Industrial Services Acquisitions in Massachusetts

RF Investment Partners partnered with Prairie Capital to provide flexible capital supporting a recapitalization of NSG Life Safety and Norel Service Company (together "NSG-Norel"), a New England provider of fire, life safety, and security solutions. The transaction positions NSG-Norel to invest in people, technology, new service lines and geographic expansion to support its next phase of growth.

The Riverside Company has invested in AC&M Fire Equipment as an add-on to its Relay Fire and Safety platform. AC&M, headquartered in Acton, Massachusetts, provides fire extinguisher services and product sales to commercial customers across the Boston metro and Western Massachusetts, strengthening Relay's presence and capabilities in New England.

Vessco Water announced that Atlantic Fluid Technology (Northborough, Massachusetts) has joined the Vessco Water platform as an add-on acquisition. The deal expands Vessco's presence in New England's municipal and industrial water and wastewater markets and adds engineering, distribution, and field-service capabilities focused on valves, actuators, control panels and flow-control equipment.

MES Life Safety, a national provider of fire, safety, and emergency response solutions, acquired Northeast Rescue Systems, a New England supplier of rescue equipment and PPE. The deal expands MES's technical rescue and PPE capabilities and strengthens service and fulfillment for first responders and industrial safety teams across the region.

MES Life Safety, a Platte River Equity portfolio company, has acquired Safety Inc., a Peabody, Massachusetts-based distributor of industrial safety equipment, PPE, and gas-detection instrumentation. The add-on expands MES's capabilities into instrumentation, calibration, and repair services, strengthening its life-safety and industrial protection service offering across New England and nationwide.

Compactor Rentals of America, LLC (CRA), a portfolio company of Kinderhook Industries, has acquired Maguire Equipment Inc., a Readville, Massachusetts-based provider of waste-handling equipment, rentals, and services. Financial terms were not disclosed; CRA concurrently sold Maguire’s compactor and baler service division to a specialized service provider and gains a strategic foothold in the Greater Boston market to support its national waste solutions platform.

Guardian Fire Services (part of the Guardian Fire family) acquired Northeast Automatic Sprinkler Co. (NASCO) in early 2025. The deal adds NASCO’s sprinkler design, installation and service capabilities and expands Guardian’s geographic footprint across Massachusetts, New Hampshire and Rhode Island.

Transcat, Inc. (Nasdaq: TRNS) acquired Essco Calibration Laboratory, an ISO-17025 accredited calibration services provider based in the Boston metro area, for $84 million in cash. The deal expands Transcat's presence and capabilities in New England, adds over $22 million of annual revenue and brings 113 Essco employees into Transcat's operations.

Valence Surface Technologies, a PE-backed aerospace surface finishing platform, has acquired C.I.L. Metal Finishing and C.I.L. Electroplating (CIL), a Lawrence, Massachusetts-based metal finishing provider serving aerospace and defense OEMs. CIL, which employs approximately 160 people across two facilities, expands Valence's Northeast capabilities and represents the platform's eleventh add-on; the deal closed alongside a refinancing and CIL's management will remain in place.

MEI Industrial Solutions, a portfolio company of Olympus Partners, has acquired Industrial Transfer & Storage, LLC (ITS) of Southbridge, Massachusetts. The add-on expands MEI's Northeast footprint (including a new presence in Rhode Island), adds steel fabrication and specialized storage/crating capabilities, and retains ITS leadership and workforce to ensure operational continuity.

Wabtec Corporation completed the acquisition of Evident's Inspection Technologies division (formerly part of Olympus' Scientific Solutions) for $1.78 billion, expanding Wabtec's Digital Intelligence business. The deal strengthens Wabtec's inspection and diagnostic capabilities (non-destructive testing, remote visual inspection, analytical instruments), broadens its end-markets (rail, mining, industrial) and is expected to be accretive to margins and EPS over time.

Vessco Water has acquired Aqua Solutions, Inc., a Middleborough, Massachusetts-based provider of water and wastewater treatment equipment, expanding Vessco's footprint into the New England market. The acquisition brings Aqua Solutions' technical expertise and regional relationships into Vessco's national family of water companies to better serve municipal and industrial customers across the six New England states.

Noble Fueling Solutions, a portfolio company of Hidden Harbor Capital Partners, has acquired the assets of Dependable Service Company, Inc., a Plymouth, Massachusetts-based provider of fuel tank, dispenser and pump installation, maintenance and compliance services. The add-on expands Noble's service footprint and density across the Northeast; financing for the transaction was provided by Capital Southwest Corporation and Main Street Capital Corporation.

