Operating Company Industrial Services

Groome Industrial Service Group

Denville, New Jersey, United States

Provides specialty industrial services delivered as turnkey solutions across gas turbine generation, waste-to-energy, coal-fired utilities, petrochemical/refining, heavy industry, aviation, and marine/terminal operations.

Focus Areas
Industrial cleaning, Mechanical services, Maintenance & repair

Tracked deals

3

3 tracked deals across 2021-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

3 addon

Groome Industrial Service Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Groome Industrial Service Group. 1 2021 1 2023 1 2024

Supporting Data

Recent Transactions

  • Groome Industrial Service Group Acquires W-S Companies
    January 19, 2024
    Buyer
    Groome Industrial Service Group, Argosy Private Equity, Seacoast Capital, Ironwood Capital
    Target
    W-S Companies
    Industry
    Industrial Services
    Location
    Iowa, United States
    Type
    Addon

    Groome Industrial Service Group (an Argosy Private Equity portfolio company) acquired W-S Companies, a veteran-owned industrial and mechanical services provider headquartered in Council Bluffs, Iowa. Seacoast Capital and Ironwood Capital provided subordinated debt and co-investment capital to support the acquisition alongside Argosy and existing investors; Bridgepoint advised W-S on the sale.

  • Groome Industrial Service Group Acquires Blasting Solutions, Inc.
    March 28, 2023
    Buyer
    Groome Industrial Service Group, Argosy Private Equity
    Target
    Blasting Solutions, Inc.
    Industry
    Industrial Services
    Location
    Utah, United States
    Type
    Addon

    Groome Industrial Service Group, a portfolio company of Argosy Private Equity, has acquired Blasting Solutions, Inc. (BSI), a Syracuse, Utah-based provider of controlled explosive blasting services for boiler deslagging. The add-on expands Groome's capacity and west coast footprint and strengthens its service offering into coal-fired and biomass power plant markets while supporting demand for its KinetiClean HRSG/tube-cleaning service.

  • Groome Industrial Service Group (Argosy) Acquires Expro Services / Explosive Professionals (ExPro)
    September 7, 2021
    Buyer
    Groome Industrial Service Group, Argosy Private Equity
    Target
    Expro Services, Inc. (aka Explosive Professionals, Inc. / ExPro)
    Industry
    Industrial Services
    Location
    Kentucky, United States
    Type
    Addon

    Groome Industrial Service Group, an Argosy Private Equity portfolio company, acquired Expro Services, Inc. (also referenced as Explosive Professionals, Inc./ExPro), a Kentucky-based specialist in explosive boiler and HRSG cleaning. The add-on deal expands Groome's industrial maintenance capabilities, creates cross-selling opportunities in power generation and petrochemical markets, and enables penetration into the waste-to-energy sector.

Related Acquisition Pages

Industrial Services Buyers & Acquisitions 3 tracked deals by Groome Industrial Service Group. Acquisitions in Iowa 1 tracked deal by Groome Industrial Service Group. Acquisitions in Kentucky 1 tracked deal by Groome Industrial Service Group. Acquisitions in Utah 1 tracked deal by Groome Industrial Service Group.

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