Industrial Services Acquisitions

Ariel Alternatives, LLC acquired Groome Industrial Service Group, a provider of specialty maintenance solutions for power generation and other industrial and municipal end markets, from Argosy Private Equity. JPMorgan Chase & Co., through its asset management division, made a minority co-investment alongside Ariel Alternatives. Financial terms were not disclosed.

JM Test Systems, a provider of test and measurement equipment and calibration services, has acquired Canada's BHD Instrumentation. The deal expands JM Test Systems' footprint into Canada, with plans to grow locations and service offerings in partnership with BHD CEO Adam Hesse. JM Test Systems has been owned by Kanbrick since 2023 as part of a long-term growth strategy that includes geographic expansion and acquisitions.

Easy Ice closed its first acquisition of 2025 by acquiring the ice machine rental division of Rose's Equipment & Supply in Portland, Oregon. The deal marks Easy Ice’s entry into the Pacific Northwest and will support expansion and a new regional branch to serve customers across Oregon and Washington.

The Colt Group, a provider of online industrial leak repair solutions, acquired RJ Stacey. RJ Stacey provides online leak repair, hot tapping, line stopping, and blast furnace repair, and founder/CEO Ryan Stacey will remain with the company. Financial terms were not disclosed.

Auxo Investment Partners acquired Southeast Vegetation Management (SEVM), an Alabama-based provider of vegetation management services to U.S. railroads. SEVM will be integrated into Auxo’s railroad infrastructure maintenance platform under the Genesis Rail Company brand, expanding Genesis Rail’s vegetation management division alongside prior related acquisitions.

Loenbro, LLC acquired Revolution Industrial, a diversified industrial services provider based in Arizona. The deal expands Loenbro’s industrial service capabilities and regional reach across the Southwest United States, particularly in data center and infrastructure end markets. The acquisition was completed with the support of Loenbro’s investment partner, Braemont Capital.

Thermal Technology Distribution Solutions (TTDS), a Gryphon Investors-backed platform, acquired Applied Thermal Systems, Inc. (ATS), a Minneapolis-based value-added distributor of electric heaters, controls, thermocouples, and related thermal management products and engineering services. The acquisition expands TTDS’s footprint into the Upper Midwest and strengthens its product and technical capabilities. Terms of the transaction were not disclosed.

Towlift announced the rebranding of FMH Material Handling Solutions and Intermountain Lift Truck (ILT) as Towlift dealerships, expanding its presence across the Western United States. Towlift originally acquired both dealerships in 2022, and they have continued operating under local management while now officially joining the Towlift family of dealerships.

SF-Filter Group, majority-owned by funds advised by Equistone Partners Europe, completed two add-on acquisitions: Filter Center and Filter Agri. The deals expand SF-Filter’s pan-European filtration distribution platform, adding a major foothold in Italy via Filter Center and strengthening its offering in agricultural filter solutions through Filter Agri.

One Equity Partners (OEP) has agreed to acquire EthosEnergy, a global independent service provider for rotating equipment serving power generation, energy, industrial, and aerospace & defense end markets. EthosEnergy provides aftermarket maintenance, repair and overhaul (MRO) and outsourced operations & maintenance services; financial terms were not disclosed.

Symbotic Inc. acquired substantially all of the assets of Veo Robotics for $8.7 million, including the FreeMove 3D depth-sensing computer vision system and related intellectual property. Symbotic plans to integrate FreeMove into its robotic warehouse automation system to improve productivity and enable safer, more flexible human-robot collaboration in industrial workcells.

Pelican Energy Partners has acquired Electrical Builders Industries (EBI), an electrical services provider specializing in critical electrical bus duct installation, replacement, and repair for power generation facilities. EBI is headquartered in St. Cloud, Minnesota and has a long track record supporting nuclear generation assets across North America.

Addtronics, LLC acquired Colanar, Inc., a provider of aseptic fill-and-finish automation systems serving the pharmaceutical industry. Colanar, headquartered in Deep River, Connecticut, will continue to be led by founder Bernd Stroeter as President as it joins Addtronics’ group of niche automation solution providers.

