About Premium Inspection & Testing
Premium Inspection & Testing is a company based in Houston (United States) founded in 2013 was acquired by Acuren in November 2021.. The company has 77 employees as of December 31, 2022. Premium Inspection & Testing has completed 2 acquisitions, including LandBros and Quality Testing. Premium Inspection & Testing offers products and services including Nondestructive Testing and Engineering Services.
- Headquarter Houston, United States
- Employees 77 as on 31 Dec, 2022
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- Legal Name Acuren Corporation
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Products & Services of Premium Inspection & Testing
Premium Inspection & Testing offers a comprehensive portfolio of products and services, including Nondestructive Testing and Engineering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Nondestructive testing is provided to evaluate asset integrity without causing damage in various industrial settings.
Engineering services are delivered to assess and predict the performance of critical components in multiple industries.
Funding Insights of Premium Inspection & Testing
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2015 | Amount | Private Equity Round - Premium Inspection & Testing | Valuation | Patriot Capital , First Midwest Bank |
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| Jun, 2014 | Amount | Private Equity Round - Premium Inspection & Testing | Valuation |
investors |
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| Jun, 2013 | Amount | Private Equity Round - Premium Inspection & Testing | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Premium Inspection & Testing
Premium Inspection & Testing has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Acuren, First Midwest Bank and Patriot Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity and private debt are managed across multiple sectors.
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Founded Year | Domain | Location | |
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Investment opportunities are facilitated by Ninth Street Capital Partners.
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Founded Year | Domain | Location | |
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Crescentia Capital is focused on accelerating growth in lower middle-market companies through private equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Premium Inspection & Testing
Premium Inspection & Testing has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include LandBros and Quality Testing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
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Provider of industrial drone and UAS inspection and services
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Nondestructive testing, inspection, safety, and asset integrity services are provided.
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1999 |
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|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Premium Inspection Testing
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Premium Inspection & Testing Comparisons
Competitors of Premium Inspection & Testing
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Premium Inspection & Testing
Frequently Asked Questions about Premium Inspection & Testing
When was Premium Inspection & Testing founded?
Premium Inspection & Testing was founded in 2013.
Where is Premium Inspection & Testing located?
Premium Inspection & Testing is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
How many employees does Premium Inspection & Testing have?
As of Dec 31, 2022, the latest employee count at Premium Inspection & Testing is 77.
What does Premium Inspection & Testing do?
Premium Inspection Testing was founded in 2013 and is based in Houston, United States. Operations focus on the industrial sector, where non-destructive testing, pipeline integrity assessments, weld inspections, gage calibrations, and tank inspections are conducted. Services support the evaluation of high-value assets across various applications. The company maintains a domain at pitinc.com for its professional engagements.
What products or services does Premium Inspection & Testing offer?
Premium Inspection & Testing offers Nondestructive Testing and Engineering Services.
How many acquisitions has Premium Inspection & Testing made?
Premium Inspection & Testing has made 2 acquisitions, including LandBros, and Quality Testing.
Who are Premium Inspection & Testing's investors?
Premium Inspection & Testing has 5 investors. Key investors include Acuren, First Midwest Bank, Patriot Capital, Ninth Street Capital, and Crescentia Capital.