Industrial Service Solutions Acquires MSHS Pacific Power Group

MPE Partners / MSHS Acquire Pacific Power Group

August 9, 2022

Industrial Services

MPE Partners, together with its portfolio company Motor-Services Hugo Stamp, Inc. (MSHS), has acquired Pacific Power Group (PPG), a Vancouver, Washington–headquartered provider of products, parts, and maintenance, repair and overhaul (MRO) services for marine, energy, commercial and industrial equipment. The deal creates a nationwide MRO, engine and controls service network by combining PPG's Western U.S., Alaska, Hawaii and Gulf locations with MSHS's Eastern U.S., Gulf and Pacific Northwest footprint to expand geographic coverage, technical capabilities and OEM access. Terms were not disclosed.

MPE Partners Recapitalizes MSHS Group

February 22, 2021

Industrial Services

MPE Partners (Morgenthaler Private Equity) has completed a recapitalization of MSHS Group, a Fort Lauderdale-based independent MRO services provider for marine and power generation applications. MPE partnered with MSHS majority owner Are Friesecke and members of the senior management team to support the company’s growth initiatives and expand technical capabilities across its MSHS and GCS business units.

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.

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.

Industrial Service Solutions Acquires Rotating Mechanical Solutions Corporation

August 15, 2022

Industrial Services

Industrial Service Solutions (ISS), a Houston-based industrial services provider, has acquired full ownership of Rotating Mechanical Solutions Corporation (RMSC), a Colorado-headquartered specialist in maintenance, repair and overhaul of large-scale rotating equipment. The acquisition expands ISS’s on-site preventive and predictive maintenance, testing and diagnostics, and motor/compressor sales and service capabilities across the western United States as an add‑on to ISS’s field service platform.

Powerhouse Retail Services Acquires Advanced Service Solutions

February 23, 2022

Industrial Services

Powerhouse Retail Services, a portfolio company of Lincolnshire Management, has acquired Advanced Service Solutions, a Hammonton, New Jersey-based provider of interior and exterior facilities maintenance services. The add-on expands Powerhouse's national facilities maintenance capabilities and contractor/estimation capacity, particularly across pharmacy, grocery and retail end markets; financial terms were not disclosed.