Calvert Street Portfolio Co. Inspects, Acquires Two
January 23, 2013
Inspection Oilfield Services, a Calvert Street Capital Partners portfolio company that provides inspection services to the oilfield industry, has acquired two complementary companies: JC Inspection and Xxtreme Pipe Services. Both of the acquired companies are based in Texas. JCI, with locations in Houston and Midland, provides drill tool inspection and repair services, while Xxtreme provides inspection, API threading, repair and storage services for oil country tubular goods (OCTG) in Houston and south Texas. IOS, a Calvert Street platform since January 2011, operates 28 fixed locations across the continental United States with a presence in all its major shale plays.