PE Gate and co-investors acquire an 80% stake in an industrial services provider specializing in high-temperature equipment maintenance, targeting a 30% IRR through strategic growth initiatives.

Target Company Overview

The target company is a well-established industrial services provider that specializes in the installation and maintenance of high-temperature equipment, such as kilns, incinerators, and furnaces. With over a decade of operational history, the business has built a solid reputation within essential sectors, including cement, steel, power generation, and waste management. These industries are characterized by consistent demand and limited supplier competition, making the target well-positioned for stability and growth.

Operating in a niche market that is heavily regulated, the company benefits from significant barriers to entry. This results in a solid customer base that relies on recurring maintenance work across various industries, ensuring robust revenue streams.

Industry Overview in Canada

The industrial services sector in Canada is marked by a strong demand for high-temperature equipment maintenance and installation. As industries like cement and steel production continue to