Industrial Services Divestitures in 2025
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December 30, 2025
- Buyer
- PureStar, Cornell Capital
- Target
- Emerald Textiles
- Seller
- Pacific Avenue Capital Partners
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Divestiture
PureStar has acquired Emerald Textiles from Pacific Avenue Capital Partners, closing on December 30, 2025. The deal combines PureStar's hospitality laundry platform with Emerald's West Coast healthcare linen operations, creating a scaled, diversified commercial laundry provider backed by Cornell Capital.
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November 27, 2025
- Buyer
- Undisclosed UK private company
- Target
- DPP
- Seller
- Maven, Maven VCTs, Maven Investor Partners
- Industry
- Industrial Services
- Location
- England, United Kingdom
- Type
- Divestiture
Maven has exited its investment in DPP, a Southampton-based mechanical and electrical (M&E) maintenance contractor, selling the business to an undisclosed UK private company. The sale generated a reported return of between 2.1x and 2.5x cost for Maven client funds; DPP has over 180 employees and c.£19m turnover, serving large hospitality and retail clients via recurring maintenance contracts and project work.
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November 1, 2025
- Buyer
- Motion Industries, Inc.
- Target
- Sunset Industrial
- Industry
- Industrial Services
- Location
- California, United States
- Type
- Divestiture
Motion Industries acquired the net operating assets of Sunset Industrial, a Cerritos, California-based distributor of power transmission parts and industrial lubrication solutions, effective Nov. 1, 2025. The acquisition expands Motion's presence and service capabilities in Southern California and brings Sunset's make-to-order parts, repair, inventory management and safety training capabilities into Motion's network.
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October 1, 2025
- Buyer
- H.I.G. Capital
- Target
- France Workwear (business)
- Seller
- Rentokil Initial
- Industry
- Industrial Services
- Location
- France
- Type
- Divestiture
An affiliate of H.I.G. Capital has completed the acquisition of the France Workwear business from Rentokil Initial. France Workwear — a France-headquartered provider of workwear, flat-linen and hygiene rental and laundry services operating 34 sites and serving over 21,000 customers on subscription contracts — will be rebranded and positioned for independent growth across Europe; H.I.G. was advised by Jefferies and Santander.
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- Buyer
- Campine NV
- Target
- Ecobat's French lead operations (battery recycling and specialty lead manufacturing) at Estrée-Saint-Denis, Bazoches and Pont-Sainte-Maxence
- Seller
- Ecobat
- Industry
- Industrial Services
- Location
- France
- Type
- Divestiture
Ecobat completed the sale of its French lead battery recycling and specialty lead manufacturing operations to Campine NV. The deal includes Ecobat’s facilities in Estrée-Saint-Denis, Bazoches, and Pont-Sainte-Maxence and represents Ecobat’s exit from the French lead operations market.
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- Buyer
- Questas Group
- Target
- Custom Fluidpower (CFP)
- Seller
- Helios Technologies
- Industry
- Industrial Services
- Location
- New South Wales, Australia
- Type
- Divestiture
Helios Technologies has executed a definitive, all-cash agreement to sell its Australian-based hydraulic fluid power solutions and service provider business, Custom Fluidpower (CFP), to Questas Group. The transaction is valued at approximately A$83 million (about $54 million) and is expected to close in 60 to 90 days, subject to customary conditions.
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- Buyer
- Triton (funds advised/managed by Triton)
- Target
- MacGregor business area (MacGregor)
- Seller
- Cargotec Corporation (Cargotec Oyj)
- Industry
- Industrial Services
- Location
- Finland
- Type
- Divestiture
Cargotec has signed an agreement to sell its MacGregor business area to funds managed by Triton for an enterprise value of EUR 480 million to support Hiab’s future growth. Closing is expected by 1 July 2025 at the latest, with MacGregor reported as discontinued operations from Q4 2024; Triton later completed the acquisition on 31 July 2025.
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- Buyer
- Aramsco
- Target
- Jon-Don, USA-CLEAN (USAC)
- Seller
- Jon-Don
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Divestiture
Aramsco announced it is taking on Jon-Don customers after Jon-Don closed on May 9, 2025, hiring a number of Jon-Don employees and bringing several former Jon-Don branches onto Aramsco’s network. Separately, Aramsco purchased the assets of USA-CLEAN (USAC) and hired its employees; Factory Cleaning Equipment (FCE) was not acquired. Aramsco will operate USAC as one of its business units and honor certain Jon-Don customer credit terms and orders.
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April 14, 2025
- Buyer
- Peak Utility Services Group, Inc.
- Target
- 5 Star Electric, LLC, Higher Power Electrical, LLC, Python Equipment LLC
- Seller
- Mammoth Energy Services, Inc.
- Industry
- Industrial Services
- Location
- United States
- Type
- Divestiture
Peak Utility Services Group, Inc. acquired all equity interests in 5 Star Electric, Higher Power Electrical and Python Equipment from Mammoth Energy Services' subsidiary Lion Power Services LLC for an aggregate $108.7 million. Mammoth received $98.3 million in cash at closing (with $10.4 million in escrow) and said the sale increases its cash position to about $160 million to pursue other deployment opportunities.
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April 1, 2025
- Buyer
- Easy Ice
- Target
- Red Rock Food Equipment (ice machine leasing division), CABA Leasing
- Seller
- Red Rock Food Equipment, CABA Leasing
- Industry
- Industrial Services
- Location
- Oklahoma, United States
- Type
- Divestiture
Easy Ice acquired the ice machine leasing division of Red Rock Food Equipment and CABA Leasing, both based in Oklahoma City, expanding its footprint in Oklahoma and North Texas. The deals add local density and customer accounts to Easy Ice's managed rental platform and strengthen its position as a national provider of commercial ice solutions.
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February 19, 2025
- Buyer
- Omya
- Target
- Distrupol
- Seller
- GPD Companies, Inc.
- Industry
- Industrial Services
- Location
- United Kingdom
- Type
- Divestiture
GPD Companies entered into a definitive agreement to sell its European distributor Distrupol to Omya. The transaction was subject to regulatory approvals and was anticipated to close in the first quarter of 2025; GPD later announced the sale has been completed.
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January 14, 2025
- Buyer
- Global Risk Capital (affiliate), Framatome SAS
- Target
- Velan Valve Corp., Segault SAS, Velan S.A.S., Velan Valves Limited (seller of French subsidiaries, wholly-owned subsidiary)
- Seller
- Velan Inc.
- Industry
- Industrial Services
- Location
- Quebec, Canada
- Type
- Divestiture
Velan Inc. entered into a definitive agreement with an affiliate of Global Risk Capital to permanently divest its asbestos-related liabilities by selling Velan Valve Corp. Global Risk Capital will capitalize the U.S. subsidiary with US$143 million (plus US$7 million from the Buyer), removing asbestos liabilities from Velan’s balance sheet. Separately, Velan Valves Limited signed an MoU to sell its French subsidiaries (Segault SAS and Velan S.A.S.) to Framatome SAS for US$175.2 million (€170 million), with total consideration to Velan of US$198.4 million (€192.5 million) including transfer of an intercompany loan; definitive agreement is subject to shareholder approval.
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