CAM Industrial Solutions Acquires Worley's North American Maintenance, Turnaround and Power O&M Businesses

Royal Power Solutions Acquires Business Assets from Wieland Rolled Products North America

December 9, 2020

Manufacturing

Royal Power Solutions, an Industrial Growth Partners (IGP) portfolio company, acquired certain business assets and product lines from Wieland Rolled Products North America in two transactions (October 8 and December 9, 2020). The assets—including busbars, terminals, eyelets and shields—bolster Royal's capabilities in electrical connectivity for automotive, EV and power electronics platforms and add new manufacturing technologies and customers in mobility markets.

Andwis Acquires Turnpower

September 24, 2024

Construction

Andwis has acquired London-based commercial property maintenance specialist Turnpower. Morphose Capital Partners advised Turnpower on the sale; the acquisition strengthens Andwis's Maintenance & Response capability and expands its client footprint across retail, healthcare, hospitality and social housing sectors in London and the Home Counties.

TowerBrook Capital Partners Acquires Majority Stake in LiftWerx

June 17, 2024

Renewable Energy

TowerBrook Capital Partners has made a majority equity investment in LiftWerx Holdings Inc., a Canada-based provider of turnkey operations and maintenance (O&M) services to the onshore wind industry. The investment — the third for TowerBrook Delta, the firm’s impact strategy — will support LiftWerx’s fleet expansion, hiring and service-capability growth across North America.

Brown & Root Industrial Services Acquires Specialty Welding and Turnarounds (SWAT)

January 6, 2026

Industrial Services

Brown & Root Industrial Services, a joint venture owned by One Equity Partners and KBR, has acquired Specialty Welding and Turnarounds (SWAT) from ORIX Capital Partners; Hastings Equity Partners sold its minority stake as part of the transaction. The deal expands Brown & Root’s industrial services capabilities in specialty welding and turnaround work across refining, petrochemical and biodiesel clients and builds scale for the Brown & Root platform.

The Rapid Group Acquires O&M Solutions, LLC

November 6, 2025

Environmental Services

The Rapid Group, a portfolio company of Hidden Harbor Capital Partners, has acquired O&M Solutions, LLC, a Freehold, New Jersey-based provider of operations and maintenance services for wastewater treatment plants. The add-on expands TRG's presence across the Northeastern U.S. and strengthens its water/wastewater service offerings; LBC Credit Partners provided financing and advisors were disclosed for both sides.

Wynnchurch Capital Acquires Majority Stake in Industrial Service Solutions

December 5, 2022

Industrial Services

Wynnchurch Capital has acquired a majority ownership in Industrial Service Solutions (ISS) from Edgewater Funds and JZ Capital Partners, with Edgewater and JZ retaining minority stakes. The recapitalization will support ISS's continued organic growth and acquisitive expansion of its national industrial MRO platform headquartered in Houston, Texas.