Analytic Stress Relieving Names Kregg Lunsford as CEO
September 11 2024 - 7:00AM
Analytic Stress Relieving, Inc. (“ASR” or “the Company”), a
provider of on-site heat-treating services, today announced the
appointment of Kregg Lunsford as Chief Executive Officer. ASR is
backed by Capstreet, a Houston-based lower middle market private
equity firm.
Mr. Lunsford joins ASR after more than a decade as President of
TNT Crane & Rigging, headquartered in Houston, where he led the
company’s geographic expansion through organic and acquisitive
growth. He began his career at Arthur Andersen.
“I’m delighted to join ASR and look forward to building on the
Company’s strong foundation to help grow our geographic footprint
and our menu of services,” Mr. Lunsford said. “ASR’s commitment to
safety, customer satisfaction and a strong team-based culture is
important to me, and I look forward to leading the Company into the
next phase of its evolution.”
Capstreet Partner Paul De Lisi added, “Kregg brings exceptional
leadership and deep experience in safety and operations across a
range of relevant industries. We believe his stewardship will help
ASR expand its operations strategically through organic and
acquisitive growth.”
About Analytic Stress Relieving, Inc.
Analytic Stress Relieving uses preheating and post-weld heat
treatment and other stress relief applications to relieve residual
stresses in metals caused by temperature changes during the welding
process. Headquartered in Lafayette, LA, the Company has additional
offices in Baton Rouge, LA, Lake Charles, LA, Beaumont, TX,
Houston, TX, Corpus Christi, TX, Middlesex, NJ, Chicago, IL,
Toledo, OH, Richmond, VA, Pascagoula, MS, Salt Lake City, UT,
Minneapolis, MN, Tulsa, OK, Denver, CO, Mulberry, FL, Billings, MT,
and Augusta, GA. Please visit www.analyticstress.com for more
information.
About Capstreet
Founded in 1990, Capstreet invests in lower middle market
software, tech-enabled services, and industrial business services
companies. With more than 50 platform investments and more than 200
add-on acquisitions since inception, Capstreet’s investment
strategy is focused on utilizing its Capvalue Framework® to help
accelerate growth and profitability, and create long-term
sustainable businesses. The majority of Capstreet’s investments
have been with founder- or entrepreneur-owned businesses. For more
information, visit the Capstreet website,
https://capstreet.com.
Contact:
Lambert
Joanne Lessner, 212-222-7436, jlessner@lambert.comJennifer
Hurson, 845-507-0571, jhurson@lambert.com