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National Technical Systems Gets $14M In PIPE

socalTECH

Calabasas-based National Technical Systems , which provides testing and engineering services, said today that it has raised $14M in a private placement. The firm said it raised the debt and equity with Mill Road Capital. The firm said the new funding will go towards one or more future acquisitions by the company.

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National Technical Systems Buys Testing Firm

socalTECH

Calabasas-based National Technical Systems , the provider of testing and engineering services, said today that it has acquired Ingenium Testing. NTS--which is publicly held--said the acquisition as funded via a $14M, private placement of debt and equity with Mill Road Capital, completed the last week of June.

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