Tracked deals
30
30 tracked deals across 2026.
Industrial Services Divestitures in 2026
Buyer mix
Mixed buyer set
12 strategic · 10 pe
Top trend
Volume peaked in 2026
29 tracked deals announced in 2026.
Buyer Snapshot
Top Buyers
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| AURELIUS | 1 | AURELIUS is a private equity firm that acquires and manag... | PE |
| Active Dynamics Group | 1 | Automotive emissions/sound/power/thermal and fluid dynami... | Strategic |
| Active Dynamics Technology Limited | 1 | Entity referenced by Reuters as buyer in the transaction ... | Mixed |
| Allison Transmission Holdings, Inc. | 1 | Designer and manufacturer of propulsion solutions and med... | Strategic |
| Ariston Group | 1 | Manufacturer of heating, ventilation, and air conditionin... | Strategic |
| Audax | 1 | Private equity firm that invests in and operates middle-m... | PE |
| Bailey Equipment & Intralogistics | 1 | Third-generation, family-owned forklift dealership provid... | Strategic |
| Center Rock Capital Partners, LP (affiliate) | 1 | Midwest-focused private equity firm investing in lower mi... | PE |
| Cornerstone Capital Holdings | 1 | Private holding company acquiring manufacturing and indus... | PE |
| Evolve Capital | 1 | Lower middle-market investment firm that acquired Green C... | Investor |
Acquisition Volume in Industrial Services Divestitures in 2026 by Year
Last 9 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
October 6, 2026
- Target
- New ATCO
- Seller
- ATCO Ltd.
- Industry
- Industrial Services
- Location
- Alberta, Canada
- Type
- Divestiture
ATCO plans to spin off its industrial services operations into New ATCO, a newly formed publicly traded company focused on housing, defence and investments including ports and retail energy. The separation is part of the announced arrangement and is expected to provide the businesses with dedicated leadership, capital and strategic focus; completion is tied to the broader transaction, which is expected to close in Q3 or Q4 2027.
-
September 21, 2026
- Buyer
- USCO S.p.A.
- Target
- Italtractor ITM undercarriage business (ITM)
- Seller
- Titan International, Inc.
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Titan International agreed to sell its Italtractor ITM undercarriage business to USCO S.p.A. for an initial $207 million, with potential additional consideration including a $6 million earnout and expected closing adjustments/dividends for total cash value of up to about $285 million. The transaction is expected to close in early January 2027, subject to regulatory approvals and customary conditions.
-
September 15, 2026
- Buyer
- Long-standing local partner in Mexico (name not provided)
- Target
- Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V., Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (Perfomex)
- Seller
- Borr Drilling Limited
- Industry
- Industrial Services
- Location
- Mexico
- Type
- Divestiture
Borr Drilling Limited entered into definitive agreements to divest its 51% equity interests in the Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, “Perfomex”). Upon completion, its long-standing local partner will become sole owner and take over management and operation responsibilities for Borr’s jack-up rigs operating with PEMEX, while Borr retains ownership of the rigs and continues through bareboat charter arrangements.
-
September 12, 2026
- Buyer
- Renaissance Partners
- Target
- De Wave Group
- Seller
- Platinum Equity
- Industry
- Industrial Services
- Location
- Liguria, Italy
- Type
- Divestiture
Platinum Equity has signed a definitive agreement to sell De Wave Group, an Italy-based provider of integrated marine interior and technical systems for cruise and yacht industries. The transaction is expected to close by the end of 2026 following regulatory approvals and terms were not disclosed.
-
September 10, 2026
- Buyer
- Gentherm, Modine
- Target
- Modine Performance Technologies, Platinum SpinCo Inc.
- Industry
- Industrial Services
- Location
- Wisconsin, United States
- Type
- Divestiture
Modine announced it will become Modexus Solutions after completing a spinoff of its Performance Technologies business (via Platinum SpinCo Inc.) and merging with Gentherm. The transaction received overwhelming approval from Gentherm shareholders and is currently expected to close on October 1, 2026, subject to customary closing conditions.
-
- Buyer
- Splintered Oak Equipment
- Target
- WC Tractor (New Holland dealerships in Brenham, Dayton, Sealy), WC Tractor (three New Holland dealership locations)
- Seller
- Chris Wackman (WC Tractor), WC Tractor
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Divestiture
Splintered Oak Equipment acquired WC Tractor’s three New Holland dealership locations in Brenham, Dayton, and Sealy, Texas, with the dealerships renamed to Splintered Oak Equipment. Performance Brokerage Services facilitated the transaction and acted as exclusive advisor to the ownership group behind Splintered Oak Equipment; Pat Albero and Dan Argiro represented the buyer side.
