CGS Partners Acquires S&G Resources

SGS SA Acquires Applied Technical Services from Odyssey Investment Partners

January 13, 2026

Industrial Services

Swiss testing, inspection and certification firm SGS SA completed the acquisition of Applied Technical Services, LLC from Odyssey Investment Partners, LLC and other selling shareholders. The transaction, announced July 1, 2025 and completed January 13, 2026, is valued at roughly $1.32 billion and was financed via cash, debt and a small equity consideration to certain sellers and key employees.

Gladstone Investment and Xyresic Capital Acquire Smart Chemical Solutions

May 19, 2025

Oil & Gas

Gladstone Investment Corporation (Nasdaq: GAIN), alongside co-investor Xyresic Capital, has acquired Smart Chemical Solutions, LLC, a Midland, Texas–based provider of production chemicals to onshore oil and gas operators. Gladstone provided equity and senior secured debt to complete the transaction; Palo Duro Capital was the seller according to advisor announcements.

SGS Acquires Aster Global Environmental Solutions

January 8, 2025

Environmental Services

SGS has acquired Aster Global Environmental Solutions, Inc., a provider of greenhouse gas (GHG) validation and verification, forestry and ecosystem services, and sustainability assurance. The acquisition adds roughly 25 employees and expands SGS’s Impact Now for sustainability platform and GHG service capabilities in North America and globally.

HPS Investment Partners Acquires Majority Stake in SGS & Co

May 1, 2023

Marketing & Advertising

HPS Investment Partners has completed a transaction to acquire a majority equity stake in SGS & Co, a global provider of technology-enabled brand design, digital marketing, and packaging artwork services. The deal restructures SGS's capital structure with substantial debt reduction and positions the company to accelerate investments in technology, automation, and service expansion.

Paine Schwartz Partners Makes Strategic Investment in HGS BioScience (Formerly Humic Growth Solutions)

September 20, 2022

Agriculture

Paine Schwartz Partners completed a strategic investment through its Food Chain Fund VI in HGS BioScience (formerly Humic Growth Solutions), a Jacksonville-based manufacturer of extracted humic and fulvic acid products. The investment (terms undisclosed) will support the company's growth, product innovation and operational scaling across its six North American manufacturing sites and global distribution footprint.

Aurora Capital Partners Acquires Petroleum Service Corporation from SGS

June 24, 2019

Industrial Services

Aurora Capital Partners has acquired Petroleum Service Corporation (PSC) from SGS in a transaction reportedly valued at approximately $335 million. PSC is a North American leader in product handling and site logistics for petrochemical, refining, midstream and marine transportation end markets, with 3,500+ employees operating across the U.S. and Canada; Aurora said it will provide capital to accelerate PSC’s growth as part of its Equity Partners V fund.