Industrial Service Solutions (ISS), an industrial maintenance and repair organization (MRO) provider based in the United States, has completed the acquisition of Mechanical Services & Hydraulics Systems (MSHS) and Pacific Power Group (PPG). The transaction closed on February 10, 2026.

Deal-at-a-glance
Acquirer:Industrial Service Solutions (ISS)
Target:Mechanical Services & Hydraulics Systems (MSHS), Pacific Power Group (PPG)
Value:Undisclosed
Type:Acquisition
Closed date:February 10, 2026
Sell-side advisor:Citizens Capital Markets & Advisory
Sell-side legal counsel:BakerHostetler

The acquisition is part of ISS's strategic initiative to expand its portfolio and capabilities in the MRO solutions market. PPG specializes in power generation, energy infrastructure, and industrial water treatment, while MSHS provides mechanical services including hydraulics systems.

Strategic Rationale

The acquisition aims to strengthen ISS's offerings in critical maintenance areas such as hydraulic solutions and power generation, enhancing its ability to serve clients across various industries. The move is expected to bolster ISS's position within the competitive MRO sector by broadening its service range.

Financial Context

The financial terms of the deal have not been disclosed. However, given the growth trajectory and market dynamics in the industrial goods sector, the acquisition is likely intended to drive long-term shareholder value through increased operational efficiency and expanded service offerings.

Advisors

Citizens Capital Markets & Advisory served as financial advisor to MSHS and PPG. Legal counsel for the sellers was provided by BakerHostetler.

Outlook

ISS is poised to leverage the combined strengths of both companies to enhance its service portfolio, thereby securing a more robust market presence in the industrial goods sector. The integration process will focus on aligning operational strategies and expanding client reach across North America.