Process Safety & Reliability Group (PSRG)

What Process Safety & Reliability Group (PSRG) does

Process Safety & Reliability Group (PSRG) is a privately held, Houston-based HSSE consulting and training firm founded in 1997. It serves enterprise industrial clients across oil and gas, petrochemicals and refining, LNG and power, food and cold storage, pharmaceuticals, semiconductors, mining, and other process-intensive sectors. Its core work covers process safety management, hazard and risk analysis, facility siting and quantitative risk assessment, mechanical integrity, incident investigation, dust and overpressure hazards, emergency preparedness, reliability engineering, environmental and quality management, and security risk.

PSRG supplements consulting with public, in-house, and certification training through the Center for Process Safety Training, plus a portfolio of specialist tools and hardware. These include BowTieXP for risk-barrier visualization, Apollo Root Cause Analysis powered by RC Pro software, the RealWear Navigator Z1 hands-free assisted-reality device, and an underwater inspection drone. Delivery is led directly by expert consultants through on-site or remote engagements, supported by nine offices across eight countries and reported operations serving more than 1,000 clients in 98 countries.

The company primarily generates professional-services revenue from custom enterprise engagements and training, with public prices undisclosed. Technology and hardware products are also offered through consultative quote or demonstration requests. Its go-to-market combines direct expert sales with webinars, industry conferences, technical resources, newsletters, and social media.

Name

Process Safety & Reliability Group (PSRG)

Legal name

PSRG Inc.

Website

https://psrg.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Process Safety & Reliability Group (PSRG) provides enterprise process safety, reliability, HSSE, and regulatory consulting, supported by training and specialized risk-analysis, assisted-reality, and inspection technologies for industrial clients worldwide through direct expert delivery.

Ownership category

akta.pro rank

Product category

Process Safety & Risk Management Consulting

NAICS

Management, Scientific, and Technical Consulting Services (5416), Security Systems Services (56162), Investigation, Guard, and Armored Car Services (56161)

SIC

Oil & Gas Field Services, Nec (1389), Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Process Safety & Major Hazard Risk Management (PSM) (BPAHAJAE)

akta.pro secondary industries

Process Safety Management (PSM) & High-Hazard Operations (EDABAEAD), Security Systems Monitoring & Dispatch (SOC/Remote Guarding) (IMAIAEAF)

Keywords

• Process safety management
• HSSE consulting
• Risk management services
• Reliability engineering
• Industrial safety training

Headquarters

HQ city

Houston, Texas

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Professional Consulting Services: PSRG provides expert consulting services across Process Safety Management, Reliability Engineering, Safety & Health, Environmental & Quality, and Security Risk Management. Services are delivered by 100+ seasoned experts to enterprise clients globally, with engagements tailored to each client's unique operational needs.
2. Process Safety Training Programs: The Center for Process Safety Training offers a comprehensive suite of training solutions including public courses, in-house training, and certification programs (e.g., PHA Team Leader Certification). Training catalog is available via a published schedule, and PDH credits are offered for webinar attendees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

PSRG is a global consulting and training firm that delivers integrated Health, Safety, Security, and Environmental (HSSE) solutions to industrial clients. Its offerings span Process Safety Management, Reliability Engineering, Safety & Health, Environmental & Quality, and Security Risk Management consulting, complemented by the Center for Process Safety Training and proprietary/partnered technology products (BowTieXP, Apollo RCA, RealWear Navigator Z1).

Product overview

PSRG offers a comprehensive portfolio of process safety and reliability consulting services rather than a unified software platform. Core offerings include Process Hazard Analysis, Auditing, Facility Siting/QRA, Mechanical Integrity, Incident Investigation, Dust Hazard Analysis, Overpressure Relief Systems, and Emergency Preparedness services. The company also provides software-based solutions including BowTie XP for risk visualization, Apollo Root Cause Software Analysis for problem-solving, and hardware solutions such as the RealWear Navigator Z1 hands-free device and Underwater Drone technology. Services are complemented by professional training programs through the Center for Process Safety Training.

Differentiator

Problem solved

Functional benefit

Brands

• Apollo Root Cause Analysis: A principle-based problem-solving method powered by RC Pro Software, offered in partnership with Reality Charting for root cause analysis.
• BowTieXP
• RealWear Navigator Z1

