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PSS Industrial Group

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Year established

1987

Location

Houston TX US

Primary Industry

Logistics & Distribution

About

Based in Texas, US, and founded in 2011, PSS Industrial group operates as a supplier of products, services, and equipment for the oil and gas, energy, and industrial markets such as municipalities, construction, utilities, etc. PSS Industrial Group was formed by the merger of Pipeline Supply & Service and Industrial Air Tool. In May 2022, the company has raised USD 55 million in new equity capital. As of 2022, the company is led by its CEO Robert Workman. The firm offers products and services under various brands which include AirTech, Porta Lathe, Syntex Slings, etc. The industrial products offered by the firm include corrosion control, material handling, MRO supplies, pipeline equipment, power and hand tools, etc. The services offered by the firm include calibrations, material management, pneumatic pipeline cutting, safety services, etc. It also provides service and repair services to its clients.
Current Investors
Goldman Sachs Asset Management

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Primary Industry
Logistics & Distribution
Sub Industries
Industrial Wholesalers
Website
www.pssigroup.com/
Total Amount Raised
Subscriber access only

Deals

Deals Type
Secondary Buyout
Trade Sale
Add-on
Add-on
Recapitalisation
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed PSS Industrial Group 23 May 2022
Completed Industrial Air Tool 30 Jan 2014
Completed North State Supply Co., Inc. 23 Feb 2012
Completed Wasatch Supply & Barrel, Inc. 30 Sep 2011
Completed PSS Industrial Group 31 Dec 2010
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