Island Pump and Tank Acquires Petroleum Equipment Construction, Inc.

Hidden Harbor Capital Partners Acquires Island Pump and Tank Corp.

March 14, 2023

Environmental Services

Hidden Harbor Capital Partners has acquired Island Pump and Tank Corp., a long-standing provider of fuel retail maintenance, underground storage tank (UST) services, environmental remediation and construction services, in a new platform buyout that also included Advanced Waste Water Treatment Corp. Hidden Harbor will partner with Island Pump's existing management (the DiAndrea brothers) to pursue service expansion and regional market penetration across the Northeastern United States.

Island Pump and Tank (Hidden Harbor) Acquires S&W Services, Inc.

May 28, 2024

Industrial Services

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, has acquired S&W Services, Inc., a Syracuse-based provider of distribution, service, and inspection for petroleum, commercial and critical infrastructure customers. The deal expands Island Pump's footprint in Upstate New York (Syracuse and Rochester) and adds a new location in Glen Burnie, Maryland; financing was provided by Capital Southwest Corporation and Main Street Capital Corporation.

Island Pump and Tank (Hidden Harbor) Acquires Mid-South Steel Products

October 24, 2023

Industrial Services

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, has acquired Mid-South Steel Products Inc., expanding Island Pump’s service footprint into the U.S. Mid-West. The deal brings Mid-South’s manufacturing, installation, and distribution capabilities for petroleum equipment into Island Pump’s platform; financing was provided by Capital Southwest Corporation and the company’s owner, Sonny Underwood, will remain involved.

Island Pump and Tank Acquires C 3 Technologies LLC

March 6, 2024

Industrial Services

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, has acquired C 3 Technologies LLC, a New Jersey-based provider of petroleum tank service, compliance, testing, disposal and installation services. The acquisition densifies Island Pump's Northeastern footprint and expands its compliance and testing capabilities; financing for the transaction was provided by Capital Southwest Corporation and C 3 founder Manny Alvarez will remain involved.

Rosewood Private Investments Acquires AMPET and PECO to Form StationServ

January 18, 2022

Industrial Services

Rosewood Private Investments acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and combined them under a new holding company, StationServ. The deal brings together geographically contiguous fuel equipment distribution and service territories in Mississippi, Arkansas and Tennessee to expand service capabilities and create a platform for further add-on acquisitions; both sellers will remain involved during a transition period.

Hidden Harbor Capital Partners Acquires Machinery Services Corp. & Rapid Pump & Meter Service Co.

August 29, 2022

Industrial Services

Hidden Harbor Capital Partners, a Boca Raton-based private equity firm, acquired Machinery Services Corp. and Rapid Pump & Meter Service Co. (MSC&RPM), a Paterson, New Jersey provider of pump, motor and water/wastewater infrastructure services. The acquisition closed July 21, 2022; Hidden Harbor will partner with management to pursue growth and expand MSC&RPM's footprint in municipal, industrial and transportation end markets.