Mid-State Industrial Maintenance Acquires Mine Equipment & Design

Architect Equity Acquires Material Handling Exchange (MHE)

June 9, 2026

Industrial Services

Architect Equity announced the acquisition of Material Handling Exchange, LLC (MHE), a provider of new and used material handling equipment in North America. MHE will continue operating from its existing facilities and becomes an add-on to Architect’s Southland Equipment platform, expanding Southland’s footprint into Georgia and the broader Southeast corridor. Terms were not disclosed.

ONCAP (Onex) Acquires Mid-State Industrial Maintenance from CenterGate Capital

June 2, 2025

Industrial Services

ONCAP, the lower-middle-market private equity platform of Onex Corporation, has acquired Mid-State Industrial Maintenance, a Lakeland, Florida-based provider of industrial maintenance, repair and overhaul (MRO) services, from CenterGate Capital. The acquisition expands ONCAP's presence in industrial services and adds capabilities and geographic coverage across the Southeast and Midwest U.S., where Mid-State serves utilities, chemical processing, building products, food & beverage and renewables customers.

Mid-State Industrial Maintenance Acquires Elmco Industrial Services

December 13, 2021

Industrial Services

Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, has acquired Elmco Industrial Services, a Van Wert, Ohio-based mechanical shop and field services provider. The add-on acquisition expands Mid-State's field and shop capabilities and increases geographic reach across aggregates, grain, food processing, and general industrial end markets.

Alta Equipment Group Acquires Midwest Mine Services

November 18, 2021

Industrial Services

Alta Equipment Group Inc. agreed to acquire Midwest Mine Services LLC to expand its engineering and design capabilities within its construction business segment and broaden its aggregate-processing solutions across Alta's branch network. Midwest Mine Services, headquartered near Toledo (Northwood), Ohio, generated approximately $17 million in revenue and $1.3 million of adjusted EBITDA for the trailing twelve months ended July 2021; terms were not disclosed and the transaction was expected to close in Q4 2021.

Mid-State Industrial Acquires AZZ SMS From AZZ Inc.

October 28, 2020

Industrial Services

CenterGate Capital-backed Mid-State Industrial Maintenance has acquired AZZ SMS LLC from AZZ Inc. AZZ SMS, headquartered in St. Petersburg, Florida, is a specialty provider of turnkey boiler repair, maintenance and overhaul services; the acquisition expands Mid-State's service capabilities in the power generation and pulp & paper markets.

CenterGate Capital Invests in Mid-State Industrial Maintenance

January 12, 2019

Industrial Services

Austin-based private equity firm CenterGate Capital has made an investment in Mid-State Industrial Maintenance, a Lakeland, Florida-based provider of on-site and off-site industrial maintenance and fabrication services. The investment will provide capital and strategic resources to support Mid-State's capability growth and geographic expansion across the southeastern United States, while CEO Jeff Clyne will continue to lead the company and serve on its board.