Pearlman Group Acquires Power Rental & Sales

Pearlman Group Acquires Advantage Experts in Clean

December 15, 2022

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, acquired Advantage Marketing, Inc. (dba Advantage Experts in Clean), a Midwest distributor of professional cleaning and restoration chemicals, supplies, and equipment. The Bonwell family will continue to lead Advantage in partnership with Pearlman; terms were not disclosed. The deal expands Pearlman's specialty distribution footprint and service/education capabilities in the Midwest.

Pearlman Group Acquires Vector Tools

December 16, 2021

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, has acquired Advanced Diamond Technologies, Inc. dba Vector Tools. The acquisition expands Pearlman's specialty distribution capabilities in stone fabrication tools and supplies across the U.S. Southeast; founders Elbert Wu and Corey Levy and the current management team will remain with the business. Terms were not disclosed.

Pearlman Group Acquires CleanSource

March 22, 2022

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, has acquired CleanSource, Inc., a Columbia, South Carolina-based distributor of professional cleaning and restoration supplies. Terms were not disclosed; CleanSource’s founders (the Stutts family) will transition ownership while Jonathan Stutts and the CleanSource team continue operating the business as part of Pearlman’s specialty distribution platform.

Pearlman Group Acquires Excel Cleaning and Restoration Supplies

September 1, 2021

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, acquired Kimelmac, Inc. (dba Excel Cleaning and Restoration Supplies), a Fort Myers, Florida-based distributor of professional cleaning, restoration, pressure-washing and janitorial supplies. The transaction is an add-on to Pearlman’s distribution platform to expand into the restoration and professional cleaning end markets; the selling owners Matt and Julia Nelson will remain with management post-close.

CES Power Acquires Production Power & Air

January 6, 2022

Industrial Services

CES Power LLC, a platform backed by private equity firm Allied Industrial Partners, has acquired Production Power & Air, a Fort Lauderdale-based provider of temporary power generation, distribution and climate control services for the special events and entertainment industries. The deal expands CES Power’s operating coverage in the U.S. Southeast (including the Miami market) and represents an add-on acquisition to accelerate platform growth; terms were not disclosed.

Pearlman Group Acquires Cleaners Connection

June 28, 2022

Industrial Services

Pearlman Group, a portfolio company of The Stephens Group, acquired J. Dulac & Sons, Inc. dba Cleaners Connection, a North Little Rock-based specialty distributor of cleaning and restoration supplies. The add-on expands Pearlman's footprint in the cleaning & restoration market across the Midwest and South; financial terms were not disclosed.