Industrial Services Acquisitions in Missouri

Kanbrick, a long-term investment partnership, has acquired Keep Supply, a Springfield, Missouri–based distributor of industrial refrigeration parts and equipment. The investment will support Keep Supply’s continued growth, expand its parts and equipment portfolio, and deepen customer and vendor relationships.

BW Design Group has acquired Malisko, a system integration and automation firm, to expand its national leadership in system integration, automation, and manufacturing connectivity. The acquisition adds Malisko’s engineering expertise and offices (St. Louis, Denver, Eau Claire) to BW Design Group’s integrated architecture, engineering and construction platform to enhance end-to-end solutions for food & beverage, life sciences, and other manufacturing clients.

Marine Equipment Solutions (MES) has acquired Humco Marine Products, a supplier of marine hardware, fittings and related solutions. The deal expands MES's product catalog and nationwide reach, integrating Humco's marine bearings, winches, deck fittings and safety products into MES's portfolio to better serve commercial, industrial and government marine customers.

Thorpe Specialty Services, a Houston-based industrial specialty services provider backed by KLH Capital, has acquired Williams Refractory Services of Lee's Summit, Missouri. The add-on expands Thorpe's geographic footprint into the Midwest, broadens its refractory and kiln reline capabilities, and strengthens exposure to cement, power and ethanol end markets.

Zeus Fire and Security announced the acquisition of Atlas Security, a Springfield, Missouri-based security and fire protection provider. Atlas will be integrated into Zeus' national network and join forces with Zeus partner PASS Security to expand service offerings and regional coverage in Southwest Missouri.

Quad-C Management announced an investment in O6 Environmental, a St. Louis-based provider of environmental remediation, industrial cleaning, liquid waste processing and emergency response services. Quad-C said it will partner with O6 management to expand the company’s geographic footprint, broaden service offerings and accelerate growth; terms were not disclosed.

Midland Industries, a portfolio company of Gemspring Capital, has acquired Cerro Brass from Cerro Flow Products (a Marmon Holdings subsidiary). The deal expands Midland's brass product offering and strengthens its supply chain and distribution capabilities to better serve residential, commercial, and industrial customers nationwide.

RelaDyne has acquired Santie Oil Company, a family-owned lubricant distributor headquartered in Sikeston, Missouri. The deal expands RelaDyne’s Midwest footprint and adds Santie’s e-commerce capabilities, product portfolio and regional distribution network to RelaDyne’s national lubricant, fuel and reliability services platform.

Healthcare Linen Services Group (HLSG) acquired Penn Enterprises, including a 30,000-square-foot processing facility that will be rebranded as Linen King. The deal expands HLSG's regional footprint across Missouri and Kansas and adds Penn's government and healthcare laundry capabilities (Penn has processed over 44 million pounds annually for the Department of Defense).

VINCI Energies has acquired EPIC Systems, a St. Louis-based provider of industrial and process automation solutions, from Compass Group Equity Partners. The transaction is a strategic exit for Compass Group and will integrate EPIC’s engineering and systems-integration capabilities into VINCI Energies’ global industrial services platform to support expanded end-market coverage and geographic growth.

CES Power LLC, backed by private equity firm Allied Industrial Partners, has acquired Base Craft, LLC, a provider of specialty services and equipment for the motion picture industry. The deal expands CES's footprint in film and broadcast services and launches a new CES Studio Services division to pursue further add-on growth; terms were not disclosed.

An affiliate of 26North Partners LP has agreed to acquire ArchKey Solutions from One Rock Capital Partners; the deal was announced in September 2024 and completed in November 2024. ArchKey, a national provider of electrical, technologies and facilities services with over 4,000 employees, will continue its growth under new financial ownership; financial terms were not disclosed.

Argonaut Private Equity has added Hammer & Steel Global, LLC to its Fund V portfolio. Hammer & Steel, a St. Louis-area distributor and rental provider of deep foundation drilling and pile driving equipment with multiple regional sales and distribution locations, will partner with Argonaut to accelerate geographic expansion and add distribution facilities while preserving the company legacy.

