Petroleum Equipment Holdings (StationServ) Acquires Durand's Testing Service

Leonard Green & Partners Acquires Majority Stake in DuraServ Corp.

June 30, 2024

Industrial Services

Affiliates of Leonard Green & Partners (LGP) acquired a majority stake in DuraServ Corp., a provider of commercial and industrial overhead door and loading dock equipment maintenance, repair and installation services. DuraServ’s leadership and existing shareholders remain invested and will continue to run the business as LGP partners to support the company’s growth strategy; terms were not disclosed.

Kelvin Group (Southfield Capital-backed) Acquires Advanced Examination Services (AES-NDT)

December 5, 2023

Industrial Services

Kelvin Group, backed by Southfield Capital, has acquired Advanced Examination Services (AES-NDT), a Torrance, California-based provider of non-destructive testing (NDT) services for the petroleum, chemical and agricultural industries. The deal is Kelvin Group’s ninth acquisition since partnering with Southfield; Deerpath Capital Management provided debt financing and G2 Capital Advisors served as buy-side advisor.

Rosewood / StationServ Complete Two Add-on Acquisitions to Expand Petroleum Equipment Services

October 5, 2023

Industrial Services

Rosewood Private Investments' portfolio company StationServ completed two add-on acquisitions in 2023, bringing StationServ's total to eight acquisitions. The add-ons expand the platform's service capabilities and geographic footprint across Texas, Louisiana, Arkansas, Tennessee and Mississippi.

Rosewood Private Investments / StationServ Completes Add-on Acquisitions of Four Petroleum Equipment Businesses

December 6, 2022

Industrial Services

Rosewood Private Investments' petroleum equipment platform StationServ completed four add-on acquisitions — Perry and Sons, Parish Petroleum, B&J Equipment and Titus Pump — expanding the platform's service, installation and distribution capabilities across the U.S. Gulf South and Texas. The deals deepen StationServ's geographic footprint across Texas, Louisiana, Arkansas, Tennessee and Mississippi and add capabilities in tank and piping installation/removal, equipment sales/installation and environmental compliance testing.

StationServ (Rosewood Private Investments) Acquires The Southern Co., Inc.

September 30, 2022

Industrial Services

Rosewood Private Investments' holding company StationServ Holdings acquired The Southern Co., Inc. (SoCo), a Memphis-based petroleum equipment distributor; SoCo will operate as a subsidiary of StationServ and the Scott family (Eric and Jason Scott) will remain involved in day-to-day operations. The add-on expands StationServ's service capabilities and densifies its Mid-South footprint across sales, construction, service, electrical and environmental compliance testing for petroleum and industrial customers.

Rosewood Private Investments Acquires AMPET and PECO to Form StationServ

January 18, 2022

Industrial Services

Rosewood Private Investments acquired American Petroleum Sales and Service (AMPET) and Petroleum Equipment Company, Inc. (PECO) and combined them under a new holding company, StationServ. The deal brings together geographically contiguous fuel equipment distribution and service territories in Mississippi, Arkansas and Tennessee to expand service capabilities and create a platform for further add-on acquisitions; both sellers will remain involved during a transition period.