GenNx360 Capital Partners portfolio company NVI has acquired Barracuda Specialty Services, expanding its inspection and rope access capabilities across the Gulf Coast. Financial terms of the transaction were not disclosed. The acquisition represents NVI’s first deal since GenNx360 partnered with the company in February 2026.
NVI is headquartered in Gray, Louisiana, and provides testing, inspection, integrity and program management services across energy infrastructure, data centers, industrial manufacturing, power generation and marine markets.
Its existing capabilities include conventional and advanced radiography, direct assessment, erosion detection and weld testing.
Barracuda is headquartered in Houma, Louisiana, with additional operations in Gonzales, Louisiana, and Humble and Midland, Texas.
The company provides inspection and nondestructive testing services across the Gulf Coast, with particular expertise in rope access.
Its capabilities include magnetic particle testing, liquid penetrant examination, radiography inspection, phased array ultrasonic testing and rope access.
Barracuda serves petrochemical, midstream and industrial manufacturing customers.
The transaction adds scale within NVI’s core Gulf Coast market while significantly expanding its rope access capabilities.
GenNx360 plans to continue pursuing the growth strategy for NVI through a combination of operational initiatives and acquisitions.
KEY QUOTES:
“Barracuda has built an outstanding reputation for technical expertise, exceptional customer service, and operational excellence, and we are proud to welcome their talented team to the NVI family.”
“This partnership strengthens our core inspection services and significantly expands our rope access capabilities, creating a differentiated service offering that will allow us to better serve our customers.”
Jason Caruso, Chief Executive Officer of NVI
“Joining NVI marks an exciting next chapter for Barracuda. We have known and respected the NVI team for years, and we are excited to combine our strengths to deliver even greater value to our customers.”
Jason Shipp, Executive Vice President of Barracuda
“NVI’s acquisition of Barracuda is an important addition to the platform, adding scale and depth across the core Gulf Coast market while expanding the platform’s rope access capabilities.”
Pratik Rajeevan, Partner at GenNx360