-
- Target
- Ecobat's lithium recycling business (lithium-ion battery recycling operations and assets)
- Seller
- Ecobat
- Industry
- Industrial Services
- Location
- Arizona, United States
- Type
- Divestiture
Ecobat has completed the sale of its lithium recycling business, completing its exit from lithium recycling. The divestiture includes Ecobat’s lithium-ion battery recycling operations and assets in Casa Grande, Arizona, following previously completed divestitures of lithium operations in Darlaston (United Kingdom) and Hettstedt (Germany). Ecobat will focus resources on its North American lead recycling platform.
-
August 25, 2026
- Buyer
- Secovia Capital
- Target
- Ferrovia, Genesis Rail Company (divested Ferrovia business)
- Seller
- Genesis Rail Company, Auxo Investment Partners
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Secovia Capital acquired Ferrovia, the railroad vegetation management business of Genesis Rail Company, a portfolio company of Auxo Investment Partners. Financial terms were not disclosed, and Genesis Rail will continue to be led by CEO Rance Randall following the divestiture.
-
August 18, 2026
- Buyer
- Midas Atlantic Partners, The Najafi Companies
- Target
- Panasonic Industry Power and Battery Control Solutions business (operations in Germany and Slovakia)
- Seller
- Panasonic Industry Co., Ltd.
- Industry
- Industrial Services
- Location
- Germany
- Type
- Divestiture
Midas Atlantic Partners, in partnership with The Najafi Companies, has signed an agreement to acquire Panasonic Industry’s European Power and Battery Control Solutions business in Germany and Slovakia. The carve-out is expected to close on February 1, 2027, subject to customary closing conditions and regulatory approvals.
-
- Buyer
- Ariston Group
- Target
- Riello
- Seller
- Carrier Global Corporation
- Industry
- Industrial Services
- Location
- Italy
- Type
- Divestiture
Carrier Global has completed the sale of its Riello business to Ariston Group for gross proceeds of approximately $440 million. Carrier said the divestiture supports its disciplined portfolio management and will be used to invest in core businesses, innovation, and value creation for customers and shareowners.
-
June 24, 2026
- Target
- Frontera Copper Corporation, Kupari Metals A.G.
- Seller
- Frontera Copper Corporation, S.A.P.I. de CV, Kupari Investments Ltd.
- Industry
- Industrial Services
- Location
- Sonora, Mexico
- Type
- Divestiture
Frontera Copper Corporation and Kupari Investments have commenced a strategic sale process for the jointly owned Piedras Verdes copper mine complex in Sonora, Mexico. The process covers 100% of the equity of both Frontera and Kupari Metals, with BMO Capital Markets serving as financial advisor and Blake, Cassels & Graydon LLP as legal advisor.
-
- Buyer
- Joint venture formed with an investment group led by management of AMES Australasia with support from Australian financial investors
- Target
- AMES Australasia
- Seller
- Griffon Corporation
- Industry
- Industrial Services
- Location
- Victoria, Australia
- Type
- Divestiture
Griffon Corporation entered into a definitive agreement to sell its AMES Australasia business to a joint venture it is forming with an investment group led by AMES Australasia management and supported by Australian financial investors. Under the deal, Griffon will receive $185 million at closing plus a $50 million subordinated note and will hold a 49% equity interest in the joint venture post-closing.
-
- Buyer
- Vulcan Materials Company
- Target
- Brannan Sand & Gravel, LLC
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Vulcan Materials Company (NYSE: VMC) completed the divestiture of its ready-mixed concrete operations in California and acquired Brannan Sand & Gravel’s southern Colorado and Dallas-Fort Worth operations. The deal adds a rail-connected aggregate quarry with long-term reserves in Lamar, Colorado, and a new distribution yard in the Dallas-Fort Worth area.
-
- Buyer
- Framatome
- Target
- Trillium Flow Technologies French valves operations
- Seller
- Trillium Flow Technologies, First Reserve (portfolio company owner)
- Industry
- Industrial Services
- Location
- France
- Type
- Divestiture
Trillium Flow Technologies, backed by First Reserve, announced the sale of its French valves operations to Framatome. The divestiture is intended to further optimize Trillium’s portfolio and increase focus on its global pumps and broader flow-control businesses.
-
- Buyer
- Evolve Capital
- Target
- Green Circuits
- Seller
- Praesidian Capital
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Divestiture
Praesidian Capital announced the realization of its investment in Green Circuits in connection with the sale of the business. The firm had provided capital in 2018 to support Evolve Capital’s acquisition of Green Circuits, and the exit is described as a positive outcome for stakeholders.
-
May 18, 2026
- Buyer
- Lidya Madençilik, Royal Gold, Inc.
