Announced
Completed
Synopsis
PSS Industrial Group, a service provider and distributor offering solutions for the construction and maintenance of critical infrastructure, and Cross Country Infrastructure Services, a specialized equipment rental and supply company, formed PSS Cross Country Infrastructure Solutions, a national integrated provider of equipment, supplies, and technical services for North America's critical infrastructure markets. Financial terms were not disclosed. "This combination is an opportunity to build on the tremendous success of our teams and establish a truly national player for infrastructure solutions. The demand for energy and infrastructure has never been greater. This transaction is about scaling the resources available to our customers and staff, so they are even better positioned to support America's critical infrastructure needs. Our success has always been driven by our people, whose dedication and integrity supports the communities we work in and around, and that passion for service will always be at the core of what we do," Phillip Goodwin, PSS Industrial Group CEO.
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