Caymus Equity Partners, LLC (“Caymus Equity”), a leading lower-middle market private equity firm, has announced that its portfolio company, FST Technical Services, Inc. (“FST” or the “Company”), has acquired AMA Consultants Corp. (“AMA”). Headquartered in Braselton, GA, AMA provides cleanroom monitoring, process piping inspections, nondestructive testing and inspection, and quality control services for the biopharmaceutical industry. This acquisition is part of FST’s strategic goal of becoming a diversified provider of mission-critical, outsourced technical services to a wide range of customers, including those in the semiconductor, biopharmaceutical and telecommunications industries.
“AMA provides FST with a strong platform to fuel the Company’s growth within the biopharmaceutical vertical, bringing with it a well-established reputation in an industry with high barriers to entry,” said Troy Hall, CEO of FST. “Pairing AMA’s reputation with FST’s scale will allow us to continue expanding our industry-leading services to clients in the biopharmaceutical industry.”
The transaction represents FST’s second strategic acquisition since Caymus Equity led a majority recapitalization in November 2013, and is part of FST’s industry diversification strategy.
The transaction closed on March 8, 2018. To learn more about FST, visit fsttechnical.com.