Industrial Services Acquisitions in Illinois
Illinois Industrial Services Deal Themes
Industrial services acquisitions in Illinois, United States reflect a mix of platform builds and bolt-on expansion—often aimed at widening service coverage, product reach, and geographic footprint across the Midwest.
Across recent deals, buyers range from industrial platforms backed by private equity (such as Apollo-managed funds, Nautic Partners, Palladium Equity Partners, Fort Point Capital, Platte River Equity, and Leonard Green & Partners) to operating industrial leaders like Pentair plc. Transaction themes commonly center on electrical contracting, distribution of industrial components, motive power batteries and services, environmental capabilities, and life safety/fire protection.
Several Illinois transactions also tie into critical infrastructure and utilities, including electrical construction and maintenance, wastewater systems and utility locating, and specialty valves and installation equipment for municipal and water utility customers—suggesting durable demand drivers for equipment, installation, and recurring maintenance services.
What Stands Out
- Central and Chicagoland Illinois show up repeatedly as deal locations and expansion targets, from Kankakee and Northbrook to Burr Ridge and Bedford Park.
- Platform and add-on strategy appears across subsectors: distribution (wire & cable), services (vacuum truck/hydro-excavation), and equipment + maintenance (fire protection; overhead doors/load docks).
- Utility-adjacent capabilities are a recurring thread, including electrical construction & safety systems, wastewater and pipe locating, and specialty insertion valves/line stop fittings.
- Industrial services buyers often add “field capability” alongside product or distribution, such as electricians supporting electrical construction or technicians supporting battery/charger rentals and services.
- Some deals broaden regional reach beyond Illinois—into nearby states—while keeping the operational footprint anchored in local offices (e.g., Greater St. Louis area, Chicagoland, and the wider Midwest).
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March 18, 2026
- Buyer
- Fortis Fire & Safety Inc.
- Target
- LaMarco Systems Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Fortis Fire & Safety Inc. announced it has acquired LaMarco Systems Inc., a provider of advanced fire alarm, security, and integrated building safety solutions. The acquisition expands Fortis’ reach into the Midwest and enhances its mission-critical life safety technology capabilities while keeping LaMarco operating from its Northbrook headquarters.
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February 18, 2026
- Buyer
- Flow Control Management
- Target
- Kingston Valve Co
- Seller
- Storm Manufacturing Group, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Flow Control Management (FCM) has announced the acquisition of Kingston Valve Co, a division of Storm Manufacturing Group, Inc. The Kingston operations will be integrated into FCM's Aquatrol division in Elburn, Illinois, expanding FCM’s safety valve offerings.
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February 17, 2026
- Buyer
- Wareing & Company
- Target
- Great Lakes Lifting Solutions
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Recapitalization
Wareing & Company, a Houston-based single family office, completed a recapitalization of Great Lakes Lifting Solutions, a provider of rental, sales and service of specialty lifting equipment. The partnership is intended to support fleet investment, geographic expansion and operational growth, with Steven Brooks continuing to lead the company.
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February 12, 2026
- Buyer
- The State Group Industrial (USA) Limited, Apollo (funds managed by Apollo Global Management)
- Target
- Ruder Electric, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
The State Group, a portfolio company of funds managed by Apollo, has acquired Ruder Electric, a Kankakee, Illinois-based electrical contractor. The add-on expands The State Group's footprint into central and northern Illinois and brings Ruder Electric's electrical construction, maintenance, fire, security, communications, utility, and safety systems capabilities (including over 100 union electricians) into the platform.
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February 10, 2026
- Buyer
- Global Water Technology, Inc.
- Target
- Brochem Industries, Inc.
- Seller
- Chuck Mihalov (mentioned as founder; remaining involved during transition)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Global Water Technology, Inc. (GWT) announced the acquisition of Brochem Industries, a private-label blender and manufacturer of water treatment chemicals serving independent and regional water treatment providers across the United States. The deal expands GWT’s Global Custom Solutions (GCS) platform and increases production capacity and operational efficiency at GWT’s Calumet City, Illinois facility.
