Location

Morgan City, LA

Industry

Energy Products & Services

Investment Status

Realized

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 industry-leading 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 are provided to demonstrate the benefits of working with the Platte River Team. They are not provided to solicit limited partners in a Platte River Fund. Some portfolio company executives featured in the testimonials may also have an interest in a Platte River Fund; such executives’ testimonials are not offered on the basis of being an investor in a Platte River Fund but rather as an executive who works with the Platte River Team.

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