Aurora Capital Partners acquired GenServe, an independent provider of commercial and industrial backup power and standby power solutions. The transaction terms were not disclosed, and Aurora plans to support GenServe’s continued geographic expansion and M&A-driven growth in the power resiliency market.

One Equity Partners (OEP) signed a binding agreement to make a majority investment in Comau S.p.A., an Italian industrial automation and advanced robotics company. Stellantis N.V. is spinning off Comau as part of prior merger-related strategic arrangements and will remain an active minority shareholder; financial terms were not disclosed. The transaction is expected to close by the end of 2024, subject to regulatory approvals and customary conditions.

Herc Rentals has acquired Industrial Rental & Sales, a US-based general equipment rental company headquartered in Guntersville, Alabama. The acquired business serves residential building, industrial construction, and heavy civil construction customers across Alabama and surrounding states, and no financial terms were disclosed.

May River Capital announced the sale of its portfolio company NSL Analytical Services (NSL) to Levine Leichtman Capital Partners (LLCP). May River had acquired NSL in January 2020 and, alongside NSL management, invested in talent, service expansion, and facility scalability to support growth. The transaction positions NSL to continue expanding its advanced materials and laboratory testing services under LLCP ownership.

JENNMAR, a global provider of infrastructure products and services and part of FalconPoint Partners, has acquired Dumotech Industrial Products. Dumotech, based in Rouyn-Noranda, Quebec, specializes in mining products and equipment and will continue operating from its current location under JENNMAR’s ownership. The acquisition is intended to strengthen JENNMAR’s presence in Canada, particularly in Quebec, to better serve the hard rock mining market.

Hillcore Group completed the acquisition of CEDA effective June 18, 2024. CEDA had been majority-owned by OMERS since 2005, and will continue operating under its existing leadership team as part of Hillcore’s portfolio.

Blackford Capital acquired Eight12 Automation, an industrial automation and systems integration company based in Aliso Viejo, California; financial terms were not disclosed. The deal expands Blackford Capital’s PACIV Industrial Automation platform, adding West Coast presence and capabilities across regulated end markets including life sciences and medical devices.

EVI Industries Inc. has completed the acquisition of Ed Brown Distributors, a Dallas-based distributor of commercial laundry products that also provides installation and maintenance services. The purchase consideration was paid in cash, though the amount was not disclosed. Ed Brown will continue operating under its existing name with its current team to support EVI’s growth objectives in the central United States.

Easy Ice, a provider of managed commercial ice machine rentals, has acquired The Ice Factory (formerly Wally's Refrigeration) in Missouri. The deal expands Easy Ice’s presence in the Lake of the Ozarks area and the company plans to integrate the operation into its Sedalia branch to enhance local service.

Luby Equipment Services, a St. Louis-based Case Construction and Takeuchi dealer, agreed to acquire Springfield-based Potter Equipment Co., effective June 1, 2024. The deal expands Luby’s Case dealership territory to include Southwest Missouri and Northwest Arkansas, adding locations in Springfield, Missouri and Harrison, Arkansas.

Pye-Barker Fire & Safety has acquired Security Solutions Inc. (SSI), a security, alarms, and surveillance systems provider serving the Norwalk, Connecticut area. The acquisition expands Pye-Barker’s ability to deliver its full suite of fire protection and security alarm services to new communities, while SSI’s team continues serving customers in Connecticut.

Rental Guys, a Chico, California-based equipment rental company, acquired the assets of Sacramento, California-based Aba Daba Rents (Aba Daba Rentals). The acquisition adds Aba Daba’s Sacramento and Citrus Heights locations to Rental Guys’ network, expanding its Northern California footprint and bringing its total to 14 locations.

Equistone Partners Europe has signed an agreement to sell Acces Industrie, an independent rental specialist of mobile aerial work platforms and handling equipment, to Delmas Investissements & Participations. Equistone acquired a majority stake in Acces in 2020 and supported its growth through expansion in France and Spain, including acquisitions of Watine Manutention (2023) and Uping (2022).