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January 8, 2026
- Buyer
- LindFast Solutions Group (LSG)
- Target
- AZ Wire & Cable
- Seller
- MFG Partners
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
MFG Partners sold AZ Wire & Cable to LindFast Solutions Group (LSG), a Nautic Partners portfolio company. The transaction adds to LSG’s distribution and value-added services capabilities and is described as a successful outcome for both AZ and MFG, with financial terms undisclosed.
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December 16, 2025
- Buyer
- Alpine Power Systems
- Target
- Chicago Industrial Battery, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Alpine Power Systems has acquired Chicago Industrial Battery, Inc., a Chicagoland provider of motive power batteries, chargers, rentals and services founded in 2010 by Mark Calderini. The purchase expands Alpine's PowerMAX used and rental motive power battery and charger offerings and broadens the company's geographic presence in the Chicago region; Calderini will remain actively involved in the business.
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December 11, 2025
- Buyer
- Littelfuse, Inc.
- Target
- Basler Electric Company
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Littelfuse, Inc. announced a definitive agreement to acquire Basler Electric Company for approximately $350 million in cash (about $320 million net after expected tax benefits). The acquisition strengthens Littelfuse’s high-power controls and protection capabilities for mission-critical industrial markets including grid and utility infrastructure, power generation, and data centers. The transaction closed on December 11, 2025.
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November 15, 2025
- Buyer
- Superior Environmental Solutions, Palladium Equity Partners
- Target
- J&S Industrial Services
- Seller
- Bruce Kypta, Jennifer Yaros
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Superior Environmental Solutions (SES), a Palladium Equity Partners-backed industrial and environmental services platform, has acquired J&S Industrial Services, a Greater St. Louis-area provider of vacuum truck, hydro-excavation, hydroblasting and waste management services. The add-on expands SES's Midwest footprint and operational capacity across Missouri, Illinois and neighboring states to better serve industrial and infrastructure customers.
-
- Buyer
- VisuSewer, Fort Point Capital
- Target
- Sheridan Plumbing & Sewer, Accurate Locating Services
- Seller
- Beth Healy, George Vlahos
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
VisuSewer, a Fort Point Capital portfolio company, has acquired Sheridan Plumbing & Sewer and Accurate Locating Services, both based in Bedford Park, Illinois. The add-on bolsters VisuSewer's presence in the Greater Chicago region and expands its wastewater infrastructure, pipe cleaning/inspection, and utility locating capabilities.
-
September 9, 2025
- Buyer
- North Branch Capital
- Target
- Rabine Doors & Docks
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
North Branch Capital has completed an investment in Rabine Doors & Docks, a Chicago-area commercial door, dock and security services provider. The transaction closed on June 30, 2025 and North Branch will partner with management to expand RDD beyond the Chicagoland area into the broader Midwest.
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August 20, 2025
- Buyer
- EverMetal Holdings LP, GEF Capital Partners
- Target
- CAI Custom Alloys LLC
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
EverMetal Holdings LP, a newly formed equity platform backed by GEF Capital Partners, has acquired CAI Custom Alloys LLC, a Belvidere, Illinois-based processor of high-performance superalloy scrap. The acquisition launches EverMetal's U.S. critical metals recycling platform to scale domestic processing capacity for strategic metals serving aerospace, defense, power generation and technology markets.
-
- Buyer
- MES Life Safety, Platte River Equity
- Target
- Illini Fire Equipment, FESSI, Inc.
- Seller
- Amy Lewis (President and Co-Owner)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Platte River Equity–backed MES Life Safety has acquired two family-owned fire protection companies, Illini Fire Equipment and FESSI, Inc., expanding MES's footprint in the Central U.S. and adding capabilities in the fire and life safety segment. The acquisitions are add-ons to MES's platform under Platte River's ownership and will broaden MES's equipment distribution and recurring maintenance/testing services for fire protection customers.
-
- 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.
