Align Capital Partners-backed Alliance Source Testing LLC has acquired METCO Environmental from TestAmerica, a subsidiary of Eurofins Scientific. METCO provides source emissions (or stack) testing services to customers primarily across the Texas and Gulf Coast regions with offices in Dallas, Houston and Baton Rouge.
METCO is considered a leader in the region providing source testing and air emissions services to chemical, oil & gas production and refining, demilitarization, power generation and other customers.
“Acquiring METCO adds experienced talent, resources, and expertise to AST, further cementing AST as the leader in the Gulf region and provider of choice for customers with the most complex testing needs,” AST CEO Chris LeMay said in a statement.
METCO President Rob Patterson added: “The partnership with AST is an exciting new chapter for METCO’s employees and customers. We have great pride in the personal service we’ve delivered to our customers over the decades; Alliance’s industry-leading service culture stood out to us and is the perfect partnership for the continuation of those efforts.”
AST currently has offices in each of METCO’s core markets. Combining the two companies is expected to deepen existing customer relationships, provide greater service for potential new relationships and drive operating leverage. METCO represents Alliance Source Testing’s fourth add-on acquisition since 2015. AST expects to continue to seek add-on acquisition targets for its growing platform.
ACP Managing Partner and Co-Founder Rob Langley said, “METCO and AST are a natural fit given the geographic overlap and similarity of cultures focused on providing the highest quality service to customers,” Align Capital Partners Managing Partner Rob Langley said in a statement. “We are excited to continue supporting the AST team as they build the Company’s leadership position within the stack testing sector.”
Operating Partner Dave Perotti, Principal Jack Parks and Associate Corey Roe worked alongside Langley on the transaction.