffic analytics for MISTRAS
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- 31 similar websites
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Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as MISTRAS (Contract & Outsourced Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | USD 5.06 M | USD 27.91 B | 147,980 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | USD 7.24 B | 7,290 | ||
Wood-fired grills are manufactured and supplied by Traeger. | 1987 | Salt Lake City, Utah, United States | USD 559.52 M | 666 |
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Related news about Mistras
Complete news archive for MISTRAS
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Frequently Asked Questions about MISTRAS
MISTRAS was founded in 1978 and raised its 1st funding round 31 years after it was founded.
MISTRAS is headquartered in Princeton, United States. It is registered at Princeton, New Jersey, United States.
Sotirios J Vahaviolos is the CEO of MISTRAS, as recorded in our data.
MISTRAS has 4,800 employees.
Annual revenue of MISTRAS is $724.02M as on Dec 31, 2025.
MISTRAS was founded in 1978 and is headquartered in Princeton, United States. Asset protection solutions are provided by the company within the industrial services sector, encompassing inspection, monitoring, and engineering technologies. Operations are conducted to safeguard infrastructure and equipment integrity across energy, aerospace, and manufacturing fields. Leadership is provided by CEO Sotirios J Vahaviolos, with services extended to clients in multiple regions.
MISTRAS offers Field Inspections and Asset Performance Management.
Yes, MISTRAS is publicly traded on NYSE under the ticker symbol MG.
MISTRAS has made 4 acquisitions, including Aetos Group, New Century Software, and Onstream Pipeline Inspection Services.
MISTRAS has 3 investors. Key investors include European Union, National Oceanic and Atmospheric Administration, and H.I.G. Capital.
MISTRAS operates through Mistras Group, Inc.
Yes. MISTRAS was acquired by H.I.G. Capital in September 2026.