-
April 3, 2025
- Buyer
- DuraServ, Leonard Green & Partners
- Target
- Paul Reilly Company
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
DuraServ, a PE-backed provider of overhead door and loading dock equipment and services, has acquired Paul Reilly Company (PRC), which operates locations in Glendale Heights, Illinois, Mequon, Wisconsin, and Madison, Wisconsin. The acquisition expands DuraServ’s Midwest footprint and augments its installation, repair, and maintenance capabilities across the Chicago, Madison and Milwaukee areas.
-
- Buyer
- Kurz Industrial Solutions
- Target
- Endeavor Technologies, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Kurz Industrial Solutions has acquired Endeavor Technologies, Inc., a St. Charles, Illinois-based specialist in precision spindle and servomotor repair. The deal, which closed on March 7, 2025, was advised by Generational Group and is intended to deepen Kurz's industrial automation and advanced motor repair capabilities.
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- Buyer
- PremiStar
- Target
- Dahme Mechanical Industries, Inc. (HVAC services division)
- Seller
- Dahme Mechanical Industries, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
PremiStar has acquired the HVAC services division of Dahme Mechanical Industries, Inc., based in Countryside, Illinois. The deal moves the division's employees and commercial HVAC customers into PremiStar’s Frankfort, IL operations and expands PremiStar’s service capabilities in northern Illinois and northwest Indiana.
-
February 6, 2025
- Buyer
- Pye-Barker Fire & Safety
- Target
- Fire Science Techniques
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Pye-Barker Fire & Safety has acquired Fire Science Techniques, a Midwest fire protection and life safety services provider focused on commercial kitchens. The deal expands Pye-Barker’s service footprint across Illinois, Indiana and Wisconsin and brings Fire Science Techniques’ inspection, installation and extinguisher services into Pye-Barker’s national platform.
-
January 21, 2025
- Buyer
- EVI Industries, Inc.
- Target
- Haiges Machinery, Inc.
- Seller
- Robert Haiges and his family
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
EVI Industries, Inc. has executed a definitive agreement to acquire Haiges Machinery, Inc., a Huntley, Illinois-based distributor of commercial laundry equipment that also provides installation and maintenance services. Haiges Machinery will continue to operate under its existing name with all 25 current employees; the purchase will be paid in cash and is expected to be accretive to EVI's fiscal year ending June 30, 2025.
-
January 7, 2025
- Buyer
- Wolter Inc.
- Target
- Midway Industrial Equipment
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Wolter Inc., a Brookfield, Wisconsin-based material handling solutions provider, has acquired Midway Industrial Equipment, a full-service forklift and material handling dealer with locations in Sugar Grove and University Park, Illinois. The acquisition expands Wolter's product and service capabilities — including rentals, parts, and maintenance — and strengthens its presence in the Midwest.
-
November 7, 2024
- Buyer
- DSG
- Target
- Peoria Pump
- Seller
- Terry Cole (Owner of Peoria Pump)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
DSG acquired Peoria Pump in an asset purchase effective November 4, 2024, expanding DSG's operations into Illinois. Peoria Pump — a long-standing wholesale distributor of pumps, pipe and geothermal supplies with branches in Peoria and Rockford — will continue operating as Peoria Pump: A DSG Company during a transition with owner Terry Cole remaining through integration.
-
- Buyer
- Komline, SRM Equity Partners, Satori Capital
- Target
- Aerator Solutions
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Komline, a portfolio company of SRM Equity Partners and Satori Capital, has acquired Aerator Solutions in an add-on transaction that expands Komline's product offerings and capabilities in the water and wastewater treatment market. Aerator Solutions, a specialist provider of aerators and mixers for industrial and municipal wastewater operations, will join Komline's portfolio to bolster its aeration and mixing equipment lineup; terms were not disclosed.
-
October 4, 2024
- Buyer
- Federal Signal Corporation
- Target
- Standard Equipment Company
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Federal Signal Corporation completed the acquisition of substantially all assets and operations of Standard Equipment Company, a distributor of specialty maintenance and infrastructure equipment based in Elmhurst, Illinois. The deal closed Oct. 4, 2024, with an initial purchase price of $38.8 million plus a contingent earn-out of up to $4.8 million; Federal Signal said the acquisition expands its aftermarket parts, service, rental and used-equipment capabilities and footprint in Illinois and Indiana.
