ConTeras Industrial Group Acquires Performance Insulation Contractors
Deal News | Apr 14, 2025 | Midwest Growth Partners
ConTeras Industrial Group, a portfolio company of Midwest Growth Partners, has completed the acquisition of Performance Insulation Contractors (PIC). This acquisition represents a strategic expansion by ConTeras Industrial Group, aiming to enhance its capabilities and market reach within the industrial services sector. The deal is part of Midwest Growth Partners' ongoing strategy to grow its portfolio companies and deliver stronger market positions.
Sectors
- Industrial Services
- Private Equity
- Construction
Geography
- United States – ConTeras Industrial Group and Midwest Growth Partners are based in the U.S., where the acquisition took place.
Industry
- Industrial Services – ConTeras Industrial Group operates within the industrial services sector, providing key services to various industries.
- Private Equity – Midwest Growth Partners is a private equity firm that invests in and helps grow portfolio companies like ConTeras Industrial Group.
- Construction – Performance Insulation Contractors operates within the construction sector, providing insulation services.
Financials
- – The financial details of the acquisition have not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ConTeras Industrial Group | Acquirer | Company | A portfolio company of Midwest Growth Partners, specializing in industrial services. |
| Performance Insulation Contractors | Target | Company | A company providing insulation services, recently acquired by ConTeras Industrial Group. |
| Midwest Growth Partners | Private Equity Firm | Company | A private equity firm that invests in growing companies, including ConTeras Industrial Group. |