M&A Deal Summary

Industry Services Acquires Lonestar Sierra

On September 27, 2022, Industry Services acquired business services company Lonestar Sierra

Acquisition Highlights
  • This is Industry Services’ 5th transaction in the Business Services sector.
  • This is Industry Services’ 4th transaction in the United States.
  • This is Industry Services’ 1st transaction in California.

M&A Deal Summary

Date 2022-09-27
Target Lonestar Sierra
Sector Business Services
Buyer(s) Industry Services
Deal Type Add-on Acquisition

Target

Lonestar Sierra

Tehachapi, California, United States
Lonestar Sierra is a refractory solutions provider specializing in refractory maintenance, demolition, installation, castings and support services. Refractory services is the maintenance, repair and overhaul ("MRO") of industrial kilns and furnaces in manufacturing plants. Lonestar Sierra was founded in 2016 and is based in Tehachapi, California.

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Buyer(S) 1

Buyer

Industry Services

Theodore, Alabama, United States

Category Company
Founded 1964
Sector Business Services
DESCRIPTION

Industry Services is a provider of industrial maintenance services, including refractory kiln maintenance, mechanical equipment, parts maintenance, and field tank services. Industry Services was founded in 1964 and is based in Theodore, Alabama.


DEAL STATS #
Overall 5 of 5
Sector: Business Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-15 Oak Mountain Industries

Pittsburgh, Pennsylvania, United States

Oak Mountain Industries is a refractory solutions provider specializing in refractory maintenance, installation, and product selection and supply. Oak Mountain Industries is based Pittsburgh, Pennsylvania.

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