-
September 13, 2024
- Buyer
- Tadano Ltd.
- Target
- Manitex International, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Tadano Ltd. agreed to acquire Manitex International, Inc. in an all-cash transaction valued at $223 million ($5.80 per share). The deal was implemented via a reverse triangular merger and was expected to close in early Q1 2025, subject to shareholder and regulatory approvals.
-
September 4, 2024
- Buyer
- Pye-Barker Fire & Safety
- Target
- Phoenix Fire Systems, Basic Fire Protection, FESSCO
- Seller
- Kirk Humbrecht
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Pye-Barker Fire & Safety has acquired Phoenix Fire Systems — including Basic Fire Protection and FESSCO — expanding Pye-Barker's footprint into its 41st U.S. state and adding six locations across Illinois, Wisconsin, Kansas and Colorado. The deal brings specialized fire suppression, special hazards and vehicle fire suppression capabilities into Pye-Barker's national life-safety platform while keeping Phoenix Fire's local teams in place.
-
August 1, 2024
- Buyer
- Easy Ice, LLC
- Target
- High Standard Icemakers
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Easy Ice, LLC has acquired High Standard Icemakers, a Rockford-area commercial ice machine service provider, marking Easy Ice's eighth acquisition of 2024. The deal expands Easy Ice's presence in western Illinois and southern Wisconsin and will integrate High Standard's customers and employees into Easy Ice's managed ice machine rental platform.
-
March 15, 2024
- Buyer
- O6 Environmental
- Target
- Illini Environmental
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
O6 Environmental has acquired Illini Environmental, a non-hazardous waste processing and recycling facility based in Caseyville, Illinois. The acquisition expands O6’s waste treatment, transportation and recycling capabilities and strengthens its service footprint across the Midwest and broader U.S. markets.
-
January 22, 2024
- Buyer
- Lawson Products, Distribution Solutions Group, Inc. (DSG)
- Target
- Safety Supply Illinois LLC (DBA Emergent Safety Supply / ESS)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Distribution Solutions Group’s operating company, Lawson Products, completed the acquisition of Safety Supply Illinois LLC (DBA Emergent Safety Supply), a national safety products distributor headquartered in Batavia, Illinois. ESS generates approximately $13 million in annual sales and the acquisition expands Lawson’s safety product offering, strengthens technical expertise, and is expected to be accretive to DSG’s adjusted EBITDA; the transaction was funded from DSG's cash from operations.
-
January 9, 2024
- Buyer
- Mountaingate Capital, Damotech
- Target
- Mac Rak
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Denver-based private equity firm Mountaingate Capital made a strategic investment in Damotech to facilitate Damotech's combination with Lockport, Illinois-based Mac Rak. The transaction creates North America's leading rack safety specialist, combining engineering services, inspections, repair & protection products and a software platform to serve enterprise warehouse customers; the combined organization has roughly 200 employees across the United States and Canada.
-
January 8, 2024
- Buyer
- Shrieve Chemical Company, Gemspring Capital
- Target
- TLC Ingredients
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired TLC Ingredients, a Crest Hill, Illinois-based distributor of food ingredients, industrial chemicals, and phenolic resins. The add-on expands Shrieve's Midwest footprint and enhances its capabilities in the food ingredients and specialty industrial resins end-markets; terms were not disclosed.
-
December 31, 2023
- Buyer
- AFC Industries, Bertram Capital Management
- Target
- Chicago Industrial Fasteners, LLC
- Seller
- Chicago Industrial Fasteners, LLC, John Price, Cathy Price
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
AFC Industries, a portfolio company of Bertram Capital Management, has acquired Chicago Industrial Fasteners, a West Chicago, Illinois-based distributor of specialty and standard fasteners. Mazzone & Associates acted as exclusive financial advisor to Chicago Industrial Fasteners; the deal expands AFC's supply-chain capabilities and product offerings for OEMs across heavy truck, renewable energy, defense and automotive end markets.
