August 13, 2021 in Articles, Press Release
San Diego, CA – July 22, 2021 – Quality Built, LLC a leading third-party testing and inspection service provider focused on quality assurance and sustainability-related inspections, announced today the acquisitions of DuctTesters, Inc. (“DuctTesters”) and SMC Systems Holdings, Inc. (“SkyeTec”). With the acquisitions, Quality Built becomes the market leader in testing and inspection services to the residential and commercial construction industries.
The combination will enable Quality Built to rapidly deliver a broad array of engineering, testing, and inspection services across a national footprint. Customers will benefit from a single source for a deep bench of technical expertise across the entire building lifecycle. The combination was supported by Gallant Capital Partners (“Gallant”), the majority owner of Quality Built, who will continue to invest significant capital into the combined business to further expand and deepen the suite of services that Quality Built delivers to its customers.
"We are excited about the opportunity to partner with the DuctTesters and SkyeTec teams in order to continue to deliver solutions-oriented services to our customers,” said John Gillett, CEO of Quality Built. “The ability to leverage the combined platform’s advanced testing and inspection capabilities will provide our customers with the most complete and cost-efficient solution in the market. In addition, we could not be happier to have Gallant as our partner and look forward to leveraging their operational capabilities to help us accelerate our growth. Together, we will continue to search for opportunities to acquire and integrate with leading testing and inspection businesses to provide our customers with the best possible services.”
“The combination with Quality Built is a perfect fit,” said Dave Hegarty, Founder and CEO of DuctTesters. “We see an enormous opportunity to leverage our combined platform to deliver a comprehensive suite of best-in-class testing and inspection services to our customers. Our customers, employees and partners will all benefit from the capital, resources, and experience that Quality Built and Gallant bring to the table.”
“We chose Quality Built because we have shared values when it comes to the importance of delivering solutions-oriented testing and inspection services to our customers,” said Ted Nelson, Founder and President of SkyeTec. “Quality Built’s footprint and ability to swiftly deploy technical experts in support of our customers will enable us to rapidly expand the combined business. Our existing clients and partners should all be thrilled with our ability to expand our capabilities by joining Quality Built.”
“Quality Built is a natural strategic fit with DuctTesters and SkyeTec. We strongly believe in Quality Built and are excited to support the management team through its growth. The combination of these businesses will create the leading testing and inspection services platform serving the residential and commercial construction industries,” said Anthony Guagliano, Partner at Gallant.
About Quality Built
Quality Built is a leading third-party testing and inspection service provider focused on sustainability and quality assurance related inspections. The company provides a broad range of services, including its core offering of quality assurance services for single-family, multifamily, and commercial construction. Quality Built delivers its quality assurance services through a purpose-built software platform and robust proprietary database, which enables its customers to mitigate risk, limit construction defect claims and analyze and track the progress of individual projects in real-time. For more information, please visit: www.qualitybuilt.com.
About DuctTesters
DuctTesters is a leading provider of sustainability consulting, engineering, testing, and inspection services, with a focus on promoting energy efficiency for new residential and commercial construction. The company offers a broad array of sustainability services, including energy modeling, HERS rating, 45L tax credit processing, and energy diagnostic testing.
About SkyeTec/SkyeTec Engineering
SkyeTec/SkyeTec Engineering is a leading provider of sustainability and quality assurance consulting, testing, and inspection services, including mechanical, electrical, and plumbing inspection services for the residential construction industry. The company also offers an extensive array of quality assurance and sustainability services, including energy modeling, HERS rating, 45L tax credit processing, energy diagnostic testing, and building code inspections.
About Gallant Capital Partners
Gallant Capital Partners is a private equity firm that invests in technology, industrial and business services companies. Gallant executes on an operationally focused investment strategy with a focus on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, family-owned companies and management teams to maximize value and long-term, sustainable growth for portfolio companies. Gallant Capital Partners was founded in 2018 and is headquartered in Los Angeles. For more information please visit: www.gallant.com