Cobalt Service Partners, a commercial access solutions platform backed by Alpine Investors, announced the acquisitions of Automated Door Ways, Toepfer Security, Industrial Door Company, and Homeland Safety Systems. The four deals expand Cobalt’s footprint into the West Coast and Midwest and add capabilities including access control, video surveillance, and overhead door services.

North American Rail Solutions, through its Canadian subsidiary Universal Rail Systems, acquired Condor Signals and Communications, a provider of rail signals and communications services and related manufactured products. Condor will operate as part of Universal Rail’s signals group and maintain its offices in Oakville, Ontario. The deal expands North American Rail Solutions’ signals and communications capabilities across Canada and into the United States.

Metal Finishing Technologies, LLC (MFT) announced the acquisition of Aqua Blasting Corp., a Bloomfield, Connecticut-based provider of shot peening and blasting services. The deal is MFT’s first acquisition under its partnership with Battle Investment Group and expands MFT’s surface treatment offerings with additional surface enhancement capabilities.

John Henry Foster Minnesota, Inc. (JHFOSTER) announced the acquisition of HTE Technologies, an automation and robotics solutions supplier operating across Kansas, Missouri, and Illinois. HTE Technologies will be run as an independent division, continuing under its existing brand and remaining headquartered in St. Louis, while strengthening JHFOSTER’s expansion in manufacturing automation and compressed air solutions.

Ascent Lifting, Inc., a portfolio company of Shorehill Capital, completed the acquisition of CERTEX USA, Inc. CERTEX is a distributor of lifting and rigging products and related testing services, headquartered in Phoenix, Arizona, and operating from 33 locations across the United States. Financing for the transaction was provided by Twin Brook Capital Partners and GMB Capital Partners; terms were not disclosed.

SmitHahn Company, Inc., a Pennsylvania-based mechanical contractor and metal fabricator, has been sold to the investor group of GMAC Holdings, Inc. BMI Mergers & Acquisitions served as advisor on the transaction.

Capstreet, a Houston-based private equity firm, acquired Analytic Stress Relieving, Inc. (ASR), a provider of on-site heat-treating services. ASR serves industrial customers, including petrochemical, refining, and power markets, and operates from 14 locations across North America. Financial terms were not disclosed.

W.W. Grainger, Inc. agreed to sell E&R Industrial Sales, Inc. to Paradigm Equity Partners, a Los Angeles-based private equity firm. E&R Industrial, which has been a Grainger subsidiary since 2013, will transition to new ownership as Grainger continues focusing on its core MRO distribution business. Financial terms of the agreement were not disclosed.

BP Energy Partners LLC acquired Odessa American Industrial Machine (AIM), a portfolio company of AAVIN Equity Advisors LLC. AIM is based in Odessa, Texas and provides mission-critical repair, maintenance, refurbishing, and fabrication services and parts for industrial engine and compressor equipment used in natural gas transportation.

Kelvin Group, in partnership with private equity firm Southfield Capital, announced the acquisition of Advanced Examination Services (AES-NDT), a provider of non-destructive testing (NDT) services. Headquartered in Torrance, California, AES-NDT will join Kelvin Group’s portfolio of industrial and mission-critical mechanical services brands.

Alta Equipment Group acquired Ault Industries, a privately held Canadian equipment distributor operating in Ontario and Quebec. The $36.0 million deal includes cash at close, a seller note, and Alta common stock, and marks Alta’s first investment in Canada for its growing construction segment.

ERIKS North America acquired the assets of Branham Corporation, a fabricator and distributor of industrial hoses, gaskets, conveyor belts and related services. Branham, founded in 1973 and headquartered in Louisville, Kentucky, operates multiple fabrication/distribution plants and sales locations across the U.S. Midwest and Gulf Coast regions. Following the transaction, Doug Branham will remain with the business as co-president.

Core & Main Inc. entered into a definitive agreement to acquire substantially all of the assets of Lee Supply Company Inc., a specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and related services. Lee Supply operates four locations across Pennsylvania, South Carolina, and West Virginia, serving municipalities, contractors, and environmental/industrial customers primarily in the Eastern United States.