D&H United, a Wind Point Partners portfolio company, has acquired Show Me Petroleum Equipment, a Springfield, Missouri-based full-service fueling solutions provider. The add-on expands D&H United's regional service capabilities in fuel system installation, maintenance and compliance while integrating Show Me's customer base and employees into the platform.

Unity Partners LP completed a strategic platform investment in Katsam Property Services, a St. Louis–area provider of power sweeping, pressure washing, janitorial and other facility maintenance services. Unity Partners will provide capital, operational support and an employee ownership program as Katsam pursues organic growth and strategic acquisitions to expand its Midwest footprint.

Investment funds managed by KKR have acquired Marmic Fire & Safety from HGGC. Marmic, headquartered in Joplin, Missouri, is a leading provider of regulation-mandated fire protection inspection, testing and maintenance services with more than 1,000 employees and over 56,000 customers across commercial, industrial, multi‑family, education, government, and healthcare end markets; KKR will maintain Marmic as an independent company and implement a broad-based employee ownership program.

Easy Ice, the nation’s largest provider of managed commercial ice machine rentals, acquired The Ice Factory (formerly Wally's Refrigeration) in Osage Beach, Missouri. The acquisition expands Easy Ice’s presence in Missouri and the Lake of the Ozarks area and will be integrated into Easy Ice’s Sedalia branch to provide ongoing service to local customers.

Korea Zinc, through its U.S. subsidiary Pedalpoint Holdings, has acquired Kataman Metals, a St. Louis-based global scrap metal trader, for USD 55 million. The deal secures long-term scrap metal feedstock to support Korea Zinc's planned copper production expansion and advances its recycling/resource-circulation strategy; Brown Gibbons Lang served as advisor to Korea Zinc in the transaction.

John Henry Foster Minnesota, Inc. (JHFOSTER) has acquired HTE Technologies, a St. Louis–based automation supplier serving Kansas, Missouri and Illinois. HTE will operate as an independent division under its existing brand and headquarters; the acquisition expands JHFOSTER’s geographic footprint and broadens its automation, robotics and compressed-air capabilities for manufacturing customers.

Tuckahoe Holdings, a family-run diversified holding company based in Richmond, Virginia, has acquired Gateway Dealer Network (GDN), a Bobcat equipment dealership network headquartered in St. Louis, Missouri, from Brightstar Capital Partners. GDN operates 31 locations across 10 U.S. states providing new and used equipment sales, parts & service, and rentals; the management team led by CEO John Hopper will remain in place. Terms were not disclosed.

Elevator Service LLC (ESI), a Grand Rapids-based elevator service platform backed by Carroll Capital, has acquired Allrise Elevator Company, an independent elevator service provider in the Greater St. Louis market. The transaction is an add-on acquisition that will keep Allrise's branding and team intact while expanding ESI's Midwest footprint and service, modernization, and new construction capabilities in St. Louis and Mid‑Missouri.

DXP Enterprises, Inc. (NASDAQ: DXPE) has completed the acquisition of Alliance Pump & Mechanical Service, Inc., a municipal and industrial pump sales, service, and repair company based in Independence, Missouri. The transaction, funded with cash on DXP's balance sheet, expands DXP's North Central regional footprint and enhances its pump repair capabilities and end-market mix.

Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, has acquired Mid-South Steel Products Inc., expanding Island Pump’s service footprint into the U.S. Mid-West. The deal brings Mid-South’s manufacturing, installation, and distribution capabilities for petroleum equipment into Island Pump’s platform; financing was provided by Capital Southwest Corporation and the company’s owner, Sonny Underwood, will remain involved.

Pye-Barker Fire & Safety acquired Pyrotech, a St. Louis-based fire suppression, extinguisher and life-safety equipment provider, expanding Pye-Barker’s footprint into Missouri and Illinois and bringing the platform to 163 branches. The Pyrotech team and technicians will continue servicing customers in the greater St. Louis area as Pye-Barker pursues further geographic expansion through add-on acquisitions.

Ilion Capital Partners has acquired Mid States Supply, a Kansas City–headquartered value-added distributor of valves, pipes and fittings, from Staple Street Capital. The transaction represents an exit for Staple Street and gives Ilion a platform to support further growth and capability expansion in valve modification and industrial distribution services.

