Allied Industrial Partners Sells Dovetail Infrastructure Services to Undisclosed Strategic Buyer

Undisclosed Buyer Acquires Canadian Integrated Water Infrastructure Provider

January 15, 2021

Infrastructure

The Shaughnessy Group announced the completion of a sell-side mandate for an integrated provider of water infrastructure solutions in January 2021. The transaction implemented a succession plan for the company's principal shareholder; the buyer was not disclosed and legal and tax advisors on the deal included Stikeman Elliott, Gowling WLG, MNP and RLB.

Allied Industrial Partners Announces Strategic Investment in Pride Dynamo

June 17, 2025

Energy

Allied Industrial Partners, a Houston-based industrial-focused private equity firm, has made a strategic growth investment in Pride Dynamo, a Texas-headquartered provider of mission-critical distributed power solutions. The founders, Bill and Nicholas Wood, will remain meaningfully invested as Pride uses the capital to scale operations and expand across industrial, energy infrastructure, utility, and data center end markets; terms were not disclosed.

AXIOS Industrial Group Merges with A&L Industrial Services

June 5, 2020

Industrial Services

AXIOS Industrial Group and A&L Industrial Services reached an agreement to merge effective June 5, 2020; the combined company will operate under the AXIOS name and be headquartered in The Woodlands, Texas. The merger combines complementary industrial scaffolding, insulation, coatings, sandblasting and related services to increase scale and accelerate growth; White Deer Energy and Hastings Equity Partners remain majority shareholders of the combined entity.

Allied Industrial Partners Invests in Celebrity Coaches

March 21, 2024

Transportation

Allied Industrial Partners has made a strategic growth investment in Celebrity Coaches, a Nashville-area provider of luxury motorcoach design, fabrication and leasing for the live events and entertainment sector. Founder Jeff Michael and key management will remain owners as Allied provides capital to scale operations, expand service offerings and build a platform focused on entertainment infrastructure services.

Evolution Strategy Partners Recapitalizes Allied Underground, LLC

August 24, 2021

Industrial Services

Evolution Strategy Partners completed a recapitalization of Allied Underground, LLC to support the company’s next phase of growth. Allied Underground, a Bertram, Texas-based underground water, wastewater and storm sewer construction contractor, will retain founder Leonard Meredith as CEO and receive capital for equipment, personnel, and expansion in the greater Austin market.

Allied Industrial Partners Invests in JCL Energy

October 15, 2024

Industrial Services

Allied Industrial Partners, a Houston-based lower-middle market private equity firm, has made a strategic growth investment in JCL Energy, a Sharon, Pennsylvania-based distributor, renter, and service provider of pad-mounted and substation transformers. The founding team led by CEO Jim Landino will retain meaningful ownership; Allied plans to provide growth capital to expand operations, pursue add-on acquisitions, and accelerate geographic coverage across the U.S. (terms not disclosed).