Balance Point Capital Advisors, LLC, through its affiliated fund Balance Point Capital Partners IV, L.P., made a follow-on investment in CraneTech Inc., a portfolio company of Steel River LLC. The flexible financing supported CraneTech’s acquisition of Ameracrane and Hoist, expanding CraneTech’s overhead crane inspection, maintenance, and manufacturing services footprint into the Oklahoma market.

Wind Point Partners has sold its portfolio company Critica Infrastructure, a Houston-based provider of critical infrastructure repair and rehabilitation solutions, to Henkel AG & Co. KGaA. Critica supplies engineered products and related support services used to maintain and repair industrial pipework and municipal water and wastewater infrastructure.

Graycliff Partners announced the acquisition of XCEL NDT, a provider of non-destructive testing (NDT) and inspection services for critical infrastructure assets across petrochemical, pipeline, and general industrial end markets. XCEL operates out of 17 facilities in the United States and provides non-invasive testing services that help customers ensure asset integrity, safety, and regulatory/insurance compliance. Graycliff and XCEL’s management plan to pursue continued growth organically and through acquisitions.

Belt Power, LLC completed the acquisition of Blankenship Belting, a division of Blankenship Equipment Repair. The deal expands Belt Power’s belting fabrication and distribution footprint in the Pacific Northwest and strengthens its ability to serve end markets including food processing, paper & packaging, and general industrial customers. Platte River Equity, Belt Power’s private equity sponsor, welcomed the Blankenship team into the organization.

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, announced the acquisition of Petroleum Equipment Construction, Inc. (PEC). The deal expands Island Pump’s footprint into Florida and strengthens its maintenance, testing, repair, and installation service coverage for fueling stations and critical infrastructure customers in the Orlando area.

Sonepar announced that its US subsidiary, World Electric, acquired Electric Supply of Tampa, LLC (dba ESI) from Supply Chain Equity Partners on September 30. Headquartered in Tampa, Florida, ESI adds nine locations and over 220 associates to Sonepar’s network and will align its contractor business with World Electric and its utility segment with Irby Utilities.

Commercial Energy Specialists Holdings LLC (dba Aquafinity), a portfolio company of Turning Basin Capital Partners, acquired Aquatic Environmental Systems, Inc. (AES) of Tempe, Arizona. AES provides full-service water treatment solutions for commercial and institutional swimming pools in the Southwest and will expand Aquafinity’s geographic footprint across the Sunbelt. The transaction closed on June 30, 2023, and terms were not disclosed.

Triad Technologies, LLC, a distributor of fluid power and industrial automation products backed by Shorehill Capital LLC, completed the acquisition of Tech-Syn Corporation on March 31, 2023. Tech-Syn is a value-added distributor of seals, O-rings, hoses, and fittings headquartered in Bloomingdale, Illinois, expanding Triad’s product offering and footprint across the Midwest. Terms of the transaction were not disclosed.

Silver Oak Services Partners, LLC led the recapitalization of Quality Liaison Services (QLS) in partnership with the company’s senior management team and co-investors. QLS, headquartered in Hendersonville, Tennessee, provides supplier representation and quality assurance services to OEMs and suppliers across multiple industrial end markets, and management will remain in place while retaining significant ownership.

Concept announced it has completed the acquisitions of American Calibration Inc. and Inspection Engineering LLC to expand its capabilities and geographic reach in precision manufacturing and metrology services. Both acquired Midwest-based businesses will retain their leadership and autonomy while benefiting from investment and operational synergies as part of the Concept organization.

CES Power LLC, backed by Allied Industrial Partners, has acquired Euro Touring Power (ETP), a Dublin-based provider of electrical equipment and air conditioning rentals for touring productions across Europe. The deal gives CES Power a European hub in Ireland and supports the launch of its new CES Global division to deliver mobile power generation, distribution, and temperature control solutions internationally. Transaction terms were not disclosed.

