Bessemer Investors Makes Strategic Investment in W Services Group

Groome Industrial Service Group Acquires W-S Companies

January 19, 2024

Industrial Services

Groome Industrial Service Group (an Argosy Private Equity portfolio company) acquired W-S Companies, a veteran-owned industrial and mechanical services provider headquartered in Council Bluffs, Iowa. Seacoast Capital and Ironwood Capital provided subordinated debt and co-investment capital to support the acquisition alongside Argosy and existing investors; Bridgepoint advised W-S on the sale.

Westbridge Capital Acquires Berg Industrial Service, Inc.

August 2, 2024

Industrial Services

Westbridge Capital Ltd. has completed the acquisition of Berg Industrial Service, Inc., a 50-year-old, second-generation family business headquartered in Ontario that designs, installs and services industrial chilling systems and operates an associated engineering and fabrication business. The transaction includes a 10% equity participation by the Westbridge Capital Partners Income Trust. Management continuity was announced with Mark Edwards continuing as CEO, Rebecca Carothers joining as COO, and Michael Turner joining the board.

W&B Service Company Acquires Sanders Trailer Service

February 10, 2026

Transportation

W&B Service Company, a portfolio company of Stellex Capital Management, has acquired Sanders Trailer Service, a full-service semi-trailer dealership with three locations in Kansas and Missouri. The deal expands W&B's trailer sales and service capabilities into Kansas and western Missouri, adding agricultural-focused trailer offerings and parts/service capacity for customers across the Midwest.

Livingbridge Invests in Waste Services Group (WSG)

January 18, 2022

Environmental Services

Livingbridge has completed an investment in Waste Services Group (WSG), a Melbourne-headquartered provider of managed waste and collection services for Australian businesses. The funding (supported by a unitranche facility from Ares) will support WSG's continued organic growth, strategic acquisitions and expansion across existing and new Australian markets.

Warburg Pincus Acquires Service Express from Harvest Partners

August 15, 2024

IT Services

Warburg Pincus has completed a growth investment/acquisition of Service Express from Harvest Partners. Service Express, a Grand Rapids-based provider of third-party data center maintenance and managed infrastructure services, will continue to be led by CEO Ron Alvesteffer and use the investment to support geographic expansion, go-to-market initiatives and strategic acquisitions.

W Investments Group and Desjardins Capital Acquire Groupe BFL (Bousquet Technologies & Nagas Innovation)

May 7, 2024

HVAC & Mechanical

W Investments Group II L.P., in partnership with Desjardins Capital, has acquired Groupe BFL and its subsidiaries Bousquet Technologies and Nagas Innovation. Management remains in place and the investors said the partnership will support accelerated growth and expanded North American distribution of the company’s energy‑recovery and ventilation products.