The Colt Group Acquires RJ Stacey

The Colt Group Acquires Watertap, Inc.

January 15, 2026

Industrial Services

The Colt Group, a Houston-based industrial leak repair and mechanical solutions provider backed by Capstreet, has acquired Watertap, Inc., a Wixom, Michigan-based provider of critical line intervention services. The add-on expands Colt's line intervention platform and regional coverage across the Great Lakes, while retaining Watertap's team; terms were not disclosed.

The Colt Group Acquires Plant Services, Inc.

December 3, 2024

Industrial Services

The Colt Group, a Houston-based provider of on-line industrial leak repair solutions backed by Capstreet, has acquired Plant Services, Inc. (PSI), a Worden, Montana-based specialist in on-line leak repair, hot tapping, line stopping and field machining, expanding Colt's footprint across the Rocky Mountain region. Terms were not disclosed; NXT Capital provided financing in support of Capstreet's add-on acquisition and refinancing of The Colt Group.

The Colt Group Acquires Garrison Enterprise Inc.

December 16, 2025

Industrial Services

The Colt Group, a Houston-based online leak repair and line intervention operator backed by private equity firm Capstreet, has acquired Garrison Enterprise Inc., a Vineland, New Jersey provider of line intervention services with operations along the U.S. East Coast. The acquisition (terms not disclosed) expands Colt's line intervention capabilities and geographic reach across its service territories while retaining Garrison's leadership team for continuity.

Stewart's Shops Acquires Jolley Associates and S.B. Collins Businesses

December 16, 2024

Retail

Stewart's Shops Corp. has acquired the retail convenience-store operations of Jolley Associates LLC and the wholesale petroleum and residential heating oil businesses of S.B. Collins Inc., adding 45 convenience stores across Vermont, New Hampshire and New York. The deal expands Stewart's regional footprint and integrates fuel distribution and heating-oil operations previously owned by the Jolley family; Matrix Capital Markets advised the sellers.

Team Group Acquires S.&T. Group

September 6, 2024

Industrial Services

Team Group, a global facility management and industrial services provider, has acquired S.&T. Group, a multi-trade contracting and maintenance business serving Northern Ontario. The deal expands Team Group's presence in the Algoma District and brings in S.&T.'s electrical, HVAC, plumbing, data and general contracting capabilities while retaining the target's existing management and employees.

TJC, L.P. (The Jordan Company) Acquires Industrial Service Group Holdings, LLC

December 19, 2022

Industrial Services

TJC, L.P. (The Jordan Company) has acquired Industrial Service Group Holdings, LLC (The Industrial Service Group) in a sale from KCM Capital Partners, with PNC Mezzanine Capital, Five Points Capital, and ISG management among the sellers. The transaction represents the exit of KCM's buy-and-build investment in ISG, a provider of recurring outsourced MRO services and rotating equipment repair, service and distribution for industrial end markets.