On-Site Stress Relieving Services (OSR)

Acquired by Industrial Thermal Services a portfolio company or Amberjack Capital

Industrial Thermal Services (ITS), a leading provider of industrial heat treatment and specialty services, has acquired On-Site Stress Relieving Services (OSR), a regional expert in post-weld heat treating (PWHT) and stress relieving. Carriage Hill acted as advisor to Industrial Thermal Services on the transaction.

Supported by Amberjack Capital Partners, the acquisition strengthens ITS’s national footprint, adding OSR’s locations in Tulsa, OK; Houston, TX; and Topeka, KS. With this move, ITS expands to 10 nationwide locations and gains additional seasoned team members known for technical precision, 24/7 field service, and a strong safety culture.

Industrial Thermal Services, based in Nederland, TX, is a provider of post weld heat treatment and specialty plant services intended for industrial applications in the oil & gas, petrochemical and energy sectors.

Amberjack Capital is a specialized private equity firm that invests in and partners with entrepreneurs and business owners to build market leaders serving the industrial, infrastructure, and environmental end markets. Headquartered in Houston, the firm has raised $1.9 billion of committed capital since its inception in 2006 and has invested in over 50 companies.