Groome Industrial Service Group Acquires Blasting Solutions, Inc.
March 28, 2023
Groome Industrial Service Group, a portfolio company of Argosy Private Equity, has acquired Blasting Solutions, Inc. (BSI), a Syracuse, Utah-based provider of controlled explosive blasting services for boiler deslagging. The add-on expands Groome's capacity and west coast footprint and strengthens its service offering into coal-fired and biomass power plant markets while supporting demand for its KinetiClean HRSG/tube-cleaning service.
- Buyers
- Groome Industrial Service Group, Argosy Private Equity
- Targets
- Blasting Solutions, Inc.
- Platforms
- Groome Industrial Service Group
- Industry
- Industrial Services
- Location
- Utah, United States
- Transaction Type
- Addon
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