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November 14, 2023
- Buyer
- American Roller Company, Hamilton Robinson Capital Partners
- Target
- PETCO Inc. (Polyurethane Engineering Techniques Co. Inc.)
- Seller
- Smith family
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
American Roller Company, a portfolio company of Hamilton Robinson Capital Partners, acquired PETCO Inc., a Lake Forest, Illinois-based urethane casting and roller specialist. The add-on expands American Roller's urethane casting capabilities and strengthens its Midwest presence; the seller is the Smith family.
-
- Buyer
- Belt Power, LLC, Platte River Equity
- Target
- Reliable Rubber, LLC
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Platte River Equity portfolio company Belt Power, LLC has acquired Chicago-based Reliable Rubber, LLC. The add-on expands Belt Power's Midwest footprint and fabrication capabilities, marking the firm's third bolt-on since Platte River's investment in Belt Power last year.
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October 20, 2023
- Buyer
- Acuren Inspection, Inc.
- Target
- Alloyweld Inspection Company, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Acuren Inspection, Inc. acquired Alloyweld Inspection Company, Inc., a two-location Illinois nondestructive testing (NDT) services provider; the transaction closed on September 13, 2023. Generational Equity advised Alloyweld on the sale — the deal brings Alloyweld’s specialized radiography and 3D CT capabilities into Acuren’s broader asset integrity and NDT platform to expand service capabilities for aerospace, medical device and industrial customers.
-
September 28, 2023
- Buyer
- PumpMan Holdings LLC (PumpMan)
- Target
- Flo-Systems, Inc.
- Seller
- Tom Caraker, Jr.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
PumpMan has acquired Flo-Systems, Inc., a Troy, Illinois-based provider of pump sales, service and repair for water and wastewater systems, to establish a presence in the St. Louis / Southern Illinois market. Flo-Systems will continue to operate from its Troy facility with its current staff and founder Tom Caraker, Jr. remaining as General Manager while PumpMan invests in facilities, equipment and human resources to support growth.
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September 26, 2023
- Buyer
- Triad Technologies, LLC, Shorehill Capital LLC
- Target
- Tech-Syn Corporation
- Seller
- Gary Manning (former President and owner of Tech-Syn)
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Triad Technologies, LLC completed the acquisition of Tech-Syn Corporation (effective March 31, 2023), expanding Triad's product offering and Midwest footprint. The transaction, executed by Vandalia, Ohio-based Triad (which is PE-backed by Shorehill Capital LLC), adds Tech-Syn's value-added sealing, O-ring and hose capabilities across locations in Bloomingdale and Rockford, Illinois and Milwaukee, Wisconsin.
-
August 1, 2023
- Buyer
- Keystone Capital Management, L.P.
- Target
- Identiti Resources, LLC
- Seller
- Sicher family, Michael Sicher, Zachary Sicher
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Growth capital
Keystone Capital Management completed an investment partnership with Identiti Resources, a national signage program management and facility services provider headquartered in Schaumburg, Illinois. The Sicher family (including Michael and Zachary Sicher) retained a significant ownership stake and will continue to lead the business while Keystone positions Identiti as a platform for buy-and-build growth in the signage and facilities services market.
-
- Buyer
- Apollo Funds
- Target
- Univar Solutions Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Apollo Funds, including a minority investment from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), will acquire Univar Solutions in an all-cash transaction valued at approximately $8.1 billion. Under the terms of the agreement, Univar shareholders will receive $36.15 per share, and Univar will become privately held after completion.
-
- Buyer
- Rixan Automation, LLC, Hunkar Technologies, Inc.
- Target
- Carlin Automation, Inc.
- Seller
- Pat Carlin (President), Tim Carlin (Vice President), Carlin Automation shareholders
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Rixan Automation, a subsidiary of Hunkar Technologies, has acquired Carlin Automation, Inc., a Rock Island, Illinois-based distributor and service provider for industrial temperature control and calibration. The transaction closed July 12, 2023; Carlin’s leadership (Pat and Tim Carlin) will remain with the business and clients are expected to gain expanded automation, system integration, and repair capabilities. Generational Equity advised on the sale.