Products and services

• Process Hazard Analysis (PHA) Comprehensive hazard evaluation following OSHA 29CFR1910.119(e), including HAZOP, checklist analysis, What-if analysis, FMEA, Fault Tree Analysis, and PHA revalidation for industrial facilities.
• PSM/RMP Auditing Compliance auditing for OSHA Process Safety Management and EPA Risk Management Program, including gap analysis and NEP readiness verification for enterprise clients.
• Facility Siting / Quantitative Risk Assessment Evaluation of flammable, overpressure, and toxic hazards using consequence-based and risk-based methodologies per API RP752/RP753/RP756 with PHAST, SAFETI, and FLACS software.
• Mechanical Integrity Services Risk-based inspections, inspection services (visual, ultrasonic, radiographic), failure analysis, and mechanical integrity program development per industry standards.
• Incident Investigation Incident investigation including scene investigation, data analysis, root cause analysis, and corrective action recommendations following industrial incidents.
• Dust Hazard Analysis (DHA) Risk-based dust hazard analysis integrating consequence prediction and likelihood estimation, ensuring compliance with NFPA 660 and OSHA combustible dust regulations.
• Overpressure Relief Systems and Flare Analysis Pressure relief system design/analysis including relief device sizing per API 520/521, flare system design, and runaway reaction analysis for process facilities.
• Emergency Preparedness and Response Emergency management program development, HAZWOPER training, evacuation drills, tabletop and hands-on exercises, and emergency plan auditing for industrial operators.
• Reliability Engineering Expert reliability engineering services for operational excellence in industrial facilities.
• Safety & Health Consulting Comprehensive occupational safety and health consulting services for industrial clients.
• Environmental & Quality Services Environmental compliance and quality management solutions for industrial operators.
• Security Risk Management Security risk assessment and management services for industrial facilities and operations.
• Center for Process Safety Training Comprehensive process safety training suite including public courses, in-house training, certification programs (e.g., PHA Team Leader Certification), and PDH-credit webinars.
• BowTie XP Next-generation bowtie methodology risk assessment software tool, offered via partnership with CORDATA, for visualizing risks and control barriers across industrial operations.
• Apollo Root Cause Software Analysis Principle-based problem-solving software powered by RC Pro, integrated with Reality Charting, for evidence-based root cause analysis across client organizations.
• RealWear Navigator Z1 Intrinsically safe hands-free head mounted device for frontline industrial workers, providing voice-controlled access to data, documentation, communications, remote assistance, and digital workflows.

Quantifiable outcome

• Served 1000+ clients in 98 countries since 1997
• +1 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• CORDATA (BowTieXP)coreTechnology or IntegrationPSRG partners with CORDATA to offer BowTieXP, the next-generation BowTie methodology software tool. This partnership enables PSRG to provide cutting-edge risk assessment capabilities to clients, visualizing risks through bowtie diagrams that clarify incident scenarios and control barriers.
• Reality Charting (RC Pro Software)coreTechnology or IntegrationPSRG partners with Reality Charting to offer Apollo Root Cause Analysis powered by RC Pro Software. This partnership combines principle-based problem-solving methodology with software tools, providing evidence-based understanding of problems and effective solutions across client organizations.
• RealWearcoreTechnology or IntegrationPSRG is a proud partner with RealWear, the world's leading provider of assisted reality wearable solutions. PSRG develops value-added add-ons that enhance RealWear's hands-free devices (RealWear Navigator Z1) for frontline industrial workers, integrating them into process safety operations for hands-free access to data, documentation, communications, remote assistance, and digital workflows.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• SGS: World's largest TIC company offering EHS, industrial hygiene, and process safety-related inspection and consulting — competes with PSRG on multinational client engagements from a much broader service base.
• TÜV SÜD: International testing and certification firm with industrial process safety and functional safety services — overlapping PSRG's regulatory compliance and PSM audit offerings for process industry clients.
• Bureau Veritas: Large international TIC (testing, inspection, certification) company with a process safety and HSE consulting practice serving industrial clients — competes for the same EHS consulting mandates at greater scale.
• DEKRA: Global expert organization providing process safety, EHS, and reliability engineering services alongside broader TIC and automotive testing — comparable in process safety consulting scope and multinational client coverage.

Direct peers

• Jensen Hughes: Specialist consulting firm in fire protection, security risk, and process safety — closely aligned with PSRG's fire protection, emergency management, and security risk management service lines.
• ioMosaic Corporation: Independent process safety and risk management consulting firm offering PHA, LOPA, QRA, and reactive chemicals services — a focused specialist peer serving similar chemical and oil & gas clients.
• DNV: Global assurance and risk management firm offering process safety, QRA, and asset integrity services to oil & gas, energy, and process industries — directly overlapping PSRG's core consulting offering and enterprise client base.
• ABS Group: Subsidiary of American Bureau of Shipping providing risk management, process safety, and reliability engineering consulting to oil & gas, chemical, and energy operators — directly comparable in service portfolio and client verticals.
• Chilworth Technology (part of DEKRA): Process safety specialist offering dust explosion, static electricity, and reactive chemistry testing and consulting — a direct competitor in process safety and combustible dust hazard analysis services.

Regional players

• Exponent: Engineering and scientific consulting firm with significant process safety, incident investigation, and failure analysis capabilities — comparable in technical depth though more US-centric and litigation-adjacent.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/psrg
• Facebookfacebook.com/psrg

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Process Safety & Reliability Group (PSRG)