Industrial Services Acquisitions in Oregon

Summit Fire & Security (a subsidiary of SFP Holding, Inc./Summit Companies) has completed a merger with Performance Systems Integration (PSI), closing on August 21, 2025. The combination expands Summit's national footprint and technical capabilities while giving PSI customers and employees access to broader resources, faster response times, and an expanded network across 126 locations in 37 states.

Toyota Tsusho America, a subsidiary of Toyota Tsusho Corporation, has completed the acquisition of Radius Recycling, a leading North American recycler and steel manufacturer headquartered in Portland, Oregon. Radius will continue to operate as a standalone business, retaining its management, employees, operating facilities and brand while helping Toyota Tsusho advance its circular-economy and carbon-neutrality initiatives.

Easy Ice has acquired the ice machine rental division of Rose's Equipment & Supply in Portland, Oregon, marking the company's first major expansion into the Pacific Northwest. The transaction establishes a new Easy Ice branch in the region to increase density, improve customer experience, and win additional business from local foodservice establishments.

Performance Systems Integration (PSI), a portfolio company of The Riverside Company, has acquired Sanderson Fire Protection as an add-on to PSI’s fire and life safety platform. Sanderson, a family-owned fire protection provider headquartered in Portland, Oregon, offers fire extinguisher service and suppression system inspection, repair and installation across Oregon and Washington, and the deal expands PSI’s suppression capabilities and regional presence in the Pacific Northwest.

H.I.G. Capital, through an affiliate, has completed the acquisition of Northwest Pump and Equipment Co., a distributor and service provider to fueling stations, EV charging infrastructure and other industrial customers across the Western United States. The company, founded in 1959, operates approximately 20 branch locations with ~350 employees and serves nearly 6,000 customers; H.I.G. intends to support organic and inorganic growth to expand product and service offerings and geographic density.

Performance Systems Integration (PSI), a Portland-based fire and life safety platform owned by The Riverside Company, acquired Action Technology Systems (ATS) as an add-on to expand PSI’s footprint in the Portland, Oregon market. The deal strengthens PSI’s service offering in fire alarm service, monitoring, installations and related security systems as part of Riverside’s continued roll-up strategy in the fire and life safety space.

Aldinger Company has acquired J&J Calibrations to expand its calibration and metrology service offerings and geographic footprint. The deal brings J&J's accredited mobile calibration labs and technical expertise into Aldinger's network, strengthening capabilities across aerospace, automotive, manufacturing and healthcare end markets.

Trive-backed Kittyhawk, a provider of hot isostatic pressing (HIP) services, has acquired Stack HIP from Stack Metallurgical Group. The acquisition adds Stack HIP's Albany, Oregon facility — which houses some of the largest high-pressure HIP vessels in North America — expanding Kittyhawk's capacity and capabilities to serve aerospace, space, defense, and medical customers; SMG will continue to operate its other heat treatment and aluminum processing facilities.

PNW Metal Recycling, a Clackamas, Oregon-based ferrous and non‑ferrous metal recycler, received a minority growth investment from ITOCHU Metals Corporation (a subsidiary of ITOCHU Corporation). The transaction closed on June 30, 2023, with GulfStar Group serving as exclusive financial advisor to PNW to support the company’s growth plan and strategic partnership with IMC.

An affiliate of Lone Star Funds has completed the acquisition of Titan Acquisition Holdings — the parent of Vigor Industrial LLC, MHI Holdings LLC and Continental Maritime of San Diego — from funds managed by The Carlyle Group and Stellex Capital Management. The transaction, first announced in February 2023, closed in mid-June 2023; financial terms were not disclosed. Titan is a bi-coastal leader in ship repair, marine and heavy fabrication serving U.S. government and commercial maritime customers.

In-Place Machining Company (IPM), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired Western Machine Works, LLC (WMW), a Portland, Oregon-based precision machine shop. The add-on expands IPM's on-site machining and precision repair capabilities while strengthening its geographic presence in the Pacific Northwest and across targeted end markets such as pulp & paper, marine, and renewable power.

Bishop Lifting Products, a portfolio company of Altamont Capital Partners, completed the acquisition of Westech Rigging Supply, which operates locations in Eugene and Salem, Oregon. The add-on expands Bishop's Northwest footprint and ecommerce reach; current Westech owner Nick Anderson will join Bishop as Director of Ecommerce following the closing.

FloWorks, a specialty flow control distribution platform backed by Clearlake Capital Group, has acquired SemiTorr Group, a Tualatin, Oregon-based distributor of high-purity, sanitary and general industrial fluid handling systems and components. The add-on expands FloWorks' branch network and product suite across semiconductor, life sciences, food & beverage and other industrial end markets; financial terms were not disclosed.

B2B Industrial Packaging LLC has acquired Western Packaging, Inc., a regional industrial and agricultural packaging distributor based in Albany, Oregon. The deal, closed November 1, 2021, is an add-on to B2B's platform (backed by GenNx360 Capital Partners) to expand the firm's geographic footprint and service capabilities in the Pacific Northwest.

Great Lakes Rubber & Supply, a family-owned industrial sealing distributor based in Milwaukee, acquired Chinook O-Ring and Seals (a wholesale distributor and custom molded elastomers provider in the Portland/Beaverton, Oregon area). The deal, signed August 20, 2021, expands Great Lakes Rubber's geographic footprint in the Pacific Northwest and extends its value-added services (CMI, kitting, assembly) to Chinook's customers.

Insight Equity's portfolio company LDX Solutions has acquired Western Pneumatics, Inc., a full-service fabricator of pneumatic and mechanical conveying systems headquartered in Eugene, Oregon, with a secondary fabrication location in Ruston, Louisiana. The add-on transaction expands LDX's manufacturing, installation and aftermarket service capabilities for air pollution control and material-handling systems across the contiguous United States.

The Riverside Company has invested in Performance Systems Integration (PSI), a Portland, Oregon–based fire and life safety services provider, to establish PSI as a fire and life safety platform in the Pacific Northwest. Riverside said it will pursue strategic add-ons, establish a technician training academy, and expand PSI’s sales and marketing to grow the business.

Monroe Engineering Products, LLC acquired Northwest Fastener Sales, Inc., a Tualatin, Oregon-based industrial distributor of threaded fasteners, with the deal closing October 31, 2014. The acquisition expands Monroe's product offering and presence in the Pacific Northwest while pairing Northwest Fastener Sales' customer relationships and manufacturer's representative capabilities with Monroe's broader distribution and manufacturing platform.