Kelvin Group, a national industrial and commercial mechanical services provider backed by Southfield Capital, has acquired JS Compliance, LLC, a nationwide process safety and risk management consultancy. The add-on acquisition — Kelvin's thirteenth since partnering with Southfield — expands Kelvin's process safety management (PSM) capabilities and geographic reach, and broadens its compliance service offerings for clients in food & beverage, cold storage and other process industries.

Distribution Solutions Group, Inc. (DSG) announced it closed two previously announced acquisitions: Tech-Component Resources (acquired into DSG’s Gexpro Services segment) on October 30, 2024, and ConRes Test Equipment (acquired into DSG’s TestEquity segment) on November 18, 2024. Both deals were funded with existing cash and availability under DSG’s credit agreement and expand DSG’s distribution and test-equipment capabilities across manufacturing and electronics end markets.

Alsco Uniforms, a fifth-generation family-owned uniform and linen laundry services company headquartered in Salt Lake City, has acquired Churchill Linen, adding Churchill’s Brockton (MA), Stratford (CT) and Hyannis (MA) mixed-processing facilities. The deal expands Alsco’s presence into the New England market and will rebrand the acquired locations as Alsco facilities to serve industrial, healthcare and hospitality customers in the region.

Benford Capital Partners' portfolio company BSC Industries has acquired J.G. Industries, Inc. and its operating subsidiaries — Warren Pike, Cohen Machinery Co., and W.M. Steel Co. The add-on expands BSC's industrial distribution footprint and product offering in New England, with all Warren Pike employees retained and owner Jim Gibney staying on as a Senior Sales Advisor.

Mollitiam Holdings has acquired BluRoc LLC, a Northampton, Massachusetts-based provider of temporary and permanent access solutions for utility, pipeline and renewable infrastructure projects, from Platinum Equity. Financial terms were not disclosed; Mollitiam said the deal advances its strategy of investing in infrastructure construction and industrial services and plans to grow BluRoc by adding equipment, services and customers.

MCRC provided debt and equity financing alongside two entrepreneurs and other equity investors to support the recent acquisition of Boston Fire Sprinkler Protection, Inc. The financing will back the new ownership and supply capital for the company’s future growth, supporting its installation, retrofit, inspection and service operations in the Boston/Cambridge area.

Sciens Building Solutions, a Carlyle-backed holding company, has acquired the Mammoth companies — Mammoth Fire Alarms (MFA), Property Protection Monitoring (PPM) and Mammoth Fire Protection Systems (MFPS) — expanding Sciens’ Northeast footprint. The acquisition adds Mammoth’s design, installation, monitoring and maintenance capabilities and a team of well over 100 employees to Sciens’ fire and life-safety platform.

Massachusetts Capital Resource Company (MCRC) provided a subordinated debt investment in wTe Recycling, Inc., with proceeds used to facilitate a management buyout. wTe Recycling, founded in 1990, operates metal-shredding and high-speed sorting equipment and supplies ferrous and non‑ferrous metals to domestic and international steel mills in the New England market.

Pritchard Industries, a New York–based facilities services provider, has acquired ACP Facility Services, a national commercial maintenance and cleaning company. The deal (terms undisclosed) expands Pritchard's geographic footprint and capabilities—notably into life sciences and manufacturing verticals—and names ACP COO Michael White as Pritchard's Regional Vice President of New England.

Fluke Reliability, a division of Fortive Corporation, has acquired Azima DLI, a provider of AI-powered vibration analytics and subscription-based remote condition monitoring services. The deal expands Fluke Reliability’s connected reliability and predictive maintenance capabilities by integrating Azima DLI’s Watchman 360 platform and remote monitoring services into its hardware, software and services portfolio.

An affiliate of Sun Capital Partners has acquired Koch Separation Solutions, a subsidiary of Koch Industries, and the business has been rebranded as Kovalus Separation Solutions. The company — headquartered in Wilmington, Massachusetts with over 700 employees — will operate as a standalone business under existing management to accelerate growth and expand its separation technology offerings across food & beverage, dairy, life science and industrial markets.

Tenex Capital Management has acquired Minuteman Security & Life Safety (Minuteman Security Technologies, Inc.) from Prospect Partners. Minuteman, an Andover, Massachusetts-based integrator of commercial security, fire, and life-safety systems with ~160 employees across 11 branches, will remain led by CEO Joe Lynch as Tenex looks to accelerate geographic expansion and entry into adjacent end markets.

