Capstreet acquires Lafayette’s Analytic Stress Relieving

Capstreet, a Houston-based lower middle market private equity firm, announced last week that it has acquired Lafayette-based Analytic Stress Relieving Inc., a provider of on-site heat-treating services.

Founded in 1979, ASR provides heat treatment services to customers that span the industrial sector, with a particular focus in the petrochemical, refining, power and other industrial markets. ASR helps ensure the integrity of metal infrastructure through a variety of heat-treating methods.

The company operates out of 14 locations in North America and has an expansive fleet of heat treatment consoles, mobile rigs, induction and combustion equipment, and fixed-base furnaces. Read more.