Capstreet Acquires Analytic Stress Relieving, Inc.

Industrial Thermal Services Acquires On-Site Stress Relieving Services

May 7, 2025

Industrial Services

Industrial Thermal Services (ITS), supported by Amberjack Capital Partners, has acquired On-Site Stress Relieving Services (OSR), a regional specialist in post-weld heat treating and on-site thermal services. The deal adds OSR locations in Tulsa, Oklahoma; Houston, Texas; and Topeka, Kansas, expanding ITS's national footprint and field-service capabilities.

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.

Prairie Capital VI Recapitalizes Analytical Sensors & Instruments (ASI)

April 18, 2019

Manufacturing

Prairie Capital VI, LP partnered with CEO Drew Hall and ASI management to recapitalize Analytical Sensors & Instruments, a Sugar Land, Texas-based manufacturer of electrodes, analytical sensors and chemical solutions for water testing. The recapitalization will support company-building investments including sales and marketing, new product development, infrastructure and potential add-on acquisitions.

Futura Healthcare Acquires ASR Healthcare

February 28, 2023

Healthcare Services

Futura Healthcare has acquired ASR Healthcare, a regional point-of-care solutions and service provider, expanding Futura's technical capabilities and geographic footprint to include Atlanta. The deal adds ASR's skilled technicians and technology center to Futura's national platform; Futura is PE-backed by Renovus Capital Partners (invested 2020).

Atlantic Street Capital Recapitalizes ACIS (Air Conditioning Innovative Solutions)

December 22, 2021

HVAC & Mechanical

Atlantic Street Capital completed a majority recapitalization to acquire a controlling stake in ACIS (Air Conditioning Innovative Solutions), a leading commercial facility services and HVAC provider in Texas. Caltius Equity Partners, ACIS' prior institutional investor, will remain an investor and on the board while Atlantic Street will support growth initiatives including salesforce investment, data-driven operations, geographic expansion and add-on M&A.

Commercial Metals Company Acquires Advanced Steel Recovery

September 15, 2022

Industrial Services

Commercial Metals Company (CMC) acquired Advanced Steel Recovery, LLC (ASR), a Southern California-based processor and broker of recycled ferrous metals. The deal strengthens CMC's scrap sourcing and processing capabilities to support its Western U.S. mills and upcoming Arizona micro mill startup.