PSS Industrial Group
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PSS Industrial Group - overview
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
Primary Industry
Logistics & Distribution
Sub Industries
Industrial Wholesalers
Website
www.pssigroup.com/
Total Amount Raised
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PSS Industrial Group - deals
| Deals Type | 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | PSS Industrial Group | - | ||||||||
| Trade Sale | Completed | Industrial Air Tool | - | ||||||||
| Add-on | Completed | North State Supply Co., Inc. | - | ||||||||
| Add-on | Completed | Wasatch Supply & Barrel, Inc. | - | ||||||||
| Recapitalisation | Completed | PSS Industrial Group | - |
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