- Target
- Artmin Madençilik, Hod Maden Project
- Seller
- SSR Mining, Inc.
- Industry
- Industrial Services
- Location
- Türkiye
- Type
- Divestiture
Royal Gold announced a restructuring of its ownership in Artmin Madençilik, the joint venture that owns the Hod Maden Project in northeastern Türkiye. Under the transactions, SSR Mining will sell all its interests in Artmin to Lidya, SSR will step down as operator (Lidya assumes operatorship), and Royal Gold’s direct equity stake will be reduced while it receives royalty interests linked to the project; closing is expected in the second half of 2026 subject to regulatory approval.
-
- Buyer
- Audax
- Target
- Nextech
- Industry
- Industrial Services
- Location
- Florida, United States
- Type
- Divestiture
Audax is progressing the sale process for Nextech, an HVAC services provider, with bidders being advanced further in the process. The reporting indicates the transaction remains in process (not closed), and that additional private equity deals are expected across the roofing, landscaping and remodeling sectors.
-
April 8, 2026
- Buyer
- AURELIUS
- Target
- Landis+Gyr EMEA business (Europe, Middle East and Africa operations)
- Seller
- Landis+Gyr Group AG
- Industry
- Industrial Services
- Location
- Switzerland
- Type
- Divestiture
Landis+Gyr Group AG has completed the divestiture of its Europe, Middle East and Africa (EMEA) business to AURELIUS. The deal closed with economic effect as of March 31, 2026 and transfers Landis+Gyr’s metering portfolio, related software and services, five production sites, and approximately 2,800 employees across the region.
-
April 1, 2026
- Buyer
- Wynnchurch Capital, L.P.
- Target
- Arcosa Marine Products, Inc.
- Seller
- Arcosa, Inc.
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Arcosa, Inc. completed the sale of its inland barge business, Arcosa Marine Products, Inc., to Wynnchurch Capital, L.P. for $450 million in cash. Arcosa plans to use the net after-tax proceeds to invest in its core growth platforms and reduce outstanding debt, while focusing going forward on construction materials and engineered structures.
-
March 31, 2026
- Buyer
- Inflexion
- Target
- Marioff
- Seller
- Sentinel Capital Partners
- Industry
- Industrial Services
- Location
- Finland
- Type
- Divestiture
Sentinel Capital Partners has sold Marioff, a standalone unit of its Spectrum Safety Solutions platform, to Inflexion. Marioff is a global provider of high-pressure water mist fire suppression solutions, serving marine and land-based end markets. Terms were not disclosed.
-
March 16, 2026
- Buyer
- PennAero
- Target
- TriMas Aerospace
- Seller
- TriMas
- Industry
- Industrial Services
- Location
- Michigan, United States
- Type
- Divestiture
TriMas completed the divestiture of its TriMas Aerospace business to PennAero, a portfolio company of Tinicum L.P. and funds managed by Blackstone. The transaction closed for approximately $1.45 billion in cash, subject to post-closing adjustments, with estimated net after-tax proceeds of about $1.2 billion.
-
- Buyer
- Active Dynamics Group, Active Dynamics Technology Limited
- Target
- First Brands (Walbro business line), Walbro business line (within First Brands)
- Seller
- First Brands
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
First Brands, a U.S. auto parts maker in bankruptcy, agreed to sell its Walbro business line to Canada-headquartered Active Dynamics Group for $50 million. The transaction is intended to support First Brands’ bankruptcy restructuring and address fraud-related claims, and is expected to preserve 600 jobs across Michigan, Arizona, and Los Mochis (Mexico).
-
- Buyer
- McCarthy Tire Service
- Target
- Henise Tire Service Inc. (commercial fleet operations)
- Seller
- Henise Tire Service Inc.
- Industry
- Industrial Services
- Location
- Pennsylvania, United States
- Type
- Divestiture
McCarthy Tire Service acquired the commercial fleet truck tire sales, shop services, and Bandag retreading operations of Henise Tire Service, effective March 9, 2026. Henise will continue to independently own and operate its wholesale and retail consumer tire businesses at its current locations (except Bensalem, Pennsylvania).
-
- Buyer
- Rosebank Industries plc, Rosebank Industries
- Target
- CPM Holdings, Inc., CPM Holdings Inc., ASP MWI Holdings Inc. (MW Components), MW Components, MW Components, Inc.
- Seller
- American Securities LLC, American Securities
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
American Securities entered into a definitive agreement to sell CPM Holdings and ASP MWI Holdings (MW Components) to Rosebank Industries for an enterprise value of $3.25 billion, including up to $200 million in potential earnout payments tied to FY26 performance. The transactions were expected to close in Q2 2026, and Rosebank later completed the acquisitions of CPM (about $2.1 billion) and MW Components (about $950 million).
