The Colt Group Acquires Plant Services, Inc.

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 RJ Stacey

January 27, 2025

Industrial Services

The Colt Group, a Houston-based on-line industrial leak repair and mechanical services provider, has acquired RJ Stacey, a Lake Orion, Michigan specialist in hot tapping, line stopping and on-line leak repair. The acquisition (terms undisclosed) expands Colt’s Midwest footprint and adds RJ Stacey’s hot tap/line stop capabilities to Colt’s service offering; RJ Stacey founder and CEO Ryan Stacey will remain with the company.

Center Rock Capital Partners Acquires Power Plant Services, Inc.

June 30, 2021

Industrial Services

Center Rock Capital Partners, LP acquired Power Plant Services, Inc., a Melrose Park, Illinois-based provider of aftermarket turbine components and turnkey MRO services for power generation and industrial customers. Center Rock said it will work with PPS's management to drive organic growth, expand capabilities, and pursue domestic and international growth opportunities.

PSC Group (Aurora Capital Portfolio) Acquires Steel Line Rail Services LLC

May 16, 2023

Transportation

PSC Group, a portfolio company of Aurora Capital Partners, has acquired the assets of Steel Line Rail Services LLC, a mobile railcar repair, inspection and valve maintenance provider founded in Marshall, Texas. The acquisition expands PSC's railcar repair and mobile service capabilities and broadens its geographic footprint across the U.S., Mexico and Canada.

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.

Capstreet Acquires TOPS Field Services

January 29, 2026

Industrial Services

Houston-based private equity firm Capstreet has acquired TOPS Field Services, LLC, a Huffman, Texas–based provider of inspection, overhaul and maintenance services for gas and steam turbines, LNG equipment, and generators. Management, including founder and CEO Toby Wooster, will remain with the company as Capstreet partners with TOPS to expand service offerings, enhance capabilities, and pursue geographic expansion; terms were not disclosed.