Cornerstone Capital Holdings Acquires Powers Equipment Company

CFS Brands Acquires Cornerstone Foodservice Group

December 4, 2025

Manufacturing

CFS Brands, the Oklahoma City–based foodservice products manufacturer, has acquired Cornerstone Foodservice Group (CFG), the Naperville, Illinois–headquartered owner of Spring USA, LloydPans, Equipex, Astra and Versa‑Gard. The deal brings CFG’s manufacturing footprint and complementary commercial foodservice equipment brands into CFS Brands’ portfolio to broaden product capabilities and deepen its front- and back-of-house offering.

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.

Center Rock Capital Partners Acquires Power Plant Services, Inc.

June 30, 2021

Industrial Services

Center Rock Capital Partners, LP acquired Power Plant Services, Inc., a Melrose Park, Illinois-based provider of aftermarket turbine components and turnkey MRO services for power generation and industrial customers. Center Rock said it will work with PPS's management to drive organic growth, expand capabilities, and pursue domestic and international growth opportunities.

Copley Equity Partners Invests in Power Solutions Group

May 13, 2021

Industrial Services

Copley Equity Partners has made a growth investment in Power Solutions Group, a NETA‑accredited provider of high‑voltage electrical testing, maintenance, and automation services. Owner Barry Willoughby retains significant ownership and will continue to lead the company as Copley supports organic growth and an acquisitive expansion strategy.

Rotunda Capital Partners Acquires Refrigeration Sales Corporation

June 23, 2021

Industrial Services

Rotunda Capital Partners has acquired a majority stake in Refrigeration Sales Corporation (RSC), a fourth-generation wholesale distributor of HVAC/R equipment, parts and supplies headquartered in Valley View, Ohio. The investment positions RSC to pursue product, service, and geographic expansion across Northeast Ohio and Western Pennsylvania while preserving the company's family culture and management team.

Unified Power (Incline Equity Portfolio Company) Acquires Core Power & Environment

March 8, 2023

Industrial Services

Unified Power, a portfolio company of Incline Equity Partners, has acquired Core Power & Environment, a provider of backup power equipment, critical space engineering and maintenance services. The acquisition expands Unified Power's footprint and capabilities in critical power solutions, particularly in the Northeast U.S., and serves as an add-on to the Unified Power platform.