The Equity Engineering Group
- Company typePrivate
- Founded2004
- HeadquartersCuyahoga Falls, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
The Equity Engineering Group firmographics
Firmographics- Name
- The Equity Engineering Group
- Legal name
- The Equity Engineering Group, Inc.
- Website
- https://e2g.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
The Equity Engineering Group industry classification
Industry- Product category
- Industrial Asset Integrity Engineering Services & Software
- NAICS
- Engineering Services (541330), Management, Scientific, and Technical Consulting Services (5416), Other Scientific and Technical Consulting Services (54169)
- SIC
- Services-Engineering Services (8711), Services-Engineering, Accounting, Research, Management (8700), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Industrial & Process Engineering Consulting (BPAHAIAF)
- akta.pro secondary industries
- Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting (BPAHAIAK), Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ)
Keywords
Where The Equity Engineering Group is headquartered
LocationHeadquarters
- HQ city
- Cuyahoga Falls
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
The Equity Engineering Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Engineering Consulting Services: Specialized consulting services including fitness-for-service assessments, pressure relief evaluations, mechanical integrity, risk-based inspection, damage mechanism reviews, and turnaround planning support. Delivered by P.E./P.Eng stamped deliverables for industrial asset challenges.
- Software Licensing & Subscriptions: Cloud-native PlantManager platform and analysis tools delivered via subscription licensing. Includes PlantManager ASSET, SAGE, SagePlus, TBREAK, SIMFLEX-IV, IntelliJoint, and HotTap modules.
- Training & Education: Equity Technical Institute (ETI) training courses including API-U approved programs, in-person, virtual, hybrid, and on-demand formats. Pricing ranges from $3,250 to $4,000 per course.
- Corporate Standards Licensing: Equity Engineering Practices (EEPs) - comprehensive and customizable corporate engineering standards licensed to facilities for safer operations and knowledge management.
- CorrSolutions Inspection Programs: Custom inspection and asset management program services using AI to develop or improve inspection programs for industrial facilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | API 520/521 Pressure Relieving Systems Training |
| One time/ perpetual license | Pay-as-you-go | API 579-1 / ASME FFS-1 Fitness-for-Service Training |
| Subscription | Monthly | Enterprise Software Subscriptions |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels6 records
The Equity Engineering Group product offering
Product offeringCore offering
The Equity Engineering Group delivers specialized engineering consulting, cloud-native asset integrity software (PlantManager 6.0), corporate engineering standards (EEPs), and professional training programs (ETI) to industrial processing facilities. Their work spans fitness-for-service assessments, pressure relief evaluations, risk-based inspection, materials and corrosion engineering, and turnaround planning for oil & gas, midstream, petrochemical, and chemical facilities. Combined with a patent-pending AI-driven corrosion prediction platform (CorrSolutions), the offering helps operators manage aging equipment, ensure regulatory compliance, and maximize equipment lifecycle.
Product overview
Equity offers a unified portfolio of specialized consulting services, cloud-native software platforms, and corporate standards for industrial asset integrity management. The core software platform is PlantManager 6.0, which includes PlantManager ASSET for asset lifecycle management and PlantManager SAGE for structural analysis. Additional software modules include SagePlus (FFS analysis toolbox), Automated FEA Tools, SIMFLEX-IV, IntelliJoint, and HotTap. CorrSolutions provides AI-powered inspection and asset management services. The company also delivers engineering consulting services across fitness-for-service, pressure relief, materials & corrosion, and risk-based inspection disciplines, along with Equity Engineering Practices (EEPs) corporate standards and Equity Technical Institute (ETI) professional training programs.
Differentiator
Problem solved
Functional benefit
Brands
- CorrSolutions: Custom inspection and asset management program services using AI with client data to develop and improve inspection programs.
- PlantManager ASSET
- PlantManager SAGE
- SagePlus
- SIMFLEX-IV
- IntelliJoint
- HotTap
- DamageWeb
Products and services
- PlantManager 6.0 Cloud-native SaaS platform for centralized inspection planning, fitness-for-service (FFS) evaluations, and lifecycle management of industrial fixed assets at processing facilities.
- SagePlus Engineer's Digital Toolbox for conducting Level 1 and Level 2 Fitness-for-Service analyses using API 579 codes to evaluate fixed equipment, piping, and structures for wall loss, cracking, dents, creep, hydrogen damage, and brittle fracture.
- TBREAK Proprietary transient analysis technology for conducting comprehensive tube rupture credibility assessments on heat exchangers, providing insights and mitigation actions.
- CorrSolutions AI-powered inspection and asset management program services that combine artificial intelligence with operational plant data to develop and improve inspection programs, leveraging a patent-pending physics-based explainable AI model for corrosion under insulation (CUI) prediction.
- Predictive Integrity Management Program Service program using a patent-pending physics-based XAI model to identify, predict, and mitigate corrosion under insulation risk; includes real-time sensor monitoring and continuous model learning against plant data.
- Equity Engineering Practices (EEPs) Comprehensive and customizable corporate engineering standards licensed to facilities to support safer operations, capture institutional knowledge, and ensure consistency across engineering practices.
- Equity Technical Institute (ETI) Industry-relevant technical training for industrial processing and manufacturing professionals, delivered in in-person, virtual, hybrid, on-demand, and on-site formats; holds API-U preferred provider status and courses qualify for API CPD requirements.
- Engineering Consulting Services Specialized engineering consulting covering fitness-for-service assessments, pressure relief evaluations, mechanical integrity, risk-based inspection, damage mechanism reviews, and turnaround planning support; delivered by P.E./P.Eng stamped deliverables to industrial processing facilities.
