Acquiring Company
Apex Industrial Services
Acquired Company
Advanced Technical Solutions
RiyadhSaudi ArabiaEnergyOil And GasDescription
Apex Industrial Services has acquired a majority stake in Advanced Technical Solutions, enhancing its industrial services platform with advanced inspection technology. This acquisition aligns with Apex's strategy of consolidating Saudi SMEs ahead of a Tadawul listing. ATS's expertise in pipeline inspection adds significant value to Apex's offerings. The move supports the objectives of Vision 2030 by promoting local content and technology transfer.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Advanced Technical Solutions?
Advanced Technical Solutions was acquired by Apex Industrial Services, based in Riyadh. The deal was reported on September 10, 2026. Apex Industrial Services has been serving Saudi Arabia's industrial sector since 1977. The company encompasses specialist businesses in energy, inspection, measurement and control, fire and safety, and resources. Apex Industrial Services is privately held and operates in Energy.
When did Apex Industrial Services acquire Advanced Technical Solutions?
Apex Industrial Services's acquisition of Advanced Technical Solutions was reported on September 10, 2026. Apex Industrial Services has acquired a majority stake in Advanced Technical Solutions, enhancing its industrial services platform with advanced inspection technology. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Advanced Technical Solutions do?
Advanced Technical Solutions specializes in advanced pipeline inspection and integrity solutions, employing various technologies such as In-Line Inspection and leak detection. It is privately held, and is based in Saudi Arabia.
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