Groome Industrial Service Group (Argosy) Acquires Expro Services / Explosive Professionals (ExPro)

Groome Industrial Service Group Acquires Blasting Solutions, Inc.

March 28, 2023

Industrial Services

Groome Industrial Service Group, a portfolio company of Argosy Private Equity, has acquired Blasting Solutions, Inc. (BSI), a Syracuse, Utah-based provider of controlled explosive blasting services for boiler deslagging. The add-on expands Groome's capacity and west coast footprint and strengthens its service offering into coal-fired and biomass power plant markets while supporting demand for its KinetiClean HRSG/tube-cleaning service.

Groome Industrial Service Group Acquires W-S Companies

January 19, 2024

Industrial Services

Groome Industrial Service Group (an Argosy Private Equity portfolio company) acquired W-S Companies, a veteran-owned industrial and mechanical services provider headquartered in Council Bluffs, Iowa. Seacoast Capital and Ironwood Capital provided subordinated debt and co-investment capital to support the acquisition alongside Argosy and existing investors; Bridgepoint advised W-S on the sale.

Ariel Alternatives Acquires Groome Industrial Service Group from Argosy Private Equity

September 9, 2025

Industrial Services

Ariel Alternatives, with a minority co-investment from JPMorgan Chase & Co., has acquired Groome Industrial Service Group from Argosy Private Equity. The transaction gives Ariel a platform in energy and utility services — Groome operates more than 20 U.S. locations with ~900 employees and will leverage Ariel's industry relationships to pursue faster market-share growth and accretive acquisitions.

Expro Group Completes Merger with Frank's International

October 1, 2021

Energy

Expro Group and Frank's International N.V. have completed a previously announced merger, with the combined company assuming the Expro Group Holdings N.V. name and beginning trading on the NYSE under the ticker XPRO. The transaction creates a larger full‑cycle energy services provider combining well access, drilling and completions capabilities to deliver expanded scale, capability expansion and expected cost and revenue synergies.

Expro Acquires DeltaTek Global

February 9, 2023

Oil & Gas

Energy services provider Expro (NYSE: XPRO) has acquired Aberdeen-based well construction cementing specialist DeltaTek Global to broaden its cementing capabilities and technology portfolio. The deal is intended to accelerate DeltaTek's international deployment through Expro's global footprint and expand Expro's well construction offering across offshore and onshore markets.

Aerial Machine & Tool Acquires Hazard Protection Systems

June 13, 2025

Aerospace & Defense

Aerial Machine & Tool, a portfolio company of Argosy Private Equity, has acquired Hazard Protection Systems (HazPro), a supplier of patented passive fire suppression solutions for military, industrial, and commercial vehicles. The acquisition expands Aerial's mission-critical safety product portfolio and intellectual property, with integration and post-close synergies already underway supported by Argosy's value-acceleration program.