The Valcourt Group, a PE-backed exterior building services platform, has acquired Clearview Building Services, a commercial window cleaning and pressure washing provider in the St. Louis, Missouri area. The deal expands Valcourt’s presence and service capabilities in Missouri and brings Clearview’s local management team into the Valcourt family.

Hillenbrand, Inc. agreed to acquire the Schenck Process Food and Performance Materials (FPM) business from Blackstone for an enterprise value of approximately $730 million. Headquartered in Kansas City, Missouri, FPM has over 1,300 employees and is expected to generate about $540 million of 2023 revenue and $68 million of EBITDA; the deal is expected to close in Hillenbrand's fiscal fourth quarter of 2023 subject to regulatory approvals.

Mazzella Companies has acquired John Sakach Company of St. Louis to strengthen its Midwest and Central U.S. footprint. The deal expands Mazzella's rigging equipment distribution and inspection/repair/training capabilities; terms were not disclosed.

Gemspring Capital Management affiliate has acquired Midland Industries, a Kansas City-based manufacturer and distributor of pipe, valve, and fitting products across North America. Existing investor Wynnchurch Capital sold a stake but retained a minority interest and coinvested alongside Gemspring; financial terms were not disclosed.

Westbridge Capital Ltd., a Canada-based private management company, has acquired Federal Steel Supply, LLC and its subsidiary Process Piping Materials from V&A Capital. The transaction creates a new platform in industrial piping distribution, combining multiple regional facilities and supporting continued organic and inorganic growth across industrial end markets.

The Hiller Companies, a fire and life safety services provider headquartered in Mobile, Alabama, has acquired Mid Rivers Fire Safety Inc., a Troy, Missouri-based inland marine fire protection specialist. The acquisition expands Hiller's marine footprint into inland waterways around the Mississippi River and brings Mid Rivers' 20+ years of regional marine fire protection expertise into Hiller's Marine division.

Meritus Gas Partners, a portfolio company of AEA Investors Small Business Private Equity, has entered into a partnership to acquire Hohenschild Welders Supply, a Kansas City-based distributor of packaged gases and welding supplies. The deal expands Meritus' footprint into the Kansas City market and will enable investment in Hohenschild's capabilities and geographic reach; financial terms were not disclosed.

Transcat, Inc. (Nasdaq: TRNS) acquired all of the capital stock of TIC-MS, Inc., an ISO/IEC 17025 accredited calibration laboratory based in St. Louis, Missouri, effective March 27, 2023 for $9.7 million (70% stock, 30% cash, subject to customary holdbacks). The acquisition strengthens Transcat's Midwest presence, complements its existing St. Louis lab capabilities, and management and staff of TIC-MS will remain in place as operations are consolidated.

AEA Investors’ Small Business Private Equity (AEA SBPE) has closed the acquisition of Chemtron RiverBend (CRB), a St. Charles, Missouri–based full-service provider of industrial water and wastewater treatment products and laboratory services. The deal includes significant rollover by management and employees; AEA cited CRB’s differentiated position in a large, fragmented market and substantial organic and M&A growth potential as drivers for the investment.

Frontenac-backed EFC International has acquired Inventory Sales Company (ISC), a St. Louis-based distributor of fasteners, struts and related components. The acquisition expands EFC's scale, product and service offerings and broadens its geographic footprint; financial terms were not disclosed.

Addtronics, a mission-driven holding company backed by Kaho Partners, has acquired Missouri Tooling & Automation (MTA), a custom robotic automation systems provider based in Lebanon, Missouri. The deal is the second add-on for the Addtronics platform and is intended to expand Addtronics' capabilities, end-market coverage, and geographic footprint in industrial automation.

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Shannahan Crane & Hoist, a St. Louis-based provider of engineered overhead crane systems and MRO field services. The transaction is the 14th add-on for American Equipment since partnering with Rotunda in May 2021 and expands the platform's Midwest capabilities and national field-service footprint.

Belt Power LLC, a Shorehill Capital-backed distributor and fabricator of conveyor system components, completed the acquisition of Accurate Industrial Products, LLC on December 30, 2021. The transaction adds Accurate’s fabrication and distribution capabilities in the St. Louis and Columbus markets to Belt Power’s national footprint to support accelerated organic and acquisition-driven growth.

