FST Technical Services

Private | Buy-Side | Horizon Engineering Associates, LLP

Provider of a full range of Testing, Inspection & Certification (“TIC”) services to mission critical manufacturing operations of companies in the semiconductor, life sciences, R&D, energy, data center and other industries.

Case

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to FST Technical Services, LLC (“FST” or the “Company”), a portfolio company of Arena Investors, LP (“Arena”) in the acquisition of Horizon Engineering Associates, LLP. (“HEA”). Delancey Street provided buy-side M&A advisory services to FST.

December 2020
FST
Acquisition of Horizon Engineering Associates, LLP
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to FST

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to FST Technical Services, LLC (“FST” or the “Company”), a portfolio company of Arena Investors, LP (“Arena”) in the acquisition of Horizon Engineering Associates, LLP. (“HEA”). Delancey Street provided buy-side M&A advisory services to FST.

About

December 2020
FST
Acquisition of Horizon Engineering Associates, LLP
Sector: Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to FST

Situation

FST Technical Services is a provider of a full range of Testing, Inspection & Certification (“TIC”) services to mission critical manufacturing operations of companies in the semiconductor, life sciences, R&D, energy, data center and other industries. The Company’s TIC service offering includes QA/QC, testing, commissioning, equipment services, technical lab services, technical staffing and training. FST’s core expertise is providing technical and logistical solutions for complex manufacturing operations by continually investing in the most advanced equipment and training to meet the needs of rapidly changing industries. The Company’s customers are some of the largest manufacturers in the world. FST is headquartered in Chandler, AZ.

HEA is a professional engineering firm specializing in building commissioning and LEED services across the United States. The company is a leading provider of specialized building commissioning services and has served as commissioning authority for more than 90 million square feet and $20 billion in construction cost. HEA has offices across the country and has one of the largest and most respected staffs of Certified Commissioning Professionals and LEED Accredited professionals in the nation.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders, and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising, and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Business Services & Technology, Healthcare, Industrial & Industrial Technology, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

For additional information about this transaction, please contact:

Patrick E. Dolan

Managing Director Phone: (484) 533 – 6311

Patrick E. Dolan

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