Thorpe Specialty Services Acquires Walburn Industrial Services, LLC

Thorpe Specialty Services Acquires Williams Refractory Services

September 5, 2025

Industrial Services

Thorpe Specialty Services, a Houston-based industrial specialty services provider backed by KLH Capital, has acquired Williams Refractory Services of Lee's Summit, Missouri. The add-on expands Thorpe's geographic footprint into the Midwest, broadens its refractory and kiln reline capabilities, and strengthens exposure to cement, power and ethanol end markets.

Thorpe Specialty Services Acquires Streamline Industrial Services

August 7, 2025

Industrial Services

Thorpe Specialty Services, a KLH Capital–backed industrial services platform, has acquired Streamline Industrial Services, LLC of Salt Lake City, Utah. The add-on expands Thorpe’s geographic footprint into the Mountain West and specialty minerals & mining end market while adding refractory, corrosion, fireproofing, specialty coatings, and mechanical capabilities to its service offering.

KLH Capital Recapitalizes Thorpe Specialty Services

August 31, 2022

Industrial Services

KLH Capital has completed a recapitalization of Thorpe Specialty Services, partnering with Thorpe management while prior sponsor The Capstreet Group sold its stake. Thorpe, a Houston-based provider of refractory, corrosion, scaffolding and insulation maintenance and engineering services with ~1,250 employees, will use the partnership to accelerate growth and scale across petrochemical, power, mining and other industrial end markets.

SCF Partners Acquires Titan Group and Affiliates to Form Taurus Industrial Group

August 13, 2019

Industrial Services

SCF Partners has acquired Titan Group, LLC and its affiliated companies and combined them with SCF's existing portfolio company, Hi‑Tech Industrial Services, LLC, to form Taurus Industrial Group. The combined platform, headquartered in Houston, Texas, will provide integrated E&I, engineering, mechanical, refractory and soft‑craft services to the refining, petrochemical and midstream industries across the US Gulf Coast and Midwest.

Brown & Root Industrial Services Acquires Specialty Welding and Turnarounds (SWAT)

January 6, 2026

Industrial Services

Brown & Root Industrial Services, a joint venture owned by One Equity Partners and KBR, has acquired Specialty Welding and Turnarounds (SWAT) from ORIX Capital Partners; Hastings Equity Partners sold its minority stake as part of the transaction. The deal expands Brown & Root’s industrial services capabilities in specialty welding and turnaround work across refining, petrochemical and biodiesel clients and builds scale for the Brown & Root platform.

Thompson Safety Acquires Bulwark Fire Protection

August 20, 2025

Industrial Services

Thompson Safety, a Houston-based provider of first aid and fire protection services, has acquired Bulwark Fire Protection, a Texas fire protection company based in Austin. The acquisition expands Thompson Safety’s full-service fire protection capabilities in the Austin market and brings Bulwark’s technicians and leadership into Thompson Safety to enable cross-selling of safety and fire services.