

"SPL's advanced capabilities, deep expertise, best-in-class technology, and long-term relationships make the company a trusted partner to a diverse network of energy-related asset owners, operators, and customers," said Scott Perry, partner at Sentinel. SPL sets itself apart through its technical expertise and breadth of integrated services, and by helping set industry standards in partnership with regulatory bodies. SPL is also at the forefront of helping customers maintain proper environmental, social, and governance ("ESG") standards through its water testing labs. SPL assists clients with transactional obligations, regulatory compliance, and energy production monitoring. SPL serves an international customer network, spanning the North American, EMEA, and APAC markets. Besides testing and services, SPL offers unique digital services, including production allocation, flow assurance, and data management. Its service centers house more than 250 highly trained technicians who inspect, install, and maintain field measurement systems for customers. SPL operates 22 lab testing and service centers that analyze hundreds of thousands of samples annually for physical and chemical composition of hydrocarbons, lubricants, and wastewater. SPL, an industry leader in TIC services, serves more than 1,700 customers, including some of the largest global energy companies. NEW YORK, Ap/PRNewswire/ - Sentinel Capital Partners, a private equity firm that invests in promising midmarket companies, today announced its acquisition of SPL, a leader in testing, inspection, and certification ("TIC") services for energy and environmental markets. and Canada and serves more than 15,000 active clients.Industry-Leading Testing, Inspection and Certification Company is Newest Platform to Join Business Services Vertical The company has 37 locations across the central and eastern U.S. Its tools support 3D modeling, simulation, virtual replication, and collaboration, as well as data management, configure-price-quote automation, product lifecycle management, and enterprise resource planning.
Sentinel capital partners software#
It works with leading software and hardware partners, including Dassault Systèmes and Stratasys, and its experts provide computer-aided design and engineering software, additive and subtractive manufacturing solutions, and associated training, consulting, implementation, and staff augmentation services for clients across a variety of industries. “We see a tremendous amount of opportunity to help the Company continue scaling, and Audax is an ideal partner to support the acceleration of TriMech’s growth and service offerings.”įounded in 1998 and headquartered in Richmond, VA, TriMech is a leading technology and business solutions partner for designers, engineers, and manufacturers. “Audax Private Debt has been a reliable and engaged financing partner for us, structuring and executing a tailored financing solution that we believe will position the Company for continued growth,” said Jon Gurss, Principal at Sentinel Capital Partners.

We are thrilled to partner with Sentinel and the TriMech team to support the Company in this exciting next chapter.” “The pace of change continues to accelerate- impacting every industry at each stage of the design process, and we believe that TriMech is well-positioned for growth and continued success. “Over the last decade, 3D CAD has revolutionized the engineering workflow,” said Rahman Vahabzadeh, Managing Director at Audax Private Debt. The Company partners with leading software and hardware providers, including Dassault Systèmes and Stratasys, to deliver expert technical support, training, consulting, implementation, and staffing services to its customers through its world-class engineering staff. Headquartered in Richmond, VA, TriMech sells and services engineering software, 3D printers and consumables, 3D scanners, and other engineering and manufacturing-related offerings. Audax Private Debt announced that, as a Co-Lead Investor, it provided Mezzanine Notes to support Sentinel Capital Partners’ (“Sentinel”) investment in TriMech (or the “Company”).
