Morgan City, LA



Investment Status


Investment Date

Aug 2010

Realized Date

Oct 2013

Sold to

Intertek Group plc

Global X-Ray is a specialized provider of quantitative non-destructive testing and evaluation solutions for the major oil and gas companies in the Gulf of Mexico and other key domestic energy markets. The company holds expertise in the fields of automated ultrasonic inspection, gamma and x-ray radiography, ultrasonic flaw detection, thickness gauging, magnetic particle testing, liquid penetrant testing, internal pipeline x-ray and erosion / corrosion evaluation for the inspection of pipelines and offshore production and drilling platforms.

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“We have benefited tremendously from the strategic and financial support Platte River has provided. We were able to focus our innovation and technical expertise on an expanded geographic region and customer base, and Platte River was a critical partner in our success.”

Chris Moreau, CEO

Global X-Ray

Testimonials and endorsements reflect Platte River's and portfolio company management's opinions and beliefs regarding the company and the investment. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Platte River's overall investment performance and cannot be independently verified. Such statements are being offered as references for purposes of demonstrating the benefits of working with the Platte River team and not for the purpose of soliciting investors. Portfolio company executives receive/received a salary and economics from the portfolio company. No executives were paid for their testimonial or endorsement. There is a conflict of interest in these unpaid testimonials and endorsements in that all speakers stand to benefit from Platte River’s success, and they work/worked for a Platte River portfolio company.



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