Aurora Capital's NTS buys testing laboratories Fiarex and CEM
National Technical Systems Inc (NTS), a portfolio company of U.S. private equity firm Aurora Capital Group, has bought Canadian testing laboratories Fiarex and CEM for an undisclosed sum. Chambly, Québec's Fiarex specializes in mechanical and environmental testing, while Boucherville, Québec's CEM specializes in electromagnetic compatibility and interference testing. Jean-Pierre Rioux, president of the two acquired companies, said the deal will provides customers with a broader scope of test and inspection capabilities. Aurora bought Calabasas, California-based NTS in 2013.
26 January 2017•3 mins read
