AXIS (Carr's Hill) Acquires Travis Industries

Carr's Hill Partners Acquires AXIS Industrial Services

August 12, 2020

Industrial Services

Funds advised by Carr's Hill Partners, a New Orleans-based private equity firm, acquired AXIS Industrial Services, a Corpus Christi-based multi-craft industrial contractor providing scaffolding, insulation, fireproofing, painting and abatement services. Management, led by Founder & CEO JT Maddox IV, will retain an equity interest and the investment will support AXIS' capability expansion and geographic growth across the U.S. Gulf Coast and beyond.

AXIS Industrial Holdings Adds TAM Services Group

November 3, 2021

Industrial Services

AXIS Industrial Holdings, a Carr's Hill-backed industrial services platform, has added TAM Services Group, a Houston and Corpus Christi-based provider of soft craft and industrial painting/coatings services. The addition expands AXIS's service capabilities and geographic footprint across midstream, downstream/petrochemical, power generation, and manufacturing end markets in the southern United States.

Anchor Industrial Services Joins AXIS / TAM Services Platform

December 6, 2021

Industrial Services

TAM Services, an AXIS Industrial Holdings company, has combined operations with Anchor Industrial Services (AIS), a Houston-based provider of industrial specialty soft-craft services. The integration will operate under the TAM Services brand and expands AXIS/TAM's capabilities and scale across industrial end markets in Texas and the U.S. Gulf Coast.

AXIOS Industrial Group Merges with A&L Industrial Services

June 5, 2020

Industrial Services

AXIOS Industrial Group and A&L Industrial Services reached an agreement to merge effective June 5, 2020; the combined company will operate under the AXIOS name and be headquartered in The Woodlands, Texas. The merger combines complementary industrial scaffolding, insulation, coatings, sandblasting and related services to increase scale and accelerate growth; White Deer Energy and Hastings Equity Partners remain majority shareholders of the combined entity.

Automotive Color & Supply Acquires Paint Works

December 18, 2024

Logistics & Distribution

Automotive Color & Supply, a portfolio company of WILsquare Capital, has acquired Paint Works, a regional distributor of automotive and industrial paint and supplies based in Tyler, Texas. Terms were not disclosed; the deal expands ACS' footprint in the South (Texas, Arkansas and Louisiana) and ACS will continue operating Paint Works branches under the existing Paint Works brand.

Fenix Group Acquires TCI Coatings, Inc.

September 1, 2021

Manufacturing

Fenix Group has acquired TCI Coatings, Inc., a Lubbock, Texas-based manufacturer of specialty and high-performance industrial coatings, to expand Fenix’s manufacturing, warehousing and regional distribution footprint. The acquisition strengthens Fenix’s industrial product portfolio and fills geographic and product gaps in Texas and surrounding states; Tonka Bay Equity Partners is referenced in the announcement as the private equity sponsor associated with Fenix.