Clockwork Solutions Inc., an Austin, Texas-based provider of total-life-cycle Performance Prediction and Risk Management solutions for asset-intensive major industrial companies, military organizations and government agencies, has been acquired by private equity firm Teakwood Capital.
The company delivers solutions that are designed to maximize equipment, system, and fleet availability while minimizing life-cycle operations and maintenance costs. Clockwork Solutions serves major industrial operators in the Aerospace & Defense, Power Generation, Refining and Process markets. The majority of its clients include Fortune 500 companies and government entities.
FinSMEs
01/06/2011