Rosewood Private Investments / StationServ Completes Add-on Acquisitions of Four Petroleum Equipment Businesses

Rosewood / StationServ Complete Two Add-on Acquisitions to Expand Petroleum Equipment Services

October 5, 2023

Industrial Services

Rosewood Private Investments' portfolio company StationServ completed two add-on acquisitions in 2023, bringing StationServ's total to eight acquisitions. The add-ons expand the platform's service capabilities and geographic footprint across Texas, Louisiana, Arkansas, Tennessee and Mississippi.

Rosewood Private Investments Acquires AMPET and PECO to Form StationServ

January 18, 2022

Industrial Services

Rosewood Private Investments acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and combined them under a new holding company, StationServ. The deal brings together geographically contiguous fuel equipment distribution and service territories in Mississippi, Arkansas and Tennessee to expand service capabilities and create a platform for further add-on acquisitions; both sellers will remain involved during a transition period.

StationServ (Rosewood Private Investments) Acquires The Southern Co., Inc.

September 30, 2022

Industrial Services

Rosewood Private Investments' holding company StationServ Holdings acquired The Southern Co., Inc. (SoCo), a Memphis-based petroleum equipment distributor; SoCo will operate as a subsidiary of StationServ and the Scott family (Eric and Jason Scott) will remain involved in day-to-day operations. The add-on expands StationServ's service capabilities and densifies its Mid-South footprint across sales, construction, service, electrical and environmental compliance testing for petroleum and industrial customers.

Petroleum Equipment Holdings (StationServ) Acquires Durand's Testing Service

July 21, 2022

Industrial Services

Rosewood Private Investments-backed StationServ appointed Eric Reisner as CEO and expanded its StationServ platform when subsidiary Petroleum Equipment Holdings, LLC acquired Durand's Testing Service, Inc. The add-on brings tank and fuel-line inspection and compliance capabilities to the StationServ portfolio, supporting broader service offerings for petroleum retailers and related customers.

Island Pump and Tank Acquires Petroleum Equipment Construction, Inc.

October 10, 2023

Industrial Services

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, has acquired Petroleum Equipment Construction, Inc. (PEC), a Lockhart, Florida–based provider of maintenance, testing, repair and installation services for petroleum storage, fueling systems and point-of-sale equipment. The add-on expands Island Pump’s geographic footprint into Florida and enhances service coverage for its existing customers; Capital Southwest Corporation provided financing for the transaction.

Holland Pump Acquires Sander Power Equipment and Pump & Power Equipment Corp.

September 26, 2022

Industrial Services

Holland Pump Company has completed the acquisitions of Sander Power Equipment (Trevose, PA) and Pump & Power Equipment Corp. (Jessup, MD), adding three branches to its pump rental and dewatering services platform. The deals are the fourth and fifth add-ons since Holland Pump partnered with investor XPV Water Partners, expanding Holland Pump's capabilities and geographic reach across the Mid-Atlantic to serve municipal, construction, industrial, and mining customers.