Single Family Office

Updated:

Premium Inspection & Testing Group

Premium Inspection & Testing Group (PIT) holds Acuren, an industrial services firm tracing its history to 1974.

Premium Inspection & Testing Group

Premium Inspection & Testing Group (PIT) holds Acuren, an industrial services firm tracing its history to 1974. The family office structure allows PIT to focus on long-term ownership of Acuren rather than seeking a liquidity event. Acuren offers nondestructive testing, inspection, engineering, and rope access services across North America and the UK. The company serves industries including oil & gas, pipeline, nuclear power, aerospace, mining, power generation, and wind energy. In 2023, Acuren merged with NV5 to expand into geospatial, infrastructure, and compliance solutions (per the firm). Acuren's success stories include emergency repair of a pressure vessel and fossil preservation using computed radiography. Acuren employs engineers, NDT technicians, and rope access specialists across its network. In 2025, Forbes named Acuren one of Canada's Best Employers, ranking #23 nationwide and #1 in Alberta (per Forbes, 2025). The company maintains an industry training program and invests in advanced robotics and ultrasonics for inspections. PIT's differentiation lies in owning a capital-intensive industrial service business that delivers critical asset integrity work. The firm benefits from regulatory tailwinds and the essential nature of inspection and maintenance for infrastructure and energy assets.

General information

Firm type

Single Family Office

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Baton Rouge

Corporate office

Baton Rouge, LA, United States

Sector focus

Industrial ServicesInfrastructureEnergy

Frequently asked questions

Who controls Premium Inspection & Testing Group?

Premium Inspection & Testing Group is a single family office. The principals are not publicly named; the office holds Acuren, the industrial services firm. The structure suggests a family ownership arrangement typical of industrial operating companies.

Does Premium Inspection & Testing Group make direct investments beyond Acuren?

The family office's public presence centers on Acuren. No other portfolio companies or direct investments are disclosed. The firm appears to function as a holding entity for Acuren rather than a multi-strategy investment office.

What is Acuren's market position?

Acuren claims to be the largest nondestructive testing and inspection company in North America (per the firm). The company offers NDT, engineering, rope access, and industry training services across sectors including oil & gas, nuclear power, aerospace, mining, and power generation. Its merger with NV5 in 2023 expanded capabilities into geospatial and infrastructure services.

Does Premium Inspection & Testing Group or Acuren invest in external funds or managers?

No public evidence exists that Premium Inspection & Testing Group or its principals allocate capital to external fund managers. The family office's known activities are limited to operating Acuren.

Where is Acuren headquartered?

Acuren's website lists Baton Rouge, Louisiana as the headquarters location. The firm operates across the United States and the United Kingdom with additional offices likely distributed regionally to serve industrial clients.

What training and certifications does Acuren offer?

Acuren provides a range of NDT/NDE training programs — including traditional and advanced methods — to produce skilled inspectors. The company's training is backed by rigorous safety and quality programs and is intended for industrial professionals.

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