The Colt Group Acquires Plant Services, Inc.
December 3, 2024
The Colt Group, a Houston-based provider of on-line industrial leak repair solutions backed by Capstreet, has acquired Plant Services, Inc. (PSI), a Worden, Montana-based specialist in on-line leak repair, hot tapping, line stopping and field machining, expanding Colt's footprint across the Rocky Mountain region. Terms were not disclosed; NXT Capital provided financing in support of Capstreet's add-on acquisition and refinancing of The Colt Group.
- Buyers
- The Colt Group, Capstreet
- Targets
- Plant Services, Inc.
- Platforms
- The Colt Group
- Industry
- Industrial Services
- Location
- Montana, United States
- Transaction Type
- Addon
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