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Karanović & Nikolić Advises On AmSpec’s Acquisition Of Agri Services

The services performed by the Karanović & Nikolić team - led by Milos Jakovljević, included the due diligence of Agri Services, negotiating the transaction and drafting transaction documents.

AmSpec is an international independent inspection and testing company headquartered in Cranbury, New Jersey. It services companies from the Petroleum, Chemical, Gas & Agricultural industries for over 30 years. AmSpec operates state of the art testing facilities throughout the United States, Canada, Caribbean, Europe, Asia, Central & South America and Australia.

In July 2016, AmSpec was acquired by Olympus Partners, a private equity and venture capital firm from Connecticut, USA. The company has an established presence in attractive markets with a broad, blue chip customer base. AmSpec's management stated its continued commitment to a growth strategy through acquisitions, further investment in the company's facility network and expansion to new customers and untapped geographies.