Thomas Scientific, North America's largest pure‑play distributor of scientific and controlled environment products, acquired Massachusetts‑based cleanroom and safety products provider Day Associates, Inc., effective August 2, 2023. The acquisition expands Thomas Scientific's national footprint and enhances its ability to serve advanced-technology and industrial customers in controlled environments, while Day Associates' team (led by founder Billy Day) will continue operating under the Thomas Scientific umbrella.

Thomas Scientific has acquired Quintana Supply, a Haverhill, Massachusetts-based provider of cleanroom, packaging, and industrial products. The acquisition, finalized August 1, 2023, expands Thomas Scientific's distribution footprint in the Northeast and enhances its capabilities to serve advanced-technology and industrial customers in controlled environments.

Benford Capital Partners recapitalized BSC Industries in partnership with brothers Jim and Peter Fitzpatrick; Peter Fitzpatrick will remain CEO while Jim transitions away from day-to-day management. Benford will support organic growth, invest in capabilities and pursue add-on acquisitions to expand BSC's product and service offerings.

CES Power LLC, a Memphis-based provider of mobile power generation and temperature control solutions backed by private equity firm Allied Industrial Partners, has acquired Immedia Event Productions, a Greater Boston event power and HVAC services provider. The bolt-on acquisition establishes a new New England hub to expand CES Power's presence in the Northeast; terms were not disclosed and Immedia's management team will remain in place.

Altus Fire and Life Safety, a fire and life safety platform backed by AE Industrial Partners, has acquired Priority Fire and Security, a Clinton, Massachusetts-based provider of fire and security system design, installation, monitoring and maintenance. Priority Fire's founder and president, Steve Prior, will remain active with the business; the deal expands Altus's Honeywell-aligned capabilities and service footprint in the Northeast as an add-on to its platform.

Lewisville, Texas-based property services firm MCS has acquired Chain Store Maintenance (CSM), a commercial facilities services company founded in 1991 and headquartered in Attleboro, Massachusetts. The acquisition makes CSM the interior commercial property services platform within MCS, expanding MCS's interior and exterior facility service offerings and enhancing its ability to serve commercial and residential customers through an expanded vendor network and self-performing service centers.

In-Place Machining Company (IPM), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired East Coast Metrology, LLC (ECM), a Topsfield, Massachusetts-based precision measurement and calibration services provider. The acquisition expands IPM's Measurement and Alignment Services Division—adding 3D scanning, reverse engineering, CMM inspection and ISO/IEC 17025 calibration capabilities—to broaden service offerings and geographic coverage across North America.

WJ Partners supported its portfolio company Power-Utility Products Co. (PUPCO) in the acquisition of NAPAC, a master distributor of valves, flanges and fittings serving the waterworks and fire suppression markets. The add-on expands PUPCO's product offering and geographic footprint (adding Worcester, MA and Jacksonville, FL locations), complements prior 2022 add-on MIROC, and was financed by Fifth Third Bank; NAPAC will continue operating under its existing brand with Brian Wilbur remaining general manager.

The Cavanaugh Company LLC has acquired Mass Lift Truck Service, Inc. (MLTS), a Everett, Massachusetts-based dealer of forklifts, pallet jacks and related material-handling equipment. The acquisition, which closed on August 15, 2022, gives The Cavanaugh Company an immediate presence in the greater Boston market and expands its regional dealer network and service capabilities.

Berlin Packaging acquired Andler Packaging Group, a value-added distributor of glass, plastic and metal containers and closures, expanding its pharmaceutical and nutraceutical capabilities and adding multiple distribution centers across New England. The family-owned Andler business — founded in Cambridge, Massachusetts in 1893 — will retain all employees and locations as part of Berlin Packaging's North American expansion.

MEI Rigging & Crating, a portfolio company of Dorilton Capital, has acquired Harnum Industries, Ltd. and Harnum Crane Service, LLC, expanding MEI’s footprint in the New England/Northeast region. Keith Harnum, the third-generation owner, selected MEI as the buyer and will remain leading Harnum’s day-to-day operations under MEI ownership.

Altus Fire and Life Safety, an AE Industrial Partners portfolio platform, acquired Fire Systems, Inc., a family-owned fire and life safety services provider operating primarily in Massachusetts and Rhode Island. The founders — Charles and Cheryl Barrett and Gary Lanowy — will retain a minority stake; the acquisition expands Altus' footprint and service capacity in Southern New England.