The Riverside Company invested in Eastman Fire Protection, a commercial fire protection business headquartered in Troy, Michigan. The deal represents the 21st add-on acquisition to Riverside’s CertaSite platform, expanding CertaSite’s route density and technical capacity in Eastern Michigan.

Spring Capital Partners IV, L.P. invested subordinated debt and equity to support Full Guard Capital's acquisition of Perimeter Insect Guard. Tecum Capital partnered with Spring Capital in financing the transaction. Perimeter Insect Guard is an insecticide treatment services provider for uniforms and garments, primarily serving branches of the U.S. Military.

AEA Investors’ Small Business Private Equity team (AEA SBPE) has closed the acquisition of Crane Engineering Sales. The deal was completed alongside significant reinvestment from Crane’s management team and employee base. Crane, headquartered in Kimberly, Wisconsin, provides flow control and fluid handling distribution, service, and engineered skid systems.

FleetPride, Inc. acquired the assets of Knowles On Site Repair, Inc., a provider of 24-hour mobile repair services for heavy-duty trucks and trailers. The acquisition expands FleetPride’s mobile service capabilities and strengthens its presence in the Florida Panhandle and Mobile, Alabama, adding more than 30 technicians to support customers.

CoolSys, Inc. acquired 1GNITE Solutions, LLC, with Transitus Capital serving as 1GNITE’s exclusive financial advisor. 1GNITE provides recommerce and asset recovery services for self-contained commercial refrigeration equipment, and the deal expands CoolSys’ service offering and reach across thousands of U.S. client facilities.

Pavion, a provider of integrated fire, safety, security, and critical communications solutions, has acquired RFI Enterprises, Inc. The deal expands Pavion’s presence in the western United States and strengthens its fire and security systems integration capabilities. RFI is Pavion’s nineteenth acquisition since Pavion partnered with Wind Point Partners in June 2020.

MPE Partners (Morgenthaler Private Equity) completed a recapitalization of Precision Pipeline, LLC, a provider of underground utility repair, replacement, and maintenance services across gas, electric, telecommunications, and water end markets. Founder Matt Upp partnered with MPE and will remain President, while Mark Crowson joined as Chief Executive Officer. PGIM Private Capital and Siguler Guff provided financing; transaction terms were not disclosed.

Thomas Scientific completed the acquisition of Quintana Supply, a Massachusetts-based provider of cleanroom, packaging, and industrial products, on August 1, 2023. The deal expands Thomas Scientific’s distribution footprint in the Northeast by adding Quintana’s Haverhill, Massachusetts facility and enhances its ability to serve controlled-environment customers in advanced technology and industrial segments.

HC Private Investments (HCPI) acquired QEI, Inc., an industrial automation and systems company, in partnership with QEI’s former owner and CEO, Normand Lavoie, who will continue to lead the business and retain a significant investment. QEI is headquartered in Springfield, New Jersey and provides automation products, SCADA software solutions, distribution management systems, and related services across mass transit, utility, and water/wastewater end markets. Terms of the transaction were not disclosed.

Brookside Capital Partners made an investment in American Equipment Solutions (AES) via subordinated debt and an equity co-investment. The capital is intended to support an add-on acquisition by AES, which is an existing portfolio company of Rotunda Capital Partners.

An affiliate of Beekman Investment Partners IV, managed by The Beekman Group, completed a recapitalization of GED Integrated Holdings, Inc., a provider of automation equipment and related parts, services, and software for the window and door manufacturing industries. Beekman originally invested in GED in 2020 and partnered in the recapitalization with GED’s management team, with Jeff Reed continuing as Executive Chairman.

Nidec Corporation acquired full ownership of TAR, LLC d/b/a Houma Armature Works through its subsidiary Nidec Motor Corporation on July 3, 2023. Houma Armature Works is a US-based provider of manufacturing, repair, maintenance, upgrade, and installation services for motors, generators, and control systems, serving customers including oil & gas producers. The business became a consolidated subsidiary of Nidec following the transaction, which was purchased from Houma’s founding family.

