Tracked deals
3
3 tracked deals across 2020-2023.
Novi, Michigan, United States
Industrial/infrastructure services provider offering hydro excavation/vacuum excavation, industrial cleaning, pipe inspection and trenchless pipe rehabilitation, and related repair and maintenance services for commercial, municipal, industrial, and related facilities.
Tracked deals
3
3 tracked deals across 2020-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
2 addon · 1 recapitalization
Last 3 years
Supporting Data
PowerVac of Michigan, a portfolio company of Pillsman Partners and Peninsula Capital Partners, has completed a majority recapitalization of The Precision Group, an environmental and infrastructure services provider headquartered in Schenectady, New York. The deal brings together Precision’s industrial cleaning, trenchless pipe rehabilitation and hazardous‑waste capabilities with PowerVac’s platform to expand geographic reach and service offerings across regional municipal, commercial and industrial markets. Auctus Capital Partners acted as exclusive advisor to The Precision Group.
Power VAC, LLC of Novi, Michigan acquired Strain Electric Company, a 75+-year-old electrical and utility contractor headquartered in Wyoming, Michigan. The transaction is an add-on to Power VAC’s PE-backed platform and was supported by Peninsula Capital Partners and Pillsman Partners to expand Power VAC’s geographic footprint and service offerings into Western Michigan.
PowerVac of Michigan (PVM), together with Peninsula Capital Partners and management, has acquired Fire & Ice Mechanical, a Sterling Heights, Michigan-based full-service commercial and industrial heating and cooling contractor. The acquisition expands PVM's service capabilities and geographic presence in Southeast Michigan by adding F&I's emergency service, preventive maintenance and system upgrade offerings.
Turn tracked acquisition activity into an outreach-ready buyer list.