Precision Inspection Services, LLC (“Precision”), a leading provider of non-destructive examination, inspection, and testing services for the chemical and petrochemical industries, has announced a strategic partnership with Cotton Creek Capital (“Cotton Creek”), a private equity firm specializing in lower middle-market businesses.
Headquartered in Geismar, Louisiana, with additional offices in Sulphur, Louisiana, and Beaumont, Texas, Precision plays a pivotal role in ensuring the mechanical integrity of assets for chemical production facilities across the U.S. Gulf Coast. The company provides critical weld testing and inspection services, specializing in radiographic, ultrasonic, and eddy current examinations. Precision’s clientele includes some of the most complex and high-profile chemical production plants worldwide, where operational safety, process efficiency, and compliance with industry standards are paramount.
The acquisition will see Precision continue under the leadership of its founders, CEO A.J. Smith and President Chris Petitto, who will retain significant ownership stakes. The leadership duo expressed confidence in the partnership, emphasizing its alignment with Precision’s long-term vision. “Precision is dedicated to forming lasting relationships with our clients, built on trust and transparency and with a commitment to safety, quality, and excellence,” said Smith and Petitto. “We are excited to partner with Cotton Creek and to continue building on our history of success. Cotton Creek’s experience in industrial services, shared values, and operational approach represented an ideal fit for Precision as the Company enters its next phase of growth.”
Cotton Creek Capital, known for its strategic investments in industrial services and founder-led businesses, sees this collaboration as a significant growth opportunity. “Chris and A.J. have built a remarkable business fulfilling a critical function within the chemical production value chain,” said Lee Rash, Partner at Cotton Creek. “We are excited to be a part of the Precision story, and look forward to jointly executing on the numerous geographic and capability expansion opportunities in front of Precision.”
Cotton Creek’s investment in Precision is facilitated through Cotton Creek Capital Partners IV, L.P., continuing its commitment to partnering with high-performing businesses in the industrial sector. With this collaboration, Precision is poised to further expand its service offerings and geographic footprint, reinforcing its leadership position in the industry.
