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  6. Blue Wolf Performance Solutions Acquires Reliable Industrial Group

M&A Deal Summary

Blue Wolf Performance Solutions Acquires Reliable Industrial Group

On April 12, 2022, Blue Wolf Performance Solutions acquired business services company Reliable Industrial Group

Acquisition Highlights
  • This is Blue Wolf Performance Solutions’ 2nd transaction in the Business Services sector.
  • This is Blue Wolf Performance Solutions’ 2nd transaction in the United States.
  • This is Blue Wolf Performance Solutions’ 2nd transaction in Texas.

M&A Deal Summary
Date 2022-04-12
Target Reliable Industrial Group
Sector Business Services
Buyer(s) Blue Wolf Performance Solutions
Deal Type Add-on Acquisition

Target

Reliable Industrial Group

Houston, Texas, United States
Reliable Industrial Group performs technically advanced, highly specialized industrial pre-commission engineering, cleaning, lube oil flushing, chemical cleaning, varnish mitigation, steam and air blowing, hydro testing, line drying, and other emergency decontamination services to guarantee system cleanliness on a critical turbine, compressor and hydraulic systems in North America. RIG serves customers across the power, petrochemical, refining, infrastructure, and industrial manufacturing end markets. Reliable Industrial Group was formed in 1989 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Blue Wolf Performance Solutions

Hingham, Massachusetts, United States
Category Company
Founded 2021
Sector Business Services
DESCRIPTION

Blue Wolf Performance Solutions provides industrial cleaning services to a national market of power generation, petrochemical, food & beverage, public facility, data centers, and a variety of other end markets. Blue Wolf Performance Solutions was founded in 2021 and is based in Hingham, Massachusetts.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Texas M&A 2 of 2
Country: United States M&A 2 of 2
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-08 Aqua Drill International

Dickinson, Texas, United States

Aqua Drill International is a technology driven, industrial cleaning service provider offering specialized cleaning solutions. Aqua Drill's proprietary technologies are developed and designed in-house and provide effective, environmentally friendly methods to maintain and improve critical asset life, minimize down time, restore production capacity, and prepare new assets for installation. Aqua Drill International was founded in 1992 and is based in Dickinson, Texas.

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