Translink Corporate Finance announced the sale of Swinton Technology, a market leader in metering supervisory systems and measurement expertise in the oil & gas industry, to Sensia, an automation specialist in oil & gas production, transportation and processing.
Translink Corporate Finance in Spain advised NOPS-PFI, S.L., 50% shareholders of Circutor on its sale to Grup Comellas i Cabeza, a Spanish holding company belonging to the Comellas family. The deal was closed on February 23rd, 2022.
EIS Holdings, a portfolio company of O2 Investment Partners, today announced an investment in Maryland-based Potomac Abatement. Potomac Abatement is one of the leading environmental remediation and abatement firms in the Mid-Atlantic, particularly the Baltimore-Washington metro area and Northern Virginia. Translink acted as advisor to the buyer.
Solve Industrial Motion Group (“Solve”), a portfolio company of Audax Private Equity, has acquired SST Bearing Corporation (“SST Bearings”), a worldwide supplier and manufacturer of bearings and power transmission components.
Industrial Flow Solutions LLC (“IFS”) a US-based leading provider of industrial pumping solutions and a portfolio company of Chicago-based private equity group May River Capital, has acquired 100% of Dreno Pompe S.r.l. (“Dreno”) an Italy-based business specializing in electrical submersible pumps for industrial, municipal, and residential wastewater applications.
Cal Micro Recycling is an integrated commercial recycler of e-waste, glass, and mattresses. Permitted by California’s Department of Resources Recycling and Recovery (CalRecycle) and Department of Toxic Substances Control (DTSC), the company strictly adheres to State and Federal regulations and provides superior customer service to its state and industrial customers.
Mid-State Industrial Maintenance (“Mid-State”), a portfolio company of CenterGate Capital, announced that it has further expanded its field and shop capabilities with the acquisition of Elmco Industrial Services (“Elmco”). Headquartered in Van Wert, Ohio, Elmco is a mechanical shop and field services provider to the aggregate, grain, powdered metals, food processing, and general industrial and manufacturing industries. Mid-State and Elmco serve similar end markets with a focus on safety, superior service, and strong long-term customer relationships. Rob Moser, COO of Elmco, commented, “It makes me very proud that Elmco will be partnering with Mid-State. Elmco has grown significantly, and I believe that growth will be accelerated by benefiting from Mid-State’s added resources and capabilities. The transition will present Elmco with many exciting opportunities, both for our employees and our customers.” Mid-State CEO Shawn Toney added, “The acquisition of Elmco contributes towards our vision of providing our customers with the best solution based industrial services available. With the combination of these two great companies, this marks an important milestone for Mid-State as we continue to grow geographic reach for our customers. Our team is truly excited to welcome Elmco employees to the Mid-State family of companies.” Translink Corporate Finance’s partner in the US, Dinan & Company LLC, acted as the advisor to Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital.
About Mid-State Industrial Maintenance
Founded in 1973, Mid-State Industrial Maintenance is a leading provider of on-site and off-site industrial maintenance and service solutions. Headquartered in Lakeland, Florida, Mid-State serves as an outsourced maintenance and repair services provider to customers in the chemical processing, phosphate mining, power generation, building products, and aggregates industries throughout the United States.
About Elmco Industrial Services
Founded in 1998, Elmco provides mechanical shop and field services to commercial and industrial customers across the country. Headquartered in Van Wert, Ohio, Elmco serves a variety of industries including stone quarriers, grain handling, food processing, machining, manufacturing, recycling facilities, and others. Elmco provides shop services from a 30,000 sq. ft facility. Elmco’s dispatch team services companies across the U.S., and internationally, including China, Honduras, Canada, Mexico, and England.
About CenterGate Capital
CenterGate Capital is an Austin, Texas based private equity firm focused on partnering with lower middle market companies with the potential to achieve transformational growth through operational and strategic development. CenterGate brings a balance of financial and operational experience and strategic insight to assist management in driving long-term sustainable growth.
Dinan & Company, LLC is the partner firm of Translink Corporate Finance in the United States. It is a leading diversified financial services company with over 32 years of advisory and merchant banking experience dedicated to middle-market transactions.
Translink Corporate Finance in Finland, a world leader in specialised mid-market corporate financial advisory services, acted as the certified advisor for Norrhydro Group Plc, in its initial public offering (IPO) on Nasdaq First North Growth Market Finland. It’s anticipated Norrhydro’s growth will be based on its innovative digital solutions, which contributed to what has been cited as one of the most popular IPOs in recent years in Finland.
Electric Power Systems (EPS), one of the largest and fastest growing companies in the independent power system testing and engineering industry, has acquired H.A.R.T. High Voltage Apparatus Repair and Testing Co (HART).
Therma Holdings (“Therma”) today announced that the leading mechanical contractor in Arizona, Bel-Aire Mechanical (“Bel-Aire”) has joined Therma.
