Equipment Rental & Dealers, Industrials | Mergers & Acquisitions

PSS Industrial Group Has Combined with Cross Country Infrastructure Services

TM Capital served as financial advisor to PSS Industrial Group Corp. (“PSSI”), a portfolio company of Marblegate Asset Management LLC, (“Marblegate”), in its combination with Cross Country Infrastructure Services Inc., (“Cross Country”) a portfolio company of Odyssey Investment Partners, LLC (“Odyssey”), to form PSS Cross Country Infrastructure Solutions

PSSI, headquartered in Houston, Texas, has approximately 33 locations throughout the United States and is a leading service provider and distributor offering solutions for the construction and maintenance of critical infrastructure

Marblegate is an alternative investment firm that works closely with investors and business partners to create value and achieve operational excellence

Cross Country, a portfolio company of Odyssey, is a leading provider of specialized construction equipment rental and consumable supply solutions serving critical infrastructure projects

TM Capital is a market leader in the equipment rental and dealer sectors, having completed 20 transactions since January 2021 with an aggregate value of over $3.1 billion while publishing authoritative industry research

Client Testimonial

We engaged TM Capital as our buyside advisor on PSS Industrial Group’s combination with Cross Country Infrastructure Services due to their expertise in the equipment rental sector. TM Capital supported the transaction with insights spanning nuanced rental diligence, growth, financing and legal workstreams. They were a valuable partner in this transaction, and we look forward to executing upon the exciting growth potential of the combined PSS Cross Country Infrastructure Solutions platform.*      
– Phillip Goodwin, Chief Executive Officer, PSS Industrial Group

*The above testimonial may not be representative of the experience of other clients and is no guarantee of future performance or success.