CenterGate Capital has acquired Mid-State Industrial Maintenance, a provider of on-site and off-site industrial maintenance and repair services. Mid-State provides its industrial services to customers in the chemical processing, phosphate mining, power generation, and building products industries throughout the southeastern United States. The company currently employs more than 500 engineers and shop personnel that are…...
industrial maintenance
Centerbridge Exits Aquilex
Centerbridge Partners has sold its portfolio company Aquilex Specialty Repair and Overhaul (Aquilex SRO), a provider of industrial maintenance, repair and revitalization services, to AZZ for $250 million. The existing senior management team of Aquilex SRO has agreed to join the AZZ leadership team. Aquilex HydroChem LLC, a subsidiary of Aquilex SRO, is not part…...