Advanced Industrial Devices Acquires R.S. Integrators

Black Bay Energy Capital Acquires Majority Stake in Advanced Industrial Devices from Rock Island Capital

May 17, 2022

Manufacturing

Black Bay Energy Capital, a private equity firm focused on the North American energy sector, has acquired a majority interest in Advanced Industrial Devices (AID) from Rock Island Capital. The investment will support AID's growth by expanding its manufacturing, engineering and service capabilities to meet rising demand for electric motors and variable frequency drive (VFD) control systems across oil & gas and industrial end markets.

Advanced Industrial Devices Acquires Economy Control Systems

September 8, 2025

Industrial Services

Advanced Industrial Devices (AID), a portfolio company of Black Bay Energy Capital, has acquired Economy Control Systems (ECS), effective September 8, 2025. The acquisition adds ECS’s custom control-panel manufacturing and integration capabilities for water, wastewater, and industrial applications to AID’s platform, expanding AID’s presence in the water infrastructure and industrial dewatering markets on the U.S. East Coast.

IRI Acquires Retail Solutions, Inc. (RSi)

October 8, 2020

Data & Analytics

IRI, a provider of big data and predictive analytics for the CPG and retail industries, has acquired Retail Solutions, Inc. (RSi), a leading provider of supply chain and on‑shelf availability analytics for CPG manufacturers and retailers. The acquisition adds RSi’s supply chain solutions and large retail/warehouse-level data assets to IRI’s Liquid Data platform to enhance end-to-end supply chain visibility and analytics capabilities; financial terms were not disclosed.

Automated Industrial Robotics Inc. Acquires Robotics & Drives

October 10, 2024

Industrial Services

Automated Industrial Robotics Inc. (AIR), a PE-backed industrial automation platform, has acquired Ireland-based Robotics & Drives (RDS). The acquisition, funded primarily by an additional Ares Management private equity fund investment, expands AIR's robotics software and systems design capabilities and strengthens its presence in Europe; terms were not disclosed.

Trinity Industries Acquires RSI Logistics

March 8, 2023

Transportation

Trinity Industries, Inc. acquired RSI Logistics for $70 million, closing on March 8, 2023. The deal adds RSI's rail-focused software, logistics services, terminal operations, and intermodal capabilities to Trinity's rail services platform while retaining RSI employees.

Imperative Chemical Partners Acquires Refinery Specialties (RSI); Hastings and One Equity Recapitalize Imperative

February 21, 2023

Manufacturing

RSI Holdings LLC, an affiliate of Post Oak Energy Capital, sold Refinery Specialties, Inc. (RSI) to Imperative Chemical Partners LLC in an all-cash transaction. Hastings Equity Partners (with One Equity Partners) recapitalized Imperative and merged RSI into the platform to expand capabilities, geographic reach and accelerate consolidation in the specialty chemicals market.