M&A Deal Summary

Mid-State Industrial Maintenance Acquires AZZ SMS

On October 26, 2020, Mid-State Industrial Maintenance acquired business services company AZZ SMS from AZZ

Acquisition Highlights
  • This is Mid-State Industrial Maintenance’s 1st transaction in the Business Services sector.
  • This is Mid-State Industrial Maintenance’s 2nd transaction in the United States.
  • This is Mid-State Industrial Maintenance’s 2nd transaction in Florida.

M&A Deal Summary

Date 2020-10-26
Target AZZ SMS
Sector Business Services
Buyer(s) Mid-State Industrial Maintenance
Sellers(s) AZZ
Deal Type Divestiture

Target

AZZ SMS

St. Petersburg, Florida, United States
AZZ SMS LLC is a mechanical contractor that provides field services with a 26,155 square foot facility located in St. Petersburg, Florida.

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Buyer(S) 1

Buyer

Mid-State Industrial Maintenance

Lakeland, Florida, United States

website


Category Company
Founded 1973
Sector Business Services
DESCRIPTION
Mid-State's headquarters in Lakeland, Florida.
Mid-State's headquarters in Lakeland, Florida.

Mid-State Industrial Maintenance is a provider of on-site and off-site industrial maintenance and service solutions. Mid-State serves as an outsourced maintenance and repair services provider to customers in the chemical processing, phosphate mining, power generation, and building products industries throughout the southeastern United States. Mid-State Industrial Maintenance was founded in 1973 and is based in Lakeland, Florida.


DEAL STATS #
Overall 2 of 4
Sector (Business Services) 1 of 2
Type (Divestiture) 1 of 1
State (Florida) 2 of 2
Country (United States) 2 of 4
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-08 International Machine & Welding

Bartow, Florida, United States

International Machine and Welding, Inc. is a Mechanical or Industrial Engineering company provides specialized machining, repair, remanufacturing, and part sales services for heavy equipment located in Bartow, Florida, United States.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-25 Mine Equipment & Design

Cleves, Ohio, United States

Mine Equipment & Design LLC provides a wide range of services including but not limited to, Project financial evaluations, Quality Control qualification/compliance planning, Plant flow production analysis along with the fundamentals of design, equipment selection, erection & commissioning. Mine Equipment & Design LLC is based in Cleves, Ohio.

Buy -

Seller(S) 1

SELLER

AZZ

Fort Worth, Texas, United States

website


Category Company
Founded 1956
Sector Electrical Equipment
Employees3,885
Revenue 903M USD (2022)
DESCRIPTION
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.
Entrance to AZZ's corporate headquarters in Fort Worth, Texas.

AZZ is a specialty electrical equipment manufacturer serving the global markets of industrial, power generation, transmission and distributions, as well as a provider of hot dip galvanizing services to the North American steel fabrication market. AZZ was founded in 1956 and is based in Fort Worth, Texas.


DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 3 of 3
State (Florida) 1 of 1
Country (United States) 3 of 3
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-21 AZZ - Galvabar Business

Catoosa, Oklahoma, United States

AZZ's Galvabar Business is galvanized rebar with a zinc alloy coating that provides both superior corrosion protection and exceptional post-fabrication formability. GalvaBar can be fabricated without special equipment and gives control of product flow and customer service. GalvaBar utilizes the existing supply chains while providing superior customer service and availability.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-04 Acme Galvanizing

Milwaukee, Wisconsin, United States

Acme Galvanizing, Inc. is a provider of state-of-the-art zinc coating processes that include electroplating and hot dip galvanizing. Acme operates a quality management system that is ISO 9001-2015 certified. Acme Galvanizing was founded in 1919 and is based in Milwaukee, Wisconsin.

Buy -