M&A Deal Summary

Center Rock Capital Partners Acquires Power Plant Services

On June 30, 2021, private equity firm Center Rock Capital Partners acquired energy services and equipment company Power Plant Services

Acquisition Highlights
  • This is Center Rock Capital Partners’ 1st transaction in the Energy Services and Equipment sector.
  • This is Center Rock Capital Partners’ 8th transaction in the United States.
  • This is Center Rock Capital Partners’ 1st transaction in Illinois.

M&A Deal Summary
Date 2021-06-30
Target Power Plant Services
Sector Energy Services and Equipment
Buyer(s) Center Rock Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Power Plant Services

Melrose Park, Illinois, United States
Power Plant Services is a provider of aftermarket turbine components and turnkey MRO services for the global power generation and general industrials markets. The Company serves utility, independent power producers, and industrial plant customers domestic and internationally. PPS’s core product and service offering include quick turn component manufacturing, shop repairs, field services, field machining, and engineering services for turbines, other power generation, and balance of plant equipment. Power Plant Services is based in Melrose Park, Illinois.

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Buyer(S) 1

Buyer

Center Rock Capital Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2017
Size Middle-Market
Type Sector Focused
DESCRIPTION

Center Rock Partners is a private investment group focused on investing in middle-market industrial companies headquartered in North America that serve domestic and global markets. The Firm generally pursues companies with $50 to $500 million in revenue and up to $50 million of EBITDA. Specific areas of interest include Industrial manufacturing, industrial distribution and industrial services. Center Rock Capital Partners was formed in 2017 and is headquartered in Chicago, Illinois.

DEAL STATS #
Overall 8 of 9
Sector (Energy Services and Equipment) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 2 of 2
State (Illinois) 1 of 1
Country (United States) 8 of 9
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Flanders

Evansville, Indiana, United States

Flanders is a provider of electrical motor and component services, and automation and control systems for heavy industrial applications. The Company serves mining, mills, general industrial, power & utilities, oil & gas, and marine customers from its 17 locations across 5 continents.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-11 Power Services Group

Cape Coral, Florida, United States

Power Services Group is an independent provider of highly technical turbine generator maintenance, repair and overhaul services primarily serving the power, industrial and petrochemical markets. Power Services Group is based in Cape Coral, Florida.

Buy -
Mergr

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