Confluence Advisors is pleased to announce that it advised West Penn Non-Destructive Testing, LLC, a leading provider on non-destructive testing services, on its sale to Mistras Group, Inc. (NYSE:MG).
West Penn, headquartered in New Kensington, Pennsylvania, with additional locations in Richburg, South Carolina and Savannah, Georgia provides a wide variety of non-destructive testing services primarily serving aerospace clients, but also provides testing services for the metals, automotive, manufacturing, military and automotive industries. West Penn is Nadcap accredited, ISO 9001 and AS 9100 certified, and complies with an extensive array of client and industry codes and specifications.
West Penn's President Jim DeCellis will function as Mistras Group's regional manager overseeing the West Penn business as part of the Company's Services segment.
Chief Executive Officer Dennis Bertolotti stated, "We are excited to welcome West Penn to Mistras Group. The entire West Penn team has been extremely focused on developing strong relationships with tier one and tier two suppliers and supports important new product innovations within the aerospace industry. West Penn is not only an important addition to our team, but also a key part of our strategy to increase our aerospace business and our focus on new aerospace engine programs."
Confluence Advisors acted as exclusive financial advisor to West Penn Non-Destructive Testing, LLC and Metz Lewis Brodman Must O’Keefe LLC provided transaction counsel.