QS: Team buys Qualspec from Clearview Capital

Clearview Capital has sold Qualspec Group to Team Inc for a total cash consideration of $255 million. The value of the deal may increase by $10 million depending upon Qualspec's operating results through the end of the year. Houlihan Lokey advised Team on the transaction. Headquartered in Deer Park, Texas, Qualspec is an industrial inspection firm.