Essex-based business celebrates international acquisition

Essex-based business celebrates international acquisition

Essex-based petrochemical asset cleaning and maintenance solutions provider, Tube Tech has been acquired by Integrated Global Services, Inc. (“IGS”), a leading provider of thermal spray and other surface protection solutions.

Founded in 1988, Tube Tech has grown to an international operation from its headquarters in Rayleigh, Essex where it also runs its multi-million-pound research and development programme. In 2018 the company established US operations in Houston, Texas and has become a maintenance service provider to many of the world’s leading petrochemical brands.

With more than 30 years experience helping customers evaluate and solve critical surface engineering challenges, IGS has the largest global footprint in the sector, delivering its proprietary solutions on six continents.

Tube Tech leads the market in the research and development of innovative fouling removal technologies, and its pioneering research and development program has included the launch to market of the world’s first robotic fouling removal solutions guaranteed to restore assets to design efficiency regardless of fouling.

“We could not be more excited to introduce Tube Tech to our global customer base,” said Rich Crawford, President and CEO of IGS. “This transaction significantly expands IGS’ portfolio of specialty services and enables us to directly address both fouling protection and maintenance to enable world-class asset performance for our clients. Our acquisition of Tube Tech represents another step in IGS’ mission to be the most valued provider of engineered surface solutions in the world for mission-critical equipment.”

“We are delighted to be part of IGS,” says Tube Tech’s managing director Jon Camp. “There is a vast amount of experience and capability between the two organizations, with aligned values and a shared mission to innovate and transform. This acquisition enables a sharing of people, products and services that will offer capability levels unique to the industry. The benefits and returns on investment for our customers are significant, from increased asset uptime and shorter turnarounds to enhanced reliability and seamless access to the most innovative and effective solutions on the market.”

Jones Day served as legal advisor to IGS and JFLCO. ReSolve Corporate Finance served as financial advisor to Tube Tech.

Pictured: Rich Crawford, President and CEO of IGS (left) with Tube Tech MD

About Integrated Global Solutions (IGS)
Based in Richmond, VA, IGS is an international company with over 30 years of experience in providing in-situ internal thermal spray surface protection solutions, internal ceramic coating solutions, and environmental products that focus primarily on metal wastage reduction, corrosion mitigation, process efficiency improvements and emissions reduction. Specializing in customized, engineered solutions, IGS is the largest provider of in-situ thermal spray and ceramic surface protection.
IGS, a portfolio company of investment affiliates of J.F. Lehman & Company (“JFLCO”), maintains global operations with locations across the U.S., Canada, Europe, the Middle East, Africa, and Asia.
For more information on our global service capabilities, along with details on how to contact IGS personnel who can support your needs, refer to the IGS website at www.integratedglobal.com/contact-us/ or through email to info@integratedglobal.com.

About Tube Tech:
Founded in the UK in 1988, Tube Tech is the global leader in research-led, high-tech fouling removal and inspection services, constantly investing in and developing tried and tested, step-change methods to solve heavy industries’ most difficult cleaning challenges.
Tube Tech’s patented methods, including remotely operated robotic technology, achieve significant savings, reduce downtime and CO2 emissions, increase throughput and improve safety standards. In 2019 Tube Tech’s robotic technology was granted government funding as part of Horizon 2020, the biggest European Union research and innovation program to date. Its patented Shell Side Jet solution will deliver the very first technology to effectively remove fouling from the outside heat transfer surface of shell and tube exchangers.