M&A Deal Summary

Industrial Service Solutions Acquires Precision Electric

On August 12, 2014, Industrial Service Solutions acquired machinery company Precision Electric

Acquisition Highlights
  • This is Industrial Service Solutions’ 2nd transaction in the Machinery sector.
  • This is Industrial Service Solutions’ 5th transaction in the United States.
  • This is Industrial Service Solutions’ 1st transaction in Arizona.

M&A Deal Summary
Date 2014-08-12
Target Precision Electric
Sector Machinery
Buyer(s) Industrial Service Solutions
Deal Type Add-on Acquisition
Advisor(s) Greene Holcomb & Fisher LLC (Financial)

Target

Precision Electric

Phoenix, Arizona, United States
Precision Electric Company (PEC) sells, services, and repairs all makes and models of electric motors, pumps, controls, adjustable speed drives and other related equipment.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Industrial Service Solutions

Houston, Texas, United States
Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Industrial Service Solutions is a provider of industrial field services, repair, and refurbishment of equipment found in most industrial and manufacturing facilities in North America. Industrial Service Solutions was founded in 2007 and is based in Houston, Texas.

DEAL STATS #
Overall 5 of 24
Sector (Machinery) 2 of 5
Type (Add-on Acquisition) 5 of 23
State (Arizona) 1 of 1
Country (United States) 5 of 24
Year (2014) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-01 Parts Services International

Westfield, Massachusetts, United States

PSI is a distributor of compressed air aftermarket parts, filters, separators, dryers and other equipment via the internet.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-31 Integrated Process Technologies

Devens, Massachusetts, United States

IPT distributes valves, actuators, pumps, cryogenics, controls, filtration systems, chemical storage systems and a variety of other process equipment. The company also provides value-added services including in-house engineering, shop assembly and testing capabilities.

Buy -
Mergr

Product

Company

Legal