Aramsco, Inc. has acquired Casey Engineered Maintenance, a Foxboro, Massachusetts-based regional distributor of janitorial and sanitary supplies and equipment. The deal expands Aramsco's product offering and New England footprint while adding Casey's maintenance programs, equipment repair capabilities and customer relationships in education, healthcare and hospitality markets. Financial terms were not disclosed.

3Phase Elevator has merged with Halley Elevator, a family‑owned provider of commercial elevator maintenance, repair and modernization services based in Massachusetts and New Hampshire. The transaction expands 3Phase’s footprint in northern Massachusetts and into southern New Hampshire; financial terms were not disclosed.

SEAM Group, a PE-backed energized-asset performance platform, has acquired Electrical Engineering & Service, Co. (EESCO), a NETA-accredited electrical power systems testing, commissioning, and maintenance provider headquartered in Holbrook, Massachusetts. The add-on expands SEAM Group's NETA-certified testing and medium-/high-voltage preventive maintenance capabilities across New England and broadens its service offering for switchgear, transformers, protective relays, and related electrical distribution equipment.

Quench USA, Inc. has acquired Waterfresh, Inc., a point-of-use drinking water systems dealer based in Chicopee, Massachusetts, extending Quench's dealer footprint into western Massachusetts. The seller was Waterfresh co-owner Rob Centracchio; the deal is part of Quench's ongoing strategy to provide exit opportunities for dealers and grow its regional presence.

Pfingsten, an operationally focused private equity firm, made a platform investment in New England Electrical Contracting, LLC, a Kingston, Massachusetts-based provider of electrical services supporting 5G deployment, EV charging and utility customers. The transaction closed on October 6, 2021; founder Kevin Farrell retained significant equity and Pfingsten said it will support growth through investments in people, infrastructure, geographic expansion and add-on acquisitions.

Skyview Capital acquired the Digital Lumens and Encelium lighting solutions businesses from OSRAM Licht AG and formalized the combined business as Digital Lumens, Inc. The private equity firm will invest to accelerate growth, expand product and service capabilities across IoT/connected lighting and grow the company's commercial and industrial customer base.

Boston-based private equity firm Berkshire Partners has entered into a definitive agreement to acquire 3Phase Elevator from Fort Point Capital. The investment will support 3Phase’s expansion into new U.S. markets through strategic add-ons and partnerships and strengthen its sales and digital capabilities; terms were not disclosed and the deal was expected to close by the end of June 2021.

Peak-Ryzex, a portfolio company of Sole Source Capital, has acquired Bar Code Direct, a value-added reseller of barcoding and data collection solutions. The add-on expands Peak-Ryzex's capabilities and geographic coverage in the AIDC market; terms were not disclosed and this marks Sole Source's third add-on for the Peak-Ryzex platform.

Applied Industrial Technologies acquired Gibson Engineering Company, Inc., a Norwood, Massachusetts-based provider of automation products, services, and engineered solutions focused on machine vision, motion control, robotics, and intelligent sensors. Gibson’s team of more than 40 associates will expand Applied’s automation capabilities and footprint across the U.S. Northeast and Mid-Atlantic; terms were not disclosed.

EVI Industries, Inc. has executed a definitive purchase agreement to acquire substantially all the assets and certain liabilities of Baystate Business Ventures d/b/a Eastern Laundry Systems, a Taunton, Massachusetts-based distributor of commercial and vended laundry equipment and provider of installation and maintenance services. The acquisition furthers EVI's strategy to expand its sales and service footprint and service operations in the New England market; the transaction is expected to close upon satisfaction of closing conditions.

DesignPoint, a Clark, New Jersey-based provider of 3D design and printing solutions, has acquired Alpha Additive Manufacturing Technologies, a Markforged reseller located in Lowell, Massachusetts. The acquisition expands DesignPoint's 3D printing presence in New England and strengthens its Markforged partnership and service capabilities for manufacturing customers.

Hilti has acquired substantially all assets of Concrete Sensors, a Boston-based provider of wireless concrete sensors, cloud software and testing lab services that monitor concrete curing. The deal extends Hilti's digital IoT portfolio and integrates Concrete Sensors' team and technology into Hilti's construction productivity offerings.

Transcat, Inc. acquired substantially all of the assets of TTE Laboratories, Inc., including the pipettes.com URL, effective February 21, 2020. The acquisition expands Transcat’s pipette calibration and repair capabilities, strengthens its distribution/e‑commerce presence in the life sciences market, and increases its footprint in New England.