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
Location
Utah, United States
Transaction Type
Addon

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