Taurus Industrial Group Acquires Bolttech Mannings
Growing its Footprint in the Power Generation Market and Adding Highly Technical Services to its Offering
DEER PARK, Texas–(BUSINESS WIRE)–Taurus Industrial Group (“Taurus”), a portfolio company of SCF Partners (“SCF”), is pleased to announce its acquisition of Bolttech Mannings, Inc. (“BMI”), a leading provider of technical bolting, heat treating, leak sealing, and non-destructive testing services to the North American power generation, downstream, and industrial markets. BMI’s service offerings, geographic footprint, and customer relationships are highly synergistic with those of Taurus and help increase its presence in key industry sectors.
“We’re excited to add Bolttech to the Taurus Industrial Group family,” says Hari Gopu, CEO of Taurus. “With BMI’s strong capabilities and complimentary offerings, we’ll now be able to offer our core customers additional, and complimentary, capabilities across technical bolting and torquing, heat treating, leak sealing, and hot tapping services as well as expand our offerings to new blue-chip customers in the power, energy and industrial markets.”
“BMI is a key addition to the leading industrial services platform the Taurus team has built,” says Garrett Jackson, Director at SCF Partners and Taurus board member. “We look forward to supporting management‘s efforts to capitalize on the significant cross-selling opportunities and continue building out a broader service offering that meets the evolving needs of our customers.”
About Bolttech Mannings
Bolttech Mannings, with its subsidiaries Red Flame Industries, AM Inspection, and Global Tooling Services, has been a leader in specialty industrial bolting and torquing, hot tapping, and thermal technologies for a variety of industries for nearly 35 years. BMI’s dedicated technicians have experience in the power generation, steel, natural gas transmission, and petrochemical industries. The company has differentiated itself by providing the world’s most efficient full line of OEM industrial bolting tools, induction, combustion and resistance products. Learn more at www.bolttechmannings.com.
About Taurus Industrial Group
Taurus Industrial Group brings together familiar and highly regarded service providers with an outstanding combination of people and know-how, safely delivering high-performance solutions to operators in the ever-growing industrial and energy landscape. From engineering to implementation, the Taurus companies provide services for electrical and power systems, automation and control instrumentation, civil and mechanical projects, rotating and reciprocating equipment maintenance, piping and structural steel fabrication, refractory, scaffolding, insulation, paint and coatings. With principal offices in Houston, Texas, and localized service facilities in Corpus Christi, Port Lavaca, Freeport, Deer Park, Orange, Baton Rouge and Decatur (IL), the Taurus companies cover the US Gulf Coast and Midwest with capability, reliability and strength. Learn more at www.taurusig.com.
Contacts
Daniel Frayne
Daniel.frayne@taurisig.com
