Intertek Acquires Professional Service Industries, Inc.
CHICAGO, IL Intertek, a leading provider of quality solutions to industries around the world, has completed the acquisition of Professional Service Industries, Inc. (PSI), a leading engineering and testing firm providing integrated quality assurance services across a range of disciplines within the construction market. The acquisition recently gained regulatory approval and the transaction was finalized.
"The combination of services that Intertek and PSI can offer is a significant development for the industry," said Gavin Campbell, Intertek's Senior Global Vice President of Building and Construction. "We are now fully engaged, supporting both building product manufacturers and building construction developers of commercial, industrial, and residential buildings, as well as infrastructure projects such highways and railroads, allowing us to get closer to customers, and diversifying our testing and assurance service portfolio across the building product and project lifecycle."
This acquisition of PSI further engages Intertek beyond building products testing and certification and solidifies its position in the project section of the construction industry lifecycle. PSI's capabilities, which include infrastructure, geotechnical, and materials testing, facilities engineering, and environmental assurance, fully complement Intertek's field and mock-up testing and its building envelope and commissioning services. Together, the combined companies will offer a nationwide testing and assurance service portfolio across the project and building lifecycle, to a broader customer base. The acquisition comes on the heels of Intertek's purchase of MT Group, a materials testing and specialty construction firm in New York, New York.
"Joining the Intertek family is a huge development for PSI, our customers, and our industry," said Murray Savage, CEO of PSI. "By leveraging Intertek's domestic and global foot print, its field testing, and building commissioning services, we are able to offer a more complete solution to the industry. Our customers will be able to gain immediate benefit from the extended service offerings as we work to find new ways to partner with them."