Associated tags: Entrepreneurship, AIP, Waste management, Recycling, Temperature
Locations: HOUSTON, IRELAND, VIRGINIA, US, ATLANTA, TEXAS, BA, NORTH AMERICA, NC, GEORGIA
Acquisition marks Celebrity Coaches' first bolt-on acquisition, expanding fleet size and clientele
Key Points:
- Acquisition marks Celebrity Coaches' first bolt-on acquisition, expanding fleet size and clientele
HOUSTON and NASHVILLE, Tenn., April 23, 2024 /PRNewswire/ -- Celebrity Coaches, LLC ("Celebrity"), a leading national provider of transportation and logistics for the live events and entertainment sector, has acquired Moonstruck Leasing LLC ("Moonstruck"), an entertainment coach leasing company based in Nashville.
- "We're excited to welcome Moonstruck to our growing enterprise," said Jeff Michael, CEO of Celebrity.
- Allied Industrial Partners LLC ("Allied"), an industrial-focused private equity firm, announced an investment in Celebrity earlier this year.
- Founded in 2019, Moonstruck Leasing has quickly earned recognition as a top-tier service provider and operator in the industry.
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Wednesday, April 17, 2024
RALEIGH, N.C., April 17, 2024 /PRNewswire/ -- Wall Recycling, LLC (the "Company" or "Wall Recycling"), a premier provider of waste and recycling solutions, today announced the sale of its scrap metal recycling operation (the "Scrap Metal Division") to Foss Recycling. The transaction allows Wall Recycling to strategically focus on its core integrated waste operations. Financial terms of the transaction were not disclosed.
Key Points:
- RALEIGH, N.C., April 17, 2024 /PRNewswire/ -- Wall Recycling, LLC (the "Company" or "Wall Recycling"), a premier provider of waste and recycling solutions, today announced the sale of its scrap metal recycling operation (the "Scrap Metal Division") to Foss Recycling.
- The transaction allows Wall Recycling to strategically focus on its core integrated waste operations.
- Dustin Hill, Chief Operating Officer of Wall Recycling, stated, "This transaction is a win-win.
- At the same time, we believe the Scrap Metal Division will continue to thrive under the new ownership of Foss Recycling, leveraging its expertise and resources to further expand its reach and capabilities for the benefit of its customers.
The acquisition was made through CES Power’s global division, CES Global LLC (“CES Global”), which acquired ABird/Apex from U.K. tool and equipment rental and services company HSS Hire Group Plc (LSE: HSS).
Key Points:
- The acquisition was made through CES Power’s global division, CES Global LLC (“CES Global”), which acquired ABird/Apex from U.K. tool and equipment rental and services company HSS Hire Group Plc (LSE: HSS).
- CES Power is backed by industrial-focused private equity firm Allied Industrial Partners (“Allied”).
- Greg Landa, CEO of CES Power, said, “CES Power entered the European market in 2023 and we continue to see strong demand for our unique service offering.
- “The demand for integrated service offerings for complex power, HVAC and technology solutions for use in industrial projects, live events, and entertainment continues to grow significantly across Europe and this acquisition positions CES Power to deliver for our high-quality customer base.”
HOUSTON and NASHVILLE, Tenn., March 21, 2024 (GLOBE NEWSWIRE) -- Allied Industrial Partners LLC (“Allied”), an industrial-focused private equity firm, today announced that it has made a strategic investment in Celebrity Coaches, LLC (“Celebrity Coaches” or the “Company”), a leading national provider of transportation and logistics for the live events and entertainment sector.
Key Points:
- HOUSTON and NASHVILLE, Tenn., March 21, 2024 (GLOBE NEWSWIRE) -- Allied Industrial Partners LLC (“Allied”), an industrial-focused private equity firm, today announced that it has made a strategic investment in Celebrity Coaches, LLC (“Celebrity Coaches” or the “Company”), a leading national provider of transportation and logistics for the live events and entertainment sector.
- Celebrity Coaches provides premium, white-glove services in connection with designing, fabricating, and leasing custom luxury motorcoaches for some of the most in-demand artists in the entertainment industry.
- “We are excited to partner with the Celebrity Coaches team to build a diversified and scaled platform focused on entertainment infrastructure services,” said Bradford Rossi and Philip Wright, Co-Founders and Managing Partners of Allied Industrial Partners.
- With our new partnership, we are poised to rapidly scale our operations and enhance our service offerings,” said Mr. Michael.
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Thursday, January 18, 2024
MEMPHIS, Tenn. and LONDON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- CES Power LLC (“CES Power” or “the Company”), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Fourth Generation, a provider of temporary power services to live events and the entertainment industry.
Key Points:
- MEMPHIS, Tenn. and LONDON, Jan. 18, 2024 (GLOBE NEWSWIRE) -- CES Power LLC (“CES Power” or “the Company”), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Fourth Generation, a provider of temporary power services to live events and the entertainment industry.
- Based in London, UK, Fourth Generation is a full-service provider of power generation equipment and services for premier live events worldwide.
- Fourth Generation will become part of CES Global, a division of CES Power focused on delivering seamless mobile power generation, distribution, and temperature control solutions worldwide.
- Together, CES Global and Fourth Generation will offer unmatched integrated global solutions to a growing client roster,” said Greg Landa, CEO of CES Power and CES Global.
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Moses Austin,
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Credit Suisse,
Entrepreneurship,
University,
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Financial adviser HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Allied Industrial Partners (“Allied” or “the Firm”), an operationally focused lower-middle market private equity firm based in Houston, today announced it has promoted Alex Rich from Managing Director to Partner.