Funds managed by Carlyle and Stellex Capital Management completed the sale of Titan Acquisition Holdings to an affiliate of Lone Star Funds, with final closing on June 15, 2023. Titan is a bi-coastal ship repair and marine fabrication services platform comprised of Vigor Industrial, MHI Holdings, and Continental Maritime of San Diego.

Slate Capital Group, a private equity investment group, announced it has acquired Cumberland Diversified Metals of Cleveland, Ohio. Cumberland Diversified Metals is a value-added distributor and broker of specialty metals such as aluminum and stainless steel, and the partnership is intended to support the company’s ongoing growth plans.

Integrated Power Services (IPS) has acquired Surplec, a Canada-based provider focused on managing and remanufacturing surplus medium and high-voltage transformers. The deal adds three Surplec locations across Canada and expands IPS’s power management, transformer services, and remanufacturing capabilities for customers in Canada and the United States.

AOTCO Metal Finishing announced the acquisition of Modern Metal Finishing (MMF), a Connecticut-based provider of anodizing and related metal finishing services. The deal expands AOTCO’s specialty finishing portfolio and strengthens service coverage in the New York–New Jersey–Connecticut tri-state area with local pickup and delivery and expanded capabilities.

Guardian Capital Partners has acquired Nwestco, LLC, a provider of fuel and car wash equipment and related maintenance, compliance, and installation services. Nwestco CEO Tim Gibbar will continue to lead the company and retain a significant ownership stake as Guardian supports growth and expansion through organic initiatives and strategic M&A.

Platte River Equity announced that Morrell Group has joined its portfolio company, Womack Machine Supply Company, creating a combined automation and industrial fluid power distributor with coverage across 27 U.S. states. Morrell, headquartered in Auburn Hills, Michigan, adds engineering, systems integration, and value-added distribution capabilities in automation and motion control to Womack’s platform.

Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, acquired Aim High Equipment Rental, Inc., a general equipment rental, sales, and service provider. Headquartered in Brighton, Colorado, Aim High marks REIC’s seventh add-on acquisition under Kinderhook’s ownership. Financial terms were not disclosed.

Blackford Capital, a lower middle market private equity firm, acquired PACIV, a provider of industrial process automation and systems integration services focused on pharmaceutical and life sciences manufacturers. PACIV’s management team will remain in place, and founder/majority owner Jorge Rodriguez will retain an ownership stake and join the board. Financial terms were not disclosed.

Convergint, a global service-based systems integrator, has acquired Ballou Fire Systems, LLC, a Houston-based integrator of electronic life safety, security, and communications systems. The deal expands Convergint’s fire alarm and life safety capabilities in the Houston and South-Central region and strengthens its service offerings across healthcare, education, and commercial end markets.

EVI Industries, Inc. completed the acquisition of Express Parts and Services (EXP) via an asset purchase agreement. EXP is a distributor of commercial laundry products and a provider of related installation and maintenance services based in Sykesville, Maryland. The deal expands EVI’s presence and market share in Maryland and enhances regional customer service capabilities.

Primat Group, backed by HCI Equity Partners, made a controlling investment in HCI’s portfolio company Curtis Metal Finishing Group. Curtis, headquartered in Sterling Heights, Michigan, provides protective coating, pre-treatment, heat treatment, and technical intermediation services for metal fasteners across automotive and other end markets. Financial terms were not disclosed, and Primat and HCI Equity Partners will both remain shareholders in Curtis.

Wildman Business Group, a family-owned industrial laundry company based in Warsaw, Indiana, acquired WM Uniform of Holland, Michigan. The combined business will operate from six locations across Indiana and Michigan, expanding service offerings across uniforms, linen rental, restroom programs, and safety and hygiene products while both companies retain their brands during integration.

Bishop Lifting Products, a portfolio company of Altamont Capital Partners, acquired General Work Products (GWP), a provider of safety-critical cordage, rope, and fall protection products. Stellus Capital Management affiliates provided senior debt financing and an equity co-investment to support the transaction. The deal represents Bishop’s fifth add-on acquisition since Altamont acquired the platform in February 2022, and GWP will continue operating under its brand across five locations.