-
June 15, 2023
- Buyer
- MiddleGround Capital, MiddleGround Carbon CV, L.P.
- Target
- A.M. Castle & Co. (Castle Metals), Banner Industries
- Seller
- High Street Capital
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
MiddleGround Capital has acquired A.M. Castle & Co. (Castle Metals) and, via a $440 million continuation vehicle (MiddleGround Carbon CV, L.P.), combined Castle with its Banner Industries platform to create a larger specialty metals distribution and processing platform. The transaction brings Castle's global metals processing and distribution footprint together with Banner's precision bar and medical metals capabilities to expand capabilities, geographic reach and end-market exposure in aerospace, industrial and medical sectors.
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June 7, 2023
- Buyer
- Holleway Capital
- Target
- Aladdin Steel
- Seller
- Gene Eschbacher
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Holleway Capital, a St. Louis-based private equity firm focused on Midwestern manufacturers and distributors, has acquired Aladdin Steel, a specialty carbon steel tubing and pipe distributor founded in 1976 and headquartered in Gillespie, Illinois. RKCA advised the sell-side; founder Gene Eschbacher, who became sole owner in 2009, was the selling party. The acquisition expands Holleway's exposure to regional industrial distribution and value‑added steel services.
-
May 2, 2023
- Buyer
- John Henry Foster Minnesota, Inc. (JHFOSTER)
- Target
- DevLinks Ltd
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
John Henry Foster Minnesota, Inc. (JHFOSTER) has acquired DevLinks Ltd, a privately held systems integrator specializing in automation and robotics solutions for the plastics industry. DevLinks will continue to operate from its Arlington Heights, Illinois headquarters and its president, Robert Devlin, will report to JHFOSTER CEO Nicholas W. Martino; the deal strengthens JHFOSTER's automation and integration capabilities as part of its recent roll-up activity.
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April 3, 2023
- Buyer
- Greif, Inc.
- Target
- Centurion Container LLC
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Greif, Inc. completed an all-cash transaction to increase its ownership in Centurion Container LLC from 9% to 80% for $145 million, funded through Greif's existing credit facility. Centurion, a North American leader in IBC and plastic drum reconditioning with eight U.S. facilities, will be reported within Greif's Global Industrial Packaging segment and expand Greif's reusable packaging and circular-economy capabilities in North America.
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February 8, 2023
- Buyer
- Blue Wolf Capital Partners
- Target
- Sterling Site Access Solutions
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Blue Wolf Capital Partners has acquired Sterling Site Access Solutions, a vertically integrated North American provider of temporary ground protection and site access services. Sterling, founded in 1949 and headquartered in Phoenix, Illinois with manufacturing in Phoenix, IL and Lufkin, TX, serves power transmission & distribution, civil infrastructure, and energy customers; Blue Wolf intends to expand the company's capabilities and accelerate growth. Terms were not disclosed.
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January 26, 2023
- Buyer
- Rental Equipment Investment Corp. (REIC), Kinderhook Industries, LLC
- Target
- Industrial Drying Solutions, LLC (IDS)
- Seller
- Power Rental Solutions, LLC
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Rental Equipment Investment Corp. (REIC), a portfolio company of Kinderhook Industries, has acquired Industrial Drying Solutions, LLC (IDS), a Franklin Park, Illinois-based provider of specialty rental equipment for heating, dehumidification and power. IDS was a subsidiary of Power Rental Solutions; the transaction is an add-on to REIC's specialty rental platform to expand geographic footprint and broaden its equipment offering in the restoration services market.
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January 9, 2023
- Buyer
- Triad Technologies, LLC, Shorehill Capital LLC
- Target
- Industrial Service Products, LLC
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
Triad Technologies, LLC completed the acquisition of Industrial Service Products, LLC (ISP) on December 30, 2022. The deal adds ISP’s custom fabricated hose, valves, fittings and related fluid-conveyance capabilities and strengthens Triad’s footprint in Illinois and Indiana; Triad is partnered with Shorehill Capital, the private equity sponsor.
