Industrial Service Solutions Continues To Expand With Five Acquisitions
Edgewater Growth Capital Partners III, L.P. (“Edgewater”) is pleased to announce that its portfolio company Industrial Service Solutions (“ISS” or the “Company”) recently added five businesses to its family of companies: Midwest Valve Parts Supply Co., Inc. (“MVP”), Cajun Valve Services, LLC (“CVS”), All-Pump & Equip. Co. (“APE”), Service Equipment & Repair Company, LLC (“SER”) and Plant-N-Power Services, LLP (“PNP”). Each business provides specialty industrial services to its client base and has built a reputation of quality, responsiveness and superior technical expertise. These companies augment the ISS platform with additional products and services, talented personnel and physical assets in new geographies.
ISS is building a national provider of industrial field services, repair and refurbishment of equipment found in most industrial and manufacturing facilities in North America. This market is extremely fragmented, making it difficult for major industrial companies to find a reliable single source of repair and maintenance services for mission critical equipment. Types of equipment in which ISS has particular expertise includes valves, actuators, motors, generators, pumps, compressors and boilers. The Company’s services are critical to the success of complex plant operations, the prevention of costly facility downtime, and the reduction of safety hazards.
Since inception, ISS has completed twenty-one (21) acquisitions and maintains over 40 service and distribution locations across the U.S. with approximately 1,500 employees. This combination of skilled technical workforce and physical assets enables ISS to offer a broad and valuable set of solutions to its expansive customer base.
The company seeks to acquire companies that provide industrial field services, repair and refurbishment of equipment found in industrial and manufacturing facilities in North America.