SuperHero Fire Protection, a portfolio company of Hidden Harbor Capital Partners, announced a merger with KNC Technologies to expand its low-voltage and fire/life safety services footprint in the Southeast. KNC Technologies, headquartered in Winston-Salem, North Carolina, will continue to be led by Pam Neuffer and will add expertise across communications, security, and fire systems serving education and healthcare end markets.

Meritus Gas Partners entered into a partnership with OXARC, Inc., an independent distributor of industrial and specialty gases, welding, and safety supplies headquartered in Spokane, Washington. The Walmsley family is monetizing part of its ownership while OXARC’s leadership team continues to run the business and retains significant equity ownership in Meritus. The transaction supports Meritus’ expansion in the Western United States; financial terms were not disclosed.

BICO Steel, a portfolio company of Validor Capital, has acquired RE Metal Finishing to expand its steel processing and fabrication capabilities. RE Metal Finishing, headquartered in Kent, Ohio, provides steel peening and metal finishing services and has been renamed BICO Metal Finishing. Financial terms were not disclosed.

Pavion, a provider of integrated fire, safety, security, and critical communications solutions, has acquired Security Source. The deal expands Pavion’s national account security integration and service capabilities across the United States and marks Pavion’s fourteenth acquisition since partnering with Wind Point Partners in June 2020.

Groome Industrial Service Group, a specialty industrial maintenance services provider and portfolio company of Argosy Private Equity, acquired Blasting Solutions, Inc. (BSI). Utah-based BSI provides controlled-explosives services primarily for boiler deslagging, and the deal is intended to expand Groome’s capacity and customer base in coal-fired and biomass power plant markets.

Allmark Door announced it will acquire the Newcastle location of Overhead Door Company of Delmar. The deal allows Allmark to retain the physical facility and expand service coverage for existing Delaware customers while extending its door and loading dock solutions to customers in northern Delaware and the surrounding region.

Sverica Capital Management acquired Hirebotics, a Nashville, Tennessee-based collaborative robotics company focused on welding automation. Five Points Capital provided unitranche debt and an equity co-investment to support the acquisition.

Argosy Private Equity acquired Vac2Go, LLC on March 15, 2023 as the seventh investment in its sixth lower middle market fund. Vac2Go, headquartered in Louisville, Kentucky, rents specialized vacuum trucks and related equipment and also provides repair and maintenance services to industrial, utility, environmental, construction, and municipal customers. NewSpring Capital provided mezzanine debt financing and equity co-investment in connection with the transaction.

Unified Power, a portfolio company of Incline Equity Partners, acquired Core Power & Environment. The deal expands Unified Power’s mission-critical power equipment and maintenance capabilities, adding Core Power’s backup power, environmental equipment, and data-center-focused engineering expertise, particularly in the Northeast.

Security 101, a portfolio company of Gemspring Capital, acquired Security Solutions Northwest (SSNW), a Bellingham, Washington-based provider of commercial security systems design and installation services. The deal expands Security 101’s presence in Washington and broadens its offerings to include additional life safety systems capabilities, including fire testing and inspection services.

Frontenac-backed EFC International acquired St. Louis-based Inventory Sales Company (ISC), a distributor of fasteners, components, and struts/accessories serving diversified industrial and infrastructure markets. The acquisition expands EFC’s scale, diversification, and product/service offerings; financial terms were not disclosed.

Vehicle Management Solutions LLC (VMS), a portfolio company of Mill Point Capital LLC, announced a strategic partnership with and acquisition of IncidentClear, LLC, a freeway service patrol provider focused on traffic support and incident management. The deal expands VMS’s service offerings and adds new geographies and customer relationships with municipalities and departments of transportation, creating a larger vehicle management and traffic incident management platform.

Spartaco Companies, a portfolio company of Platte River Equity, announced the acquisition of the Bulldog Bender brand of cable benders. The deal expands Spartaco’s portfolio of professional-grade tools for electrical installers, adding Bulldog Bender products designed for bending large-gauge power cable. Bulldog Bender was developed by master electrician Vince May in Owensboro, Kentucky and will continue manufacturing in the United States at Spartaco’s facility in Clover, South Carolina.

