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Team Industrial Services
Team Industrial Services was founded in 1973, and traces its heritage to the 1920s leak-sealing pioneer Furmanite, which TEAM later acquired.
Team Industrial Services
Team Industrial Services was founded in 1973, and traces its heritage to the 1920s leak-sealing pioneer Furmanite, which TEAM later acquired. The company is headquartered in Sugar Land, Texas, and positions itself as a technology-enabled asset integrity management provider, according to its website. The firm's TEAM360 platform unifies non-destructive testing, robotics and drone inspections, leak detection and repair (LDAR), greenhouse gas control, methane emissions reduction, on-stream repair, hot tapping, field machining, composite repairs, and heat treating. It also offers digital solutions including the ONEINSIGHT connected worker platform and remote monitoring. TEAM serves aerospace, manufacturing, mining, pipeline, power, pulp and paper, refining, petrochemical, chemical, data center, and waterworks markets globally. TEAM claims a long legacy of innovation and has a technical school in Alvin, Texas, with facilities for NDE/NDT training, heat treating, and mechanical services. The company publishes a 2024 Sustainability Profile detailing environmental stewardship, safety, and governance practices. No AUM, deployment numbers, named principals, or recent operational events beyond the sustainability report are publicly disclosed. TEAM's structural differentiator is its integration of inspection, repair, heat treatment, and digital monitoring into a single service system — TEAM360 — rather than offering standalone services. Its ownership structure and succession plan are not publicly documented.
General information
Firm type
Asset Manager
Year founded
1973
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Sugar Land
Corporate office
Sugar Land, TX, United States
Sector focus
Frequently asked questions
Who runs investment decisions at Team Industrial Services?
Team Industrial Services does not publicly name an investment committee or CIO on its website. The firm's executive leadership page is not available in the scraped source, so no decision-makers are confirmed.
How does Team Industrial Services source proprietary deal flow?
The firm is a service provider, not an investment vehicle. It sources clients through its industry-specific solutions (refining, petrochemical, power, pipeline, etc.) and its TEAM360 integrated service system, rather than through traditional proprietary deal flow.
Is Team Industrial Services structured as a single family office or does it operate more like a venture firm?
Team Industrial Services is not a family office or venture firm. It is an industrial services company providing asset integrity management across multiple sectors. Its structure is corporate, with a board of directors and executive leadership listed on its site.
Does Team Industrial Services participate in fund commitments or only direct deals?
Team Industrial Services does not participate in fund commitments. It is an operating company that provides inspection, repair, and monitoring services directly to industrial clients.
What investment stages does Team Industrial Services typically target?
Team Industrial Services is not an investor. It targets clients across the full asset lifecycle — from design and construction through operations, maintenance, and decommissioning — as a service provider.
How is Team Industrial Services related to its legacy brands like Furmanite?
Team Industrial Services traces its heritage to the Furmanite leak-sealing company, founded in the 1920s. TEAM acquired Furmanite and now integrates its expertise into the TEAM360 service system, per the firm's website.
Where does the underlying wealth come from for Team Industrial Services?
Team Industrial Services is a publicly traded company (NYSE: TISI) and does not have private wealth origin. Its capital comes from public equity markets and operations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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