M&A Deal Summary

Groome Industrial Service Group Acquires Explosive Professionals

On September 7, 2021, Groome Industrial Service Group acquired business services company Explosive Professionals

Acquisition Highlights
  • This is Groome Industrial Service Group’s 1st transaction in the Business Services sector.
  • This is Groome Industrial Service Group’s 1st transaction in the United States.
  • This is Groome Industrial Service Group’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2021-09-07
Target Explosive Professionals
Sector Business Services
Buyer(s) Groome Industrial Service Group
Deal Type Add-on Acquisition

Target

Explosive Professionals

Wurtland, Kentucky, United States
website
Explosive Professionals providing services across the U.S. specializes in industrial and HRSG cleaning, primarily conducting boiler cleaning and slag removal through the utilization of explosives. Explosive Professionals was founded in 1995 and is based in Wurtland, Kentucky.

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Buyer(S) 1

Buyer

Groome Industrial Service Group

Denville, New Jersey, United States

website


Category Company
Founded 1969
Sector Business Services
DESCRIPTION

Groome Industrial Service Group is a provider of industrial cleaning and maintenance services to customers in the natural gas-fired power generation, refinery, manufacturing, construction, marine, and aviation industries. Groome Industrial Service Group was founded in 1969 and is based in Denville, New Jersey.


DEAL STATS #
Overall 1 of 4
Sector (Business Services) 1 of 4
Type (Add-on Acquisition) 1 of 4
State (Kentucky) 1 of 2
Country (United States) 1 of 4
Year (2021) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-30 Expro Services

Wurtland, Kentucky, United States

Expro Services is a coalition of industrial cleaning service companies strategically located in three regions of the United States able to service its customers nationwide. Expro Services was founded in 1995 and is based in Wurtland, Kentucky.

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