-
February 20, 2026
- Buyer
- Cornerstone Capital Holdings
- Target
- Dynamic Transit Products, LLC (DTP)
- Seller
- Dynamic Metals, LLC
- Industry
- Industrial Services
- Location
- Indiana, United States
- Type
- Divestiture
Cornerstone Capital Holdings acquired the Transportation Division of Dynamic Metals, LLC. The division has been renamed Dynamic Transit Products, LLC (DTP) and operations will move from Elkhart, Indiana to a standalone facility in Goshen, Indiana.
-
- Buyer
- Center Rock Capital Partners, LP (affiliate)
- Target
- Stoneridge Control Devices segment
- Seller
- Stoneridge, Inc.
- Industry
- Industrial Services
- Location
- Michigan, United States
- Type
- Divestiture
Stoneridge, Inc. completed the sale of its Control Devices segment to an affiliate of Center Rock Capital Partners, LP for a base purchase price of $59 million. Stoneridge will use net proceeds to repay debt and strengthen its balance sheet, as part of a strategic review to focus on core electronics and Brazil growth platforms.
-
January 16, 2026
- Buyer
- Bailey Equipment & Intralogistics
- Target
- Equipment Depot (Washington state operations)
- Seller
- Equipment Depot
- Industry
- Industrial Services
- Location
- Washington, United States
- Type
- Divestiture
Bailey Equipment & Intralogistics, a third-generation family-owned forklift dealership headquartered in Nashville, Tennessee, has acquired Equipment Depot’s Washington state operations and will establish a regional headquarters in Kent, Washington. Bailey will serve as the authorized Logisnext dealer in Washington for Cat Lift Trucks, Mitsubishi Forklift Trucks, and Jungheinrich, expanding its material handling, warehouse solutions, and intralogistics services into the Washington market.
-
January 14, 2026
- Buyer
- Pacific Avenue Capital Partners, LLC (affiliate)
- Target
- Kito Crosby Limited, Columbus McKinnon U.S. power chain hoist and chain manufacturing operations (Damascus, Virginia and Lexington, Tennessee facilities)
- Seller
- Columbus McKinnon Corporation
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Columbus McKinnon reiterated that it expects to close its previously announced acquisition of Kito Crosby in the first quarter of calendar year 2026 while working through U.S. DOJ antitrust review. To help simplify the combined portfolio and reduce debt, it also entered into a definitive agreement to divest its U.S. power chain hoist and chain manufacturing operations from its Damascus, Virginia and Lexington, Tennessee facilities to an affiliate of Pacific Avenue Capital Partners for $210 million plus up to $25 million in earn out.
-
- Buyer
- Talon Metals Corp.
- Target
- Eagle Mine, Humboldt Mill, Lundin Mining US Ltd.
- Seller
- Lundin Mining Corporation
- Industry
- Industrial Services
- Location
- Michigan, United States
- Type
- Divestiture
Talon Metals Corp. has completed the previously announced acquisition of Lundin Mining's Eagle Mine and associated Humboldt Mill (held via Lundin Mining US Ltd.), creating a multi-asset U.S. nickel-copper company. As consideration, Lundin Mining received 275,152,232 Talon shares and a limited production-payment royalty on non-Eagle ore processed at the Humboldt Mill; the deal brings the Eagle operating team into Talon and positions the company to extend mine life and accelerate regional exploration.
-
January 1, 2026
- Buyer
- Allison Transmission Holdings, Inc.
- Target
- Dana Incorporated Off-Highway business (Off-Highway Drive & Motion Systems)
- Seller
- Dana Incorporated
- Industry
- Industrial Services
- Location
- Indiana, United States
- Type
- Divestiture
Allison Transmission Holdings, Inc. (NYSE:ALSN) completed its $2.7 billion acquisition of Dana Incorporated’s Off-Highway business (Off-Highway Drive & Motion Systems). The deal is intended to broaden Allison’s off-highway and industrial powertrain capabilities and create a global platform headquartered in Indianapolis.
Full Export
Purchase this data
Get the full acquisitions list for this page as CSV + XLSX.
Build a buyer list for your Industrial Services deal
Find buyers actively acquiring industrial services companies.
Related Acquisition Pages
Industrial Services Buyers & Acquisitions
Industrial Services Buyers & Acquisitions in Canada
Private Equity-Backed Industrial Services Buyers
Industrial Services Acquisitions in 2026
Industrial Services Acquisitions in Wisconsin
Industrial Services Acquisitions in Texas
Industrial Services Acquisitions in Arizona
Industrial Services Acquisitions in California
Industrial Services Acquisitions in Florida
Industrial Services Acquisitions in Michigan
Divestitures in 2026