Quantifiable outcome
- Emergency onsite support within 24 hours
- +4 more outcomes
Companies that use The Equity Engineering Group
Customer profileNamed customers2 records
Segments6 records
Ideal customer profiles2 records
The Equity Engineering Group technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature11 records
The Equity Engineering Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- American Petroleum Institute (API)coreActive participation in API standards development committees including API 520 (Pressure Relieving Systems), API 579 (Fitness-for-Service), API 571 (Damage Mechanisms), and API 521. E2G team members serve as task force chairman and lead investigators, contributing to standards development and maintaining early access to regulatory changes.
Scale indicators10 records
Recent moves7 records
Expansion highlights6 records
The Equity Engineering Group competitors and assessment
Company assessmentDirect peers
- Stress Engineering Services: Independent engineering firm specializing in pressure vessel and piping fitness-for-service, fracture mechanics, failure analysis, and risk-based inspection for industrial clients. Comparable technical scope, niche specialist positioning, and SME-driven delivery model.
- Quest Integrity (RINA): Specialist asset integrity and fitness-for-service engineering firm (now part of RINA) offering advanced inspection, FFS assessments, and integrity management software for refining and petrochemical clients. The closest direct competitor to Equity's core consulting and RBI practice.
- Team Industrial Services: Provider of specialty industrial services including on-site inspection, integrity assessment, and mechanical services for energy and process facilities. Overlaps Equity on pressure equipment integrity and turnaround support services.
Broad incumbents
- AVEVA: Industrial software vendor whose PI System and asset performance management suites compete with PlantManager for asset lifecycle and integrity use cases in refining and chemicals. Comparable customer base and adjacent software functionality.
- DNV: Global assurance and risk-management firm with a deep asset integrity, risk-based inspection, and fitness-for-service practice serving oil & gas, petrochemical, and power customers. Highly comparable on consulting methodology (RBI, FFS, failure analysis) and on standards-body participation, but operates at much broader scope than Equity.
- Intertek: Global TIC provider offering asset integrity management, pressure vessel inspection, materials testing, and related consulting for energy and process customers. Directly comparable service lines but with substantially larger geographic and vertical footprint.
- Worley: Energy, chemicals, and resources engineering firm delivering consulting, integrity management, and digital solutions to similar refining and petrochemical clients. Competes on asset management and reliability services, though typically at larger project scale.
- Bureau Veritas: International testing, inspection, and certification (TIC) company with significant industrial asset integrity and pressure equipment services across oil & gas, petrochemical, and process industries. Comparable customer base and inspection/consulting model, but TIC breadth and scale far exceed Equity's specialist footprint.
- Hexagon PPM (Intergraph): Provider of engineering, 3D design, and asset integrity software (CAESAR II, PV Elite, SmartPlant) widely used in pressure vessel, piping stress, and structural analysis — overlapping with PlantManager SAGE, SIMFLEX-IV, and HotTap modules.
- Wood Group: Global engineering and consultancy serving oil & gas, chemicals, and energy with asset management, RBI, and integrity services. Adjacent on consulting services and customer base, but at significantly broader project and operations scope.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
The Equity Engineering Group social profiles
Digital presenceThe Equity Engineering Group compliance and trust
Trust signalCompliance1 record
The Equity Engineering Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
The Equity Engineering Group leadership team
Management profileNumber of profiles
Profiles10 records
The Equity Engineering Group subsidiaries and ownership
Company hierarchySubsidiaries4 records
The Equity Engineering Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
The Equity Engineering Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about The Equity Engineering Group
What does The Equity Engineering Group do?
The Equity Engineering Group delivers specialized engineering consulting, cloud-native asset integrity software (PlantManager 6.0), corporate engineering standards (EEPs), and professional training programs (ETI) to industrial processing facilities. Their work spans fitness-for-service assessments, pressure relief evaluations, risk-based inspection, materials and corrosion engineering, and turnaround planning for oil & gas, midstream, petrochemical, and chemical facilities. Combined with a patent-pending AI-driven corrosion prediction platform (CorrSolutions), the offering helps operators manage aging equipment, ensure regulatory compliance, and maximize equipment lifecycle.
Is The Equity Engineering Group a public or private company?
The Equity Engineering Group is a private company. It is classified as management employee owned and is currently operating.
When was The Equity Engineering Group founded?
The Equity Engineering Group was founded in 2004. It employs 101 to 250 people.
Where is The Equity Engineering Group based?
The Equity Engineering Group is headquartered in Cuyahoga Falls, United States, in the North America region.
How does The Equity Engineering Group make money?
Five revenue lines are on record. Engineering Consulting Services are the primary driver. The others are software Licensing & Subscriptions, training & Education, corporate Standards Licensing and corrSolutions Inspection Programs.
Who are The Equity Engineering Group's main competitors?
Direct peers on record are Stress Engineering Services, Quest Integrity (RINA) and Team Industrial Services. Broad incumbents are AVEVA, DNV, Intertek, Worley, Bureau Veritas, Hexagon PPM (Intergraph) and Wood Group.
Does The Equity Engineering Group have an API?
No public API is recorded for The Equity Engineering Group.
What industry is The Equity Engineering Group in?
The Equity Engineering Group's product category is Industrial Asset Integrity Engineering Services & Software. Its primary akta.pro industry code is BPAHAIAF, Industrial & Process Engineering Consulting, with a secondary code of BPAHAIAK, Reliability, Safety & Risk Engineering (RAMS/PSM) Consulting. Its NAICS code is 541330 and its SIC code is 8711.