Resolute Industrial Acquires the Assets of DriExpress and Empire Holdings

Aggreko Acquires Resolute Industrial from AE Industrial Partners for $440M

December 28, 2022

Industrial Services

Aggreko has signed a definitive agreement to acquire Resolute Industrial from AE Industrial Partners for $440 million on a cash-free, debt-free basis. Resolute is a U.S.-based provider of temporary HVAC&R rental services, compressor remanufacturing and refrigerant storage operating from ~38 locations across North America; Aggreko says the deal expands its temperature-control capabilities and access to high-return capital equipment.

Resolute Industrial Acquires All American Portable Air

May 17, 2021

HVAC & Mechanical

Resolute Industrial Holdings (through its Mobile Air & Power Rentals division) acquired All American Portable Air, a two-location provider of temporary cooling and climate-control rental solutions serving the Southeast. The acquisition expands Resolute's geographic presence into the Nashville market; terms were not disclosed and founder Roscoe Nesmith and employees will remain with the business.

EVI Industries Acquires Express Parts and Services

June 5, 2023

Industrial Services

EVI Industries completed an asset purchase agreement to acquire Express Parts and Services (EXP), a Sykesville, Maryland-based distributor of commercial laundry equipment and provider of installation and maintenance services. The acquisition expands EVI's presence and market share in Maryland and advances the company's buy-and-build strategy to grow its network of technicians and regional service capabilities.

Solvent Direct Acquires Hydro Extract Express

March 27, 2025

Logistics & Distribution

Solvent Direct, a national distributor of high-purity solvents and lab supplies, has acquired Hydro Extract Express to expand its distribution and logistics footprint across Southern California, Nevada, and Arizona. The deal adds same-day/next-day delivery routes, an Adelanto technology and showroom facility, and a seasoned regional team to strengthen Solvent Direct's service and technical support for extraction customers in the Southwest.

Hub International Acquires Assets of Desert Empire Insurance Services

December 4, 2017

Insurance

Hub International Limited acquired the assets of Desert Empire Insurance Services, Inc., a Palm Desert, California-based independent multi-line insurance brokerage. DEI principals Matt Costello, Paul Lewis and Sal Sandoval will join Hub California; terms were not disclosed and the deal expands Hub’s local footprint and specialty product expertise in the Coachella Valley.

Rental Equipment Investment Corp. (REIC) Acquires Industrial Drying Solutions (IDS)

January 26, 2023

Industrial Services

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, has acquired Industrial Drying Solutions, LLC (IDS), a Franklin Park, Illinois-based provider of specialty rental equipment for heating, dehumidification and power. IDS was a subsidiary of Power Rental Solutions; the transaction is an add-on to REIC's specialty rental platform to expand geographic footprint and broaden its equipment offering in the restoration services market.