Industrial Services Acquisitions in Nebraska

Truelink Capital has acquired SouthernCarlson, a leading U.S. distributor of fasteners, tools, packaging and construction supplies, from Kyocera Corporation. The transaction is supported by a senior secured credit facility co-led by Bain Capital Credit and Goldman Sachs Alternatives to finance Truelink's purchase; SouthernCarlson will operate as an independent, nationwide platform to pursue organic growth and strategic M&A.

MKS, a Kansas City-based, family-owned pipe, valve and fitting (PVF) distributor, has acquired Industrial Pipe & Supply (IPS) of Omaha, Nebraska. The acquisition expands MKS's Midwest footprint into Nebraska and Iowa, adds a local distribution point enabling same-day delivery and brings additional capabilities (e.g., actuated valve packages, custom machining) while retaining IPS's local team and brand.

Pye-Barker Fire & Safety has acquired Nebraska Safety and Fire Equipment, adding three Nebraska locations and expanding Pye-Barker’s Midwest footprint. The acquisition brings Nebraska Safety’s fire sprinkler, alarm, extinguisher and security services onto Pye-Barker’s national platform to enhance service capability and coverage in Nebraska and surrounding states.

Rensa Filtration has acquired The Filter Shop, a regional air-filter distributor and service provider with distribution centers and service teams in Omaha, Nebraska and Des Moines, Iowa. The deal (Rensa is Audax-backed) expands Rensa's regional footprint and service capabilities across education, healthcare, food manufacturing and data center end markets and gives The Filter Shop access to Rensa's manufacturing and R&D resources.

Funds managed by Harvest Partners have completed the acquisition of Road Safety Services, Inc. from Parallel49 Equity. Headquartered in Omaha, Nebraska, Road Safety Services provides pavement marking and road-safety services across 15 states from nine facilities; the company's management team, led by CEO Mike Johnson, will remain significant owners and continue to lead the business. Transaction terms were not disclosed.

Pye-Barker Fire & Safety has acquired Bamford, Inc., a full-service fire sprinkler company headquartered in Kearney, Nebraska, marking Pye-Barker's entry into its 36th U.S. state. The family-owned Bamford team will continue to serve customers locally as Pye-Barker expands its national footprint of fire protection, life safety and security services.

Summit Fire Protection, a subsidiary of SFP Holding, Inc. (Summit Companies), has acquired General Fire & Safety Equipment Company of Lincoln, Nebraska, effective July 12, 2022. The acquisition expands Summit's presence in Nebraska and adds local fire alarm, suppression, kitchen suppression and extinguisher installation, service and maintenance capabilities to its branch network.

Certified Power Solutions has acquired Skarda Equipment Company and its affiliate Controlled Motion Dynamics, expanding CPS's geographic footprint into the Midwest and strengthening its industrial and mobile fluid power capabilities. Skarda will retain its name and locations and approximately 50 employees will join Certified Power, while customers and vendors should see no service interruptions.

Nolan Capital, the family office of Peter Nolan, has acquired a majority stake in Water Engineering, Inc., a Omaha-based provider of industrial water treatment solutions, chemicals and services. Nolan Capital’s Southern California portfolio company, Apollo Technologies, will join the combined Water Engineering platform as the investor and management team intend to pursue further acquisitions to build a national water treatment platform.

American Equipment Holdings, a Rotunda Capital Partners portfolio company, has acquired Kistler Crane & Hoist, a Midwest provider of overhead crane systems and MRO field services based in Omaha, Nebraska. The deal expands American Equipment's geographic footprint into the Midwest and strengthens its quoting, engineering, parts and field service capabilities as an add-on to its consolidating platform.

Industrial Growth Partners V, L.P., in partnership with Hydromax USA management, acquired Hydromax USA, LLC from Warren Equity Partners. The private equity-controlled platform investment positions Hydromax to accelerate growth across its outsourced infrastructure services for gas, water and wastewater utilities through strategic and operational support from IGP.