PE-backed Proserv acquires KRG

According to a news item on its site, KRG Industries has been acquired by Proserv. The seller was Torishima. No financial terms were disclosed. Based in the UK, KRG is a provider of precision engineering services to the oil & gas and aerospace & defense sectors. Proserv is backed by Intervale Capital. To read further details about the acquisition, visit here.

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