CRTS Global LLC (CRTS), a portfolio company of Voyager Interests and a Houston-based private equity firm announced its acquisition of RAE Energy’s coatings business (RAE Coatings). The acquisition allows CRTS to deliver internal and external pipeline field joint coating solutions for the offshore sector.
CRTS is a global provider of internal robotic field joint coating services for onshore and offshore natural gas, crude oil, potable water, salt water, hydrogen and carbon capture pipelines. RAE Coatings is a technological provider in the application of protective external coatings for offshore pipelines.
The acquisition of RAE Coatings expands CRTS’ external field joint coating capabilities to deliver a comprehensive suite of services for pipeline and spool base customers worldwide, including specific services such as IMPP, EMPU, IMPU, PUF, flame spray PP/PE, patented rapid 3LPP/3LPE WehoCoat, and specialized custom coatings.