Center Rock Capital Partners Acquires Power Plant Services, Inc.

JLL Partners Acquires PowerParts Group to Build Power Turbine Aftermarket Components Platform

January 27, 2026

Industrial Services

JLL Partners acquired PowerParts Group, a provider of mission-critical aftermarket replacement parts and field services for gas- and steam-turbine power plants. The investment will serve as the foundation for an engineering-centric power generation components platform, with plans to expand capacity and capabilities through organic initiatives and strategic acquisitions.

GenServe Acquires Power and Energy Services, Inc. (PES)

November 20, 2025

Industrial Services

GenServe, a PE-backed provider of backup power solutions, has acquired Power and Energy Services, Inc. (PES), an Austell, Georgia-based generator maintenance, repair, rental and equipment solutions provider. The acquisition expands GenServe's presence in the Southeastern United States, strengthens technical capabilities, and establishes a regional operations hub to support future growth.

Shermco Industries Acquires Power Products and Solutions (PPS)

March 11, 2025

Industrial Services

Shermco Industries has acquired Power Products and Solutions (PPS), a NETA-accredited electrical testing and breaker reconditioning specialist based in Charlotte, North Carolina. The deal (terms undisclosed) doubles Shermco's service capacity in the Charlotte area, expands its technical capabilities — including a PEARL-certified breaker shop — and strengthens the company's position across the Southeast. Shermco is majority-owned by Gryphon Investors.

Center Rock Capital Partners Acquires Power Services Group

July 11, 2022

Industrial Services

Center Rock Capital Partners has acquired Power Services Group (PSG), a Cape Coral, Florida–based independent provider of turbine and generator maintenance, repair and overhaul (MRO) services. PSG serves power generation, industrial and petrochemical customers; Center Rock said it will support PSG’s domestic and international growth as part of its portfolio of heavy equipment aftermarket businesses.

Platform Partners Completes Minority Investment in Process Service Specialists

August 4, 2020

Industrial Services

Platform Partners LLC completed a minority equity investment in Process Service Specialists, LLC (PSS), a specialty mechanical contractor and turnaround services provider headquartered in Gonzales, Louisiana. Platform partnered with strategic co-investors Bruce Ross (OFS Energy Fund), Adam Zylman (Grey Owl Partners) and Dave Fanta to support PSS's continued growth, infrastructure investment and capability expansion while co-founders Keith Harrison and Roy Stilley remain in leadership roles.

GenServe (GenNx360) Acquires Power Performance Industries

April 22, 2019

Industrial Services

GenNx360 Capital Partners’ portfolio company GenServe acquired Power Performance Industries (PPI) on April 18, 2019. The add-on expands GenServe’s generator maintenance, sales and rental capabilities and strengthens its presence in the Metro New York, Northern New York and Connecticut regions, while broadening equipment sales and service relationships.