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MISTRAS ACQUIRES RAC GROUP, CANADIAN–BASED ROPE ACCESS SERVICE PROVIDER

Princeton Junction, NJ - June, 2017 - MISTRAS Group, Inc. is pleased to announce the acquisition of RAC Group, a rope access service and training provider headquartered in Calgary, Alberta–Canada. During the transition period, RAC Group will maintain its existing name, administrative structure, locations, and personnel.

RAC Group specializes in rope access inspection and mechanical services, spanning the oil & gas, civil infrastructure, and alternative energy industries. The company’s solutions include non-destructive evaluation (NDE) techniques, unmanned inspections, and coating, electrical, and insulation services. RAC Group operations and training are certified by the Industrial Rope Access Trade Association (IRATA) and the Society of Professional Rope Access Technicians (SPRAT). In addition to its Calgary headquarters, RAC Group also has locations in Vancouver, British Columbia; Fort McMurray, Alberta; and Las Vegas, Nevada–USA.

“MISTRAS has built a legacy of utilizing multi-disciplined personnel to meet each of our client’s asset protection needs. The RAC Group team builds upon that tradition,” said Dr. Sotirios J. Vahaviolos, Chairman and Chief Executive Officer of MISTRAS Group.

“We’re excited to bolster MISTRAS’ strong access and mechanical services capabilities, and for RAC Group to take advantage of MISTRAS’ deep resource pool, so we can continue to bring great value to our customers,” said Morgan Portet.

For more information on RAC Group, visit www.rac-int.com or call 403-264-2023.

About RAC Group
Since 2009, RAC has been a provider of industrial rope access services in North America. With over 400,000 hours of operation across the continent, the company has become a leading innovator and employer in the access solution industry. RAC Group is an IRATA & SPRAT certified operation & training company. For more information, please visit the company’s website at www.rac-int.com.

About MISTRAS Group:
MISTRAS is a leading "one source" global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. Mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions.

MISTRAS uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (MI) and non-destructive testing (NDT) services; destructive testing (DT) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (PCMS™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.

For more information, please visit the company's website at http://www.mistrasgroup.com or contact Nestor S. Makarigakis, Group Director, Marketing Communications at marcom@mistrasgroup.com.

The information posted is as of the date indicated and, to our knowledge, was timely and accurate when posted. We are under no obligation to update or remove outdated information other than as required by applicable law or regulation.
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