SPL Inc., a leader in testing, inspection, and certification (TIC) services for the energy industry and other end markets, has acquired AFS, formerly known as Assured Flow Solutions. SPL, headquartered in Houston, Texas, is a portfolio company of Industrial Growth Partners.
AFS provides critical laboratory, engineering, and tech-enabled consulting services to the global energy market. AFS helps manage the flow of oil and gas to minimize environmental impact and maximize revenue and safety to customers across the globe. Through this acquisition, SPL will provide customers with expanded laboratory testing, software and tech-enabled consulting capabilities, to help them optimize production, improve product performance characteristics and minimize associated environmental impact.
“Adding AFS to the SPL team helps us better support customers globally and bolster our Science-of-Sure approach to Testing, Inspection and Certification,” said Jeff Hibbeler, Chief Executive Officer of SPL. “With locations in Houston, Denver, Europe and Asia-Pacific, the AFS transaction will expand SPL’s footprint in key high growth markets and accelerate our ongoing international expansion. The acquisition also adds new application capabilities in the areas of flow assurance, asset integrity and ESG consulting, to SPL’s extensive TIC digital platform.”
“We are excited to be joining forces with SPL, a like-minded energy TIC company that values tech-enabled consulting and the power of data. The combination will help us better serve our combined global customer base and expand our digital platform to broader end markets,” said Tommy Golczynski, CEO of AFS. Tommy and Co-Founder Tony Spratt will both remain in key positions to help grow the combined business.
On September 22, 2021, SPL acquired AFS, f/k/a Assured Flow Solutions. SPL and IGP continue to seek add-on acquisitions that can enhance SPL’s position as a leading independent TIC services platform for the energy industry and other end markets. To learn more about SPL, please visit www.spl-inc.com.