Key Points:
- HOUSTON, Jan. 09, 2024 (GLOBE NEWSWIRE) -- Allied Industrial Partners (“Allied” or “the Firm”), an operationally focused lower-middle market private equity firm based in Houston, today announced it has promoted Alex Rich from Managing Director to Partner.
- The Firm currently has over $500 million of AUM and has made 21 acquisitions since its founding in 2019.
- “We are delighted to kick off 2024 by recognizing Alex and strengthening our team.
- Prior to joining Allied, Mr. Rich founded and managed several strategic and financial consulting companies that advised industrial businesses throughout North America.
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Thursday, January 4, 2024
ATLANTA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Waste Eliminator, the leader in sustainable waste solutions in the metro Atlanta area, announces the opening of its new state-of-the-art material recovery facility (MRF) located in Peachtree Corners, GA in the heart of the Atlanta metro area.
Key Points:
- ATLANTA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Waste Eliminator, the leader in sustainable waste solutions in the metro Atlanta area, announces the opening of its new state-of-the-art material recovery facility (MRF) located in Peachtree Corners, GA in the heart of the Atlanta metro area.
- With the opening of the new recycling facility, Waste Eliminator will increase its throughput capacity by 25%.
- “As the leading provider of sustainable waste solutions in the Atlanta market, Waste Eliminator is proud to partner with our corporate clients as they move towards a circular economy model," said Kacy Cronan, Chief Executive Officer at Waste Eliminator.
- “This new facility embodies the long-term vision of Waste Eliminator and will be a cornerstone for Atlanta’s sustainable vision ahead."
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Thursday, December 14, 2023
MEMPHIS, Tenn. and RALEIGH, N.C., Dec. 14, 2023 (GLOBE NEWSWIRE) -- CES Power LLC (“CES Power” or “the Company”), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Roundrock Technology (“Roundrock”), a provider of scalable IT services to the entertainment industry.
Key Points:
- MEMPHIS, Tenn. and RALEIGH, N.C., Dec. 14, 2023 (GLOBE NEWSWIRE) -- CES Power LLC (“CES Power” or “the Company”), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Roundrock Technology (“Roundrock”), a provider of scalable IT services to the entertainment industry.
- CES Power is backed by industrial-focused private equity firm Allied Industrial Partners (“Allied”).
- With the acquisition, Roundrock will become an integral part of CES Technologies, CES Power’s specialized technology division.
- Roundrock is the ninth significant acquisition for CES Power since Allied's acquisition in June 2021, with CES Power actively pursuing further strategic acquisitions.
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Tuesday, November 28, 2023
ATLANTA, Nov. 28, 2023 /PRNewswire/ -- Waste Eliminator LLC ("Waste Eliminator" or "the Company"), a leading regional provider of solid waste and recycling services for commercial and industrial waste, announced today that it has acquired North Georgia Roll Off ("North Georgia"). The strategic acquisition of North Georgia will provide Waste Eliminator with additional waste handling assets in the Atlanta market and increase the Company's recycling capabilities around its existing infrastructure. Terms of the transaction were not disclosed.
Key Points:
- ATLANTA, Nov. 28, 2023 /PRNewswire/ -- Waste Eliminator LLC ("Waste Eliminator" or "the Company"), a leading regional provider of solid waste and recycling services for commercial and industrial waste, announced today that it has acquired North Georgia Roll Off ("North Georgia").
- The strategic acquisition of North Georgia will provide Waste Eliminator with additional waste handling assets in the Atlanta market and increase the Company's recycling capabilities around its existing infrastructure.
- Kacy Cronan, CEO of Waste Eliminator, said, "We are very excited to add North Georgia Roll Off to the Waste Eliminator family.
- Waste Eliminator is backed by industrial-focused private equity firm Allied Industrial Partners ("Allied").
Retrieved on:
Tuesday, September 19, 2023
CES,
Atmosphere,
Expansion,
Temperature,
Acquisition,
ETP,
Sport,
Growth,
Entrepreneurship,
Retail,
Consumer electronics MEMPHIS, Tenn. and DUBLIN, Sept. 19, 2023 /PRNewswire/ -- CES Power LLC ("CES Power"), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Euro Touring Power ("ETP"), a premier provider of electrical equipment and air conditioning rental for touring productions throughout Europe. This acquisition expands CES Power's reach overseas, giving the company a new hub in Ireland with access to all of Europe. CES Power is backed by industrial-focused private equity firm Allied Industrial Partners ("Allied"). Terms of the transaction were not disclosed.
Key Points:
- In Conjunction with the Acquisition and Expansion into Europe, Company Launches New CES Global Division
MEMPHIS, Tenn. and DUBLIN, Sept. 19, 2023 /PRNewswire/ -- CES Power LLC ("CES Power"), a leading global provider of sustainable mobile power generation, distribution, and temperature control solutions for large events, today announced that it has acquired Euro Touring Power ("ETP"), a premier provider of electrical equipment and air conditioning rental for touring productions throughout Europe.
- CES Power is backed by industrial-focused private equity firm Allied Industrial Partners ("Allied").
- Euro Touring Power is CES Power's eighth acquisition since being acquired by Allied in June 2021, and the company will continue to seek further add-on acquisitions in areas of strategic interest.
- "CES Power has proven that its model can deliver reliable, seamless power and temperature control solutions to top tier event promoters anywhere in the world."
