Industrial Services Acquisitions in Nevada

Nwestco, a distributor and service provider of fueling, car-wash and EV-charging infrastructure and a portfolio company of Guardian Capital Partners, has acquired IDECO-NV, a regional service, maintenance, compliance, and testing provider for petroleum equipment headquartered in Las Vegas. The deal, advised on the sell-side by Infinity Capital Partners, expands Nwestco's technician capacity and strengthens its presence across the Intermountain / Western U.S. as the sixth add-on under Guardian's ownership.

Pye-Barker Fire & Safety has acquired Red E Fire Protection, a Las Vegas–based provider of commercial fire sprinkler, pump, hydrant, emergency lighting and extinguisher services, to expand its full-service fire protection and life safety offerings in Nevada. Red E's technicians will remain in place to serve customers locally; Nelson Mullins Riley & Scarborough represented Pye-Barker in the transaction.

PROtect, LLC acquired Airde Mechanical Services, LLC (dba Airde Rope Access Specialists), expanding PROtect's national service platform to include rope access, suspended platforms, and specialized high-access industrial services. Airde, founded in 2017 and headquartered in Las Vegas, brings SPRAT/IRATA-certified technicians and experience across bridges, stadiums, hydroelectric facilities, and other infrastructure and energy projects.

SJE, Inc. has acquired AMI Global from private equity firm Cimbria Capital to expand its Industrial Internet of Things (IIoT) and cloud-connected remote monitoring capabilities. AMI Global, an IIoT solutions provider focused on pump applications and water/wastewater markets, will form the core of SJE's new Cloud Connected Solutions division led by AMI CEO Henrik Laursen.

Loenbro, a Westminster, Colorado-based lifecycle infrastructure services provider backed by Braemont Capital, has acquired Stewart Electric, a Nevada-based electrical services firm focused on the data center market. The add-on acquisition strengthens Loenbro’s mission-critical electrical capabilities and expands its geographic footprint into Stewart’s southeastern U.S. data center markets; financial terms were not disclosed.

Pye-Barker Fire & Safety has acquired Reno-based Legacy Fire Services to expand its full-service fire protection, life safety and security offerings in Nevada. Legacy Fire Services — founded in 2016 and specializing in inspection, testing, maintenance and installation of fire sprinkler systems and extinguishers — will join Pye-Barker's Reno-area teams to provide expanded code-compliant services to commercial, industrial and multi-family customers.

Marco Rubber & Plastics, a portfolio company of Align Capital Partners, has acquired Jet Gasket & Seal, a Las Vegas-based specialty distributor of seals, gaskets and related products that serves the brewery end market. The add-on expands Marco’s product portfolio, supplier network and e‑commerce capabilities while opening new end markets for growth.

Arizona-based Empire Southwest has agreed to acquire Nevada-based Cashman Equipment, combining two third-generation Caterpillar dealers to strengthen service and support across the U.S. Southwest. The deal, expected to close in December 2022, brings together over 2,300 Empire employees and more than 1,100 Cashman employees to expand capabilities across construction, mining, energy and industrial end markets.

United Rentals agreed to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The acquisition expands United Rentals' branch footprint, adds over 60,000 rental assets and ~2,100 employees, and is expected to be accretive to earnings while delivering cost and revenue synergies.

Bishop Lifting Products, a portfolio company of Altamont Capital Partners, has completed the acquisition of Silver State Wire Rope and Rigging, headquartered in Las Vegas, Nevada. The deal is an add-on acquisition that expands Bishop's national footprint in lifting and rigging products and services, adding to its 28 locations and marking the company's ninth acquisition since 2012.

Endeavour Silver Corp. acquired the Bruner Gold Project from Canamex Gold Corp. for US$10 million in cash. The purchase transfers 100% of the Bruner project — including mineral claims, mining rights, property assets, water rights and permits — adding an exploration-stage gold asset in Nye County, Nevada to Endeavour’s project pipeline to support its growth plans.

Miner Ltd., the dock and door division of OnPoint Group, has acquired C&M Garage Doors, a loading dock and commercial/residential door sales and service company headquartered in Henderson, Nevada. The deal expands Miner's service footprint into the Henderson–Las Vegas industrial market and adds Nevada to its geographic coverage while bringing C&M's installation, sales and service capabilities into the Miner/OnPoint platform.

MEI Rigging & Crating, a portfolio company of Dorilton Capital, has acquired Reno Custom Crating, a custom industrial crating provider founded by Susan and Gordon Geffert in 1992. RCC's operations and team will be integrated into MEI's Sparks, Nevada facility to expand MEI's crating capacity and better serve the northern Nevada manufacturing customer base.

i-80 Gold Corp., through its wholly owned Delaware subsidiary Premier Gold Mines USA, Inc., completed the acquisition of all membership interests of Osgood Mining Company LLC — owner of the Getchell Project near Winnemucca, Nevada — from affiliates of Waterton Global Resource Management. Consideration included US$23.0 million cash (part of a US$50 million package of cash, shares, warrants and contingent value rights), 13,036,846 common shares, warrants and contingent payments tied to production milestones; i-80 plans an extensive drill program and a PEA for the project.

Alvarez & Marsal Capital (A&M Capital) has acquired a majority interest in Brady Industries, a Las Vegas–based cleaning solutions provider founded in 1947. Brady operates 15 locations across multiple U.S. states with more than 350 employees; management will retain a meaningful equity stake while A&M Capital will provide capital and operational resources to expand Brady's geographic reach and product offering.