D&S Car Wash Supply, a portfolio company of Lometa Capital Partners, has acquired Mid-States Car Wash Solutions, a long-running distributor and service provider headquartered in Scott City, Missouri. The acquisition extends D&S's Field Sales & Service territory in the Mid-South, adds installation, maintenance and chemical supply capabilities, and brings Mid-States owner Dave Bogenpohl into D&S as a Regional Business Development Manager.

Pipeline Packaging, an employee-owned US distributor of rigid industrial containers, has acquired MidStates Container Company, a full-line packaging distributor based in St. Louis, Missouri. The deal will consolidate supply lines and expand Pipeline's geographic footprint and service offerings across the U.S. Midwest.

Chicago-based private equity firm Frontenac has acquired EFC International, a St. Louis-headquartered value-added distributor of highly engineered fasteners and specialty components. Financial terms were not disclosed; CEO Matt Dudenhoeffer and the executive team will remain in place as Frontenac supports EFC's organic and inorganic expansion plans following a sale by prior sponsor Quad-C Management.

Cennox, a York Capital-backed portfolio company, has acquired Bancsource, a U.S.-based provider of maintenance and services for cash automation equipment, from CapitalWorks. The deal expands Cennox's U.S. footprint and service capabilities in ATM and cash automation maintenance; terms were not disclosed.

Sweeping Corporation of America (SCA) has acquired Contractors & Municipal Sweeping Service, Inc. (C&M), a leading provider of street sweeping services in the St. Louis metropolitan area. The transaction expands SCA’s geographic footprint into Missouri; terms were not disclosed.

Nesco Holdings, in partnership with an affiliate of Platinum Equity, completed the previously announced acquisition of Custom Truck One Source, L.P. for $1.475 billion and the combined company was renamed Custom Truck One Source, Inc. Platinum Equity became the majority stockholder while certain former CTOS equity holders, including funds managed by Blackstone, retained minority stakes. The combined business creates a leading provider of specialized truck and heavy equipment rental, sales, parts and service focused on infrastructure end markets.

Concept Machine Tool, a Goldner Hawn portfolio company, has acquired B.C. MacDonald, a St. Louis-based distributor of specialty cutting tools, gaging/metrology products, and related technical support. The add-on expands Concept's Midwest footprint and strengthens its capabilities in metrology, precision measurement, and additive manufacturing to better serve aerospace, medical device, heavy machinery and defense end markets.

HGGC has acquired Marmic Fire & Safety, a Joplin, Missouri-based full-service fire protection company, from Thompson Street Capital Partners. Marmic CEO Michael Teeter will remain in leadership and retain a substantial ownership stake as HGGC positions Marmic as a platform to accelerate organic growth and pursue add-on acquisitions across fire protection services.

Industrial Inspection & Analysis, Inc. (IIA) has acquired St. Louis Testing Laboratories, Inc. (SLTL), a St. Louis-based commercial testing laboratory founded in 1929. The acquisition expands IIA's capabilities into destructive testing (mechanical, chemical and metallurgical testing) and strengthens its geographic presence in the central United States.

Mallory Safety and Supply has acquired Wise Safety & Environmental, a St. Louis-based distributor of safety supplies and abatement products and services. The deal (terms undisclosed) expands Mallory’s national footprint to 30 locations, adding eight Wise Safety full-service and warehouse sites and enabling coast-to-coast 24-hour delivery and expanded MRO, vending, training and supply-chain capabilities.

Valmont Utility, a business segment of Valmont Industries, has acquired a majority stake in Kansas City Utility Packaging (KCUP) and will operate the business as Valmont Substations LLC. The acquisition combines KCUP's substation engineering, design, and packaging capabilities with Valmont Utility's structural design and manufacturing to expand substation solutions and strengthen supply chain services for utility and renewable energy customers.

BlackHawk Industrial, a US-based industrial distributor, has acquired J&S Tool Inc., a cutting-tool distributor, manufacturer and reconditioner located in O'Fallon, Missouri. The acquisition expands BlackHawk's distribution and manufacturing footprint in the St. Louis and Southern Illinois markets and adds precision reconditioning and manufacturing capabilities; financial terms were not disclosed.