Company Overview

Provider of products, parts, and maintenance, repair, and overhaul (“MRO”) services for marine, power generation, commercial, and industrial equipment applications.

Investment Status

Active.  Seeking add-on acquisitions to expand technical capabilities, enhance geographic reach, and penetrate additional end markets.

Transaction Overview

Recapitalization of the company. The owners and management team invested in the transaction alongside MPE.

Investment Thesis
  • Industry-leading provider of products, parts, and MRO services for mission critical marine, power generation, commercial, and industrial equipment applications
  • Compelling industry fundamentals including an aging installed base of complex power generation applications that require service by highly skilled technicians to maintain optimal performance and functionality
  • Continue to invest in engineering, technical, and commercial resources to scale the business
  • Pursue complementary acquisitions to expand geographic reach, increase technical proficiency, and expand channel relationships
MPE Partners Contacts: Joe Machado, Matt Yohe and Brendan Newman
Fort Lauderdale, FL and Vancouver, WA
Industrial Services
Transaction Type:
Leveraged Recapitalization
Investment Year:
2021 (MSHS); 2022 (PPG)
MPE Partners II, L.P.