Industry Services Co. (Osceola Capital Portfolio) Acquires Lonestar Sierra Industrial Services

Stellex Capital Management Acquires Industrial Construction Services Holding (ICS)

January 15, 2025

Industrial Services

Stellex Capital Management, a New York-based middle-market private equity firm, has completed the acquisition of Industrial Construction Services Holding (ICS), a provider of mission-critical electrical and instrumentation services. Stellex plans to partner with ICS management to invest in organic growth and pursue strategic add-on acquisitions to expand the company’s service capabilities and geographic footprint across the United States.

TJC, L.P. (The Jordan Company) Acquires Industrial Service Group Holdings, LLC

December 19, 2022

Industrial Services

TJC, L.P. (The Jordan Company) has acquired Industrial Service Group Holdings, LLC (The Industrial Service Group) in a sale from KCM Capital Partners, with PNC Mezzanine Capital, Five Points Capital, and ISG management among the sellers. The transaction represents the exit of KCM's buy-and-build investment in ISG, a provider of recurring outsourced MRO services and rotating equipment repair, service and distribution for industrial end markets.

Industry Services Co. Acquires Oak Mountain Industries, Bisco Refractories and Glasrock

June 15, 2021

Industrial Services

Industry Services Co. (ISC), a portfolio company of Osceola Capital, has acquired three refractory and industrial maintenance businesses: Oak Mountain Industries, Bisco Refractories, and Glasrock. The add-on acquisitions expand ISC's geographic footprint across the Southeast, Midwest, Northeast and into Canada and broaden its refractory and plant maintenance capabilities.

Industrial Service Group Acquires Georgia Western

April 2, 2021

Industrial Services

The Industrial Service Group (ISG), its industrial rotating equipment services platform, has acquired Georgia Western, a Kennesaw, Georgia-based provider of electric valve actuation parts, distribution and service. The deal was supported with subordinated debt and equity from Five Points Capital and completed in partnership with management, KCM Capital Partners, PNC Mezzanine Capital and LBC Credit Partners; Georgia Western's founders will remain involved in day-to-day operations.

Osceola Capital Recapitalizes Industry Services Company; ISC Acquires Guy Nielson Company

August 14, 2020

Industrial Services

Tampa-based private equity firm Osceola Capital completed a majority recapitalization of Industry Services Company (ISC), a Mobile, Alabama-headquartered provider of industrial and refractory maintenance services. Concurrent with the recapitalization, ISC completed the add-on acquisition of Guy Nielson Company (GNC), combining GNC with ISC's DG Skouse division to create a broader national industrial maintenance platform.

Industrial Service Solutions Acquires Five Regional Industrial Service Companies

February 1, 2016

Industrial Services

Industrial Service Solutions, a portfolio company of Edgewater Growth Capital, acquired five regional industrial service businesses — Midwest Valve Parts Supply Co., Cajun Valve Services, All-Pump & Equip. Co., Service Equipment & Repair Company, and Plant-N-Power Services — to expand its field service, repair and parts capabilities. The deals augment ISS’s national platform by adding products, technical personnel, physical assets and new geographies to support industrial and manufacturing customers across North America.