Orbit Industries
Orbit Industries

Transaction Snapshot:

Service Type:
Sell-Side Advisory
Industry:
Industrial Services, Testing, Inspection & Certification
Ownership:
Family Owned
Location:
Ohio, Pennsylvania & New York
Buyer Type:
Strategic

Confluence Advisors, LLC (“Confluence”) is pleased to announce that it advised Orbit Industries, Inc., a leading provider of nondestructive testing (“NDT”) services on its sale to Element Materials Technology. 

Headquartered near Cleveland Ohio, Orbit is a Nadcap and ISO 17025 accredited laboratory that also operates out of four other satellite inspection facilities across Ohio, Pennsylvania and New York. With over 30 prime approvals, Orbit, a leader in the NDT industry, specializes in ultrasonic, liquid penetrant, magnetic particle and chemical processing for raw materials, semi-finished and finished products, including landing gear components, airfoils and aluminum wheels. 

John Alexandrovic, CEO, Orbit, commented ‘’Since our formation in 1965, we have become one of the leading providers of NDT services to aerospace primes and Tier 1 suppliers in the United States. We see partnering with Element as an opportunity to expand our capabilities and capacity, so we can continue to offer our customers testing solutions of the best quality, lead time and price in the industry.’’ 

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