American Securities Completes Significