HOUSTON, December 6, 2021 - TAM Services, LLC ("TAM"), an AXIS Industrial Holdings Inc. Company, is excited to announce the addition of Anchor Industrial Services, LLC ("AIS") to its growing operations. Based in Houston, Texas, AIS is a provider of industrial specialty services to the industrial sector in the broader Texas market.

The combination brings together two highly complementary businesses, offering scaffolding, insulation, painting, coating & linings, sandblasting, fireproofing, and other soft craft services to industrial clients across industries, including oil and gas, chemical, agricultural, pharmaceutical, and pulp and paper. Both TAM and AIS have decades of experience and a track record of success built around exceptional customer service and project execution and an exemplary safety record. The combined company will have a strong capital base and is well-positioned to serve clients and accelerate growth with greater scale.

"We are excited about what the future holds with AIS and TAM combining resources and working under the TAM Services brand moving forward. This merger symbolizes our desire to broaden our business platform and deliver greater value to our customers," said Wayne Pruitt, Owner and Partner of AIS.  

"TAM and AIS have the right mix of similarities and differences. We have essentially the same product and service offerings in the same geographic markets, with different customer bases and industry segment strengths. Combined, we will offer our clients even greater service, expertise, and efficiency," said Paul Carter, President of TAM.

About TAM Services Group, Inc.

With locations in Houston and Corpus Christi, Texas, TAM is a leading provider of soft craft services for industrial customers throughout the southern United States. TAM has built a diverse client base of midstream, downstream, petrochemical, power generation, and manufacturing customers based on its reputation for dependability and culture of safety. For more information, visit www.tamservices.com.

About AXIS Industrial Holdings, Inc.

AXIS is a high-growth, safety-oriented industrial specialty contractor offering scaffolding, insulation, fireproofing, painting, abatement, and other services to the U.S. processing and manufacturing industries. With locations in Corpus Christi, San Antonio, Midland, Dallas, and Houston, Texas, AXIS currently operates at blue-chip customer sites throughout the U.S. Gulf Coast region, including petrochemical, specialty chemical, midstream, refinery, manufacturing, power generation, and other large process facilities. For more information, visit www.axisindsvcs.com and www.travis-industries.com.