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January 3, 2023
- Buyer
- GenServe, GenNx360 Capital Partners
- Target
- Illini Power Products, Gen-Power
- Seller
- Scott Harbaugh
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Addon
GenServe, a GenNx360 Capital Partners portfolio company, has acquired Illini Power Products and sister company Gen-Power, both based in Carol Stream, Illinois. The add-on expands GenServe's geographic footprint into the Chicago / Midwest market and brings the target leadership team (including former owner Scott Harbaugh) into GenServe to support growth.
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December 20, 2022
- Buyer
- Abry Partners
- Target
- Better Protection, Assurant Fire Protection, Complete Fire Pump Service, Xtreme Fire Protection
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Abry Partners has completed a majority strategic growth investment in Better Protection, a new commercial fire protection and life safety platform formed by combining Assurant Fire Protection, Complete Fire Pump Service, and Xtreme Fire Protection. The Chicago-headquartered platform, led by CEO Don Mershon and the founders of the constituent businesses, will use Abry's capital to support organic growth and execute a targeted acquisition strategy across the Midwest and Southeastern U.S.
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December 17, 2022
- Buyer
- Calvert Street Capital Partners, Kathi Holst, NewSpring Mezzanine, Southfield Mezzanine
- Target
- Traffic Safety (Traffic Safety Solutions Holdings, LLC), D2K Traffic Safety, Inc.
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
Calvert Street Capital Partners has made a control investment to form a new platform, Traffic Safety (Traffic Safety Solutions Holdings, LLC), by acquiring D2K Traffic Safety, Inc. The investment is alongside industry veteran Kathi Holst (who will serve as Operating Partner) and is supported with mezzanine financing from NewSpring Mezzanine and Southfield Mezzanine to fund growth and future add-on acquisitions.
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November 8, 2022
- Buyer
- Angeles Equity Partners, LLC (affiliate)
- Target
- Data Clean, LLC (Sterile Science)
- Seller
- Richard Hill, Dean Sirakides
- Industry
- Industrial Services
- Location
- Illinois, United States
- Type
- Buyout
An affiliate of Angeles Equity Partners has acquired Data Clean, LLC, a Des Plaines, Illinois–based provider of contamination control and decontamination services for data centers, cleanrooms and other critical environments. Angeles will partner with Data Clean's prior owners, Richard Hill and Dean Sirakides, who will retain an ownership stake as Angeles executes a buy-and-build strategy to consolidate the fragmented contamination-control services market.
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Frequently Asked Questions
What kinds of industrial services are being acquired in Illinois?
Recent Illinois acquisitions include electrical contracting, industrial wire & cable distribution, motive power battery and charger services, environmental services (e.g., vacuum truck/hydro-excavation), wastewater infrastructure support and utility locating, fire protection, and specialty industrial equipment and repair.
Which buyers are most active across these Illinois deals?
Recurring buyers in the Illinois deal list include Shorehill Capital LLC, Frontenac, Pentair plc, APPLIED Adhesives, Damotech, Mountaingate Capital, Pfingsten Partners, L.L.C., and Motion & Control Enterprises (MCE), alongside several deal-specific platform buyers such as The State Group, LindFast Solutions Group, Superior Environmental Solutions, VisuSewer, EverMetal Holdings, MES Life Safety, and Aramsco.
Are the acquisitions focused on equipment, services, or both?
Both. Many transactions combine recurring services and on-the-ground capabilities (installation, maintenance/testing, rentals, repair, and specialized field work) with equipment or distribution platforms.
Do these acquisitions mainly target Illinois-based companies?
Most recent transactions are tied to Illinois locations—such as Kankakee, Northbrook, Burr Ridge, Chicagoland/Greater Chicago, and Bedford Park—while some deals also emphasize expanding across neighboring states in the broader Midwest.