News: I-care Announces Acquisition of Lindsay Engineering

PRESS RELEASE

Acquisition strengthens I-care’s growth and capabilities in the predictive maintenance and reliability solutions market.

Houston, TX, July 6th, 2021 – Texas-based I-care Reliability Inc. announced today the acquisition of California-based Lindsay Engineering. I-care Reliability Inc. is a Houston, Texas-based company (HQ2-Americas) that provides a suite of predictive maintenance, reliability and staff augmentation services for industrial manufacturers. Founded in 1998, Camarillo-based Lindsay Engineering delivers full-service condition monitoring solutions, PdM consulting & training, and integrated products across the energy and industrial manufacturing sectors.

The combined company expands its breadth of capabilities to improve asset and process performance, reduce maintenance costs and mitigate risks through the application of innovative methods, technologies and products. The company’s solutions will continue to enable better client decisions to improve their operational efficiency and maintain a competitive edge in the evolving digitalization age.

Ben Detober, CEO of I-care Reliability Inc. commented, “We are extremely excited to be expanding our regional footprint, domain expertise, and capabilities by adding Lindsay Engineering to the I-care family. Together, we will be in a better position to play a broader role in helping clients improve their business outcomes as they navigate their Industry 4.0 transformation.”

“Today marks an exciting new chapter for Lindsay Engineering, one where we will be able to accelerate and expand on our mission to help clients extend their assets life cycle and improve their bottom line while safely maintaining their equipment,” says Joseph Lindsay, Founder of Lindsay Engineering.

About I-care Reliability Inc.

I-care Group is a global leader in predictive and prescriptive maintenance. Our AI-powered and data driven solutions help our customers reduce risks for safer, more productive, and more sustainable operations. With our innovative products and services, we take care of thousands of assets and processes around the world. Founded in 2004 and based in Belgium (HQ1), I-care employs over 500 people and has offices and alliance partners in 26 countries. For more information, visit www.icareweb.com

About Lindsay Engineering

Since 1998, Lindsay Engineering has been dedicated to helping industrial companies’ lower production costs and reduce operational risk. Its reliability centered maintenance solutions, training and industry leading products focus on the identification, prevention and correction of plant equipment failures. For more information, visit www.lindsayengineering.com

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