IIA Acquires Diversified Inspections / ITL, Inc. and CraneCare, Inc.
March 1, 2018 – Phoenix, AZ – Industrial Inspection & Analysis, Inc. (“IIA”)® USA expands its service offerings with the recent acquisition of Diversified Inspections / Independent Testing Laboratories, Inc. (“DI/ITL”) and CraneCare, Inc.
Originally founded in 1969, DI/ITL is the largest independent, third-party, safety and integrity inspection firms in the country specializing in on-site inspections of vehicle-mounted aerial lifts, digger derricks, fire trucks, airline ground support equipment and live-line tools for a variety of companies, public & private utilities and municipalities.
CraneCare, a sister company based in Albuquerque, NM, was founded in 1996. CraneCare is an all-inclusive overhead and mobile crane service company handling inspections, certifications, load testing, operator training, maintenance, part sales, and installations.
“The acquisitions of DI/ITL and CraneCare immediately establishes IIA as a continental leader in the heavy equipment/lifting equipment inspection industry” explains John Cote, CEO of IIA. “Combined with our recent acquisition of Domson, our reach in this very attractive sector spans the entire U.S. and a good portion of Canada. A key part of the IIA vision is serving a broad range of promising industries and diversifying our geographic presence. We believe that diversifying our industry and geographic exposure results in a steadier business built for the long-term that is better able to handle economic cycles. Our focus will continue to be on the customer, employee training, and investing in our capabilities.”
“We at DI/ITL and CraneCare are very proud to have built the leading platform for aerial lift/crane inspections programs over the past 49 years. I am pleased with all of our accomplishments and the individuals that will continue on with IIA,” states Leland Bisbee, President/CEO of DI/ITL and CraneCare. “The combination with IIA will offer our customers expanded NDT capabilities while continuing our joint commitment to the highest level of technical safety and integrity testing our customers have come to expect.”
With over 100 employees including 80 inspectors and technicians covering customers in all 50 states, the acquisition of DI/ITL and CraneCare significantly bolsters IIA’s existing aerial and lifting equipment service business established through the recent acquisition of Domson Engineering in December 2017. This transaction continues IIA’s strategy of building a network of inspection and testing brands that hold a competitive advantage and offer a strong value proposition to a long list of customers in a wide variety of end markets. The addition of DI/ITL and CraneCare is a great complement to IIA’s inspection and non-destructive testing brands, which includes US NDI, Fox NDE, and NDT Labs, as well as its engineering and analytical brands, which includes Domson Engineering, TIMCO Engineering, QC Group and Infinium NDE.