Westbridge Capital Acquires Berg Industrial Service, Inc.
August 2, 2024
Westbridge Capital Ltd. has completed the acquisition of Berg Industrial Service, Inc., a 50-year-old, second-generation family business headquartered in Ontario that designs, installs and services industrial chilling systems and operates an associated engineering and fabrication business. The transaction includes a 10% equity participation by the Westbridge Capital Partners Income Trust. Management continuity was announced with Mark Edwards continuing as CEO, Rebecca Carothers joining as COO, and Michael Turner joining the board.
- Targets
- Berg Industrial Service, Inc.
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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