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Amberjack Capital Partners Announces Successful Exit of Entegra to NDT Global

Amberjack Capital Partners (“Amberjack”), a Houston-based private equity firm focused on critical infrastructure services, today announced the successful sale of its portfolio company Entegra to NDT Global. Entegra is a premium integrity and inspection company specializing in Ultra-High-Resolution Magnetic Flux Leakage (“UHR MFL”) in-line pipeline inspection services. NDT Global is a leading provider of advanced diagnostic inspection and integrity solutions for the energy sector. The terms of the transaction were not disclosed.

In 2016, Amberjack partnered with the Entegra team to accelerate the Company’s development into a leading provider of technology-enabled integrity solutions for pipeline infrastructure. Under Amberjack’s ownership, Entegra experienced significant growth, solidified its market leadership position, and expanded its technological capabilities. Today, Entegra is recognized globally for its high-performance tools, raising the bar for pipeline safety and reliability.

“Amberjack is incredibly proud of what the Entegra team has accomplished in building a category-defining business,” commented Jason Turowsky, Managing Partner of Amberjack. “We are deeply appreciative of the longstanding partnership with management, particularly CEO Mark Olson and CTO Paul Pirner, and applaud the entire Entegra organization for their leadership and success. It has been a privilege to support Entegra through this period of rapid growth and its transformation into a market leader. We look forward to watching the Company’s continued success in the years ahead.”

Mark Olson, CEO and Chairman of Entegra, added, “Amberjack has been a dedicated and supportive partner over the past ten years, helping us scale the business and execute on our vision. Their strategic guidance and commitment to our team were critical to building Entegra into the company it is today. We’re proud of what we’ve accomplished together and look forward to the next chapter.”

Baird served as exclusive financial advisor and Sidley Austin LLP served as legal counsel to Entegra in connection with the transaction.

About Entegra

Recognized as the industry leading, trusted supplier of in-line inspection services for corrosion, 3rd party damage, pipe grade classification, hard spot assessment, and for assessing the effectiveness of cathodic protection systems for oil and gas pipelines, Entegra provides the most thorough, clear, and nuanced knowledge about the condition of pipelines inspected. The Company offers ultra-high resolution axial MFL, circumferential MFL, Caliper, low-field, GPS mapping, and cathodic protection current mapping services for critical energy infrastructure. Learn more at www.entegrasolutions.com.

About Amberjack Capital Partners

Amberjack Capital is a private equity firm that invests in and partners with entrepreneurs and business owners to build market leaders serving the industrial, infrastructure and environmental services end markets. Often the first institutional investor in founder-led companies, Amberjack has a particular focus on supporting high performing companies undertaking strategic or transformative initiatives. Headquartered in Houston, TX, the firm has raised $2.1 billion of committed capital since its inception in 2006 and has invested in over 50 companies.

About NDT Global

NDT Global is the leading provider of in-line diagnostic solutions, integrity management and subsea robotics solutions, offering advanced data insights and services that ensure the safety and longevity of energy-sector infrastructure assets. Recognized as the forerunner in ultrasonic inspection innovations—including Pulse Echo, Pitch-and-Catch, Phased Array, and Acoustic Resonance (ART Scan) technologies—the company continues to push technological advancement and the introduction of revolutionary new inspection technologies, including gas pipelines, to ensure the safety of its customers’ critical assets. NDT Global employs approximately 880 people. Learn more at www.ndt-global.com.

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