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Merit Capital Partners and 24/6 Capital Partners acquire NDT company

Merit Capital Partners and 24/6 Capital Partners have announced the acquisition of Tulsa Gamma Ray and Texas Gamma Ray (TGR). The business, based in Houston, now operates under the name TGR Industrial Services. Industry veteran Matt Sisson has been named CEO of TGR, and Tom Crews has been named CFO. Pete Moss, former owner and longtime CEO of TGR, remains an investor in the business and a member of the company's board of directors.

The company provides NDT and stress-relieving services that help ensure code compliance and the integrity of critical pressurized systems. It serves the refining, petrochemical, chemical, transmission, power, offshore, aerospace and defense, manufacturing, and industrial markets.

TGR Industrial Services has eight locations throughout the U.S., in addition to numerous project locations.