Kian Capital-backed SPATCO Energy Solutions acquired Petro Supply, a distributor of petroleum equipment serving the Mid-Atlantic region. The deal expands SPATCO’s geographic reach into Maryland, Washington, DC, Pennsylvania, Delaware, and New Jersey and follows SPATCO’s January 2023 acquisition of McKinney Petroleum Equipment as it builds a broader energy infrastructure services platform.

Easy Ice acquired the ice machine division of San Diego Ice Company, taking over its ice machine sales, leasing, and service accounts. The transaction expands Easy Ice’s footprint in the San Diego area while San Diego Ice Company will continue focusing on ice manufacturing and delivery, merchandising, and carving.

Platte River Equity, a Denver-based private equity firm, acquired Womack Machine Supply Company, a value-added industrial distributor serving hydraulic, pneumatic, and automation control systems. The acquisition marks a partnership with Womack’s management team to support continued growth through organic initiatives and complementary acquisitions.

Addtronics, LLC, a holding company focused on robotic automation solution providers and backed by Kaho Partners, has acquired Missouri Tooling & Automation, LLC (MTA). MTA is a custom robotic automation systems provider headquartered in Lebanon, Missouri, and becomes the second addition to Addtronics following its earlier acquisition of Dynamic Design Solutions in October 2022. Financial terms were not disclosed.

The Riverside Company has sold its investment in SureWerx, a North American provider of personal protective equipment, safety gear, and tool solutions, to Partners Group acting on behalf of its clients. Riverside originally invested in SureWerx in November 2018 and exited following a period of growth that included multiple add-on acquisitions and expansion of the company’s sales and digital capabilities.

Main Street Capital Corporation completed a new portfolio investment to facilitate the minority recapitalization of World Micro Components, LLC, a distributor of electronic parts and components. Main Street, alongside a co-investor, partnered with the company’s existing owner and senior management team, providing $18.1 million through a combination of first lien senior secured term debt and a direct minority equity investment.

KCM Capital Partners LLC completed its exit of Industrial Service Group Holdings, LLC (Industrial Service Group/ISG) through a sale to middle-market private equity firm TJC, L.P. KCM’s equity partners in the investment included PNC Mezzanine Capital and Five Points Capital; transaction terms were not disclosed.

Gryphon Investors signed a definitive agreement to sell its portfolio company Heritage Distribution Holdings (HDH) to Beijer Ref. HDH is a multi-regional HVAC/R parts and equipment distribution platform serving the Southeastern and Midwestern United States and is headquartered in Atlanta, Georgia; the transaction is expected to close in Q1 2023, subject to customary conditions.

SyBridge Technologies, via its wholly-owned affiliate SyBridge Digital Solutions LLC, was selected as the winning bidder to acquire most of the operating assets of Fast Radius, Inc., subject to bankruptcy court approval. Fast Radius will continue operating under its brand within SyBridge, strengthening SyBridge’s digital manufacturing, additive manufacturing, prototyping, and software capabilities. The transaction is expected to close before the end of 2022.

D&H United, a portfolio company of Wind Point Partners, acquired Petroleum Service and Calibration, Inc. and Double Check Company. The acquisitions expand D&H’s maintenance, testing, inspection, and compliance capabilities for fueling stations and electric vehicle charging infrastructure while extending its geographic footprint across the Southeast, Mid-Atlantic, and Midwest.

Griffin Dewatering, a portfolio company of Crossplane Capital, acquired the Pump & Integrity Rental segment of Cross Country Infrastructure Services. Pump & Integrity provides specialty pump and equipment rentals and related technical services across industrial, commercial, construction, and energy end markets. The deal expands Griffin’s national water management and fluid handling capabilities through added equipment fleet, expertise, and branch footprint.

MML Capital Partners acquired OnPoint Industrial Services, LLC, a provider of industrial safety and maintenance support services headquartered near Houston, Texas. Stellus Capital Management, LLC supported the transaction by providing senior debt financing and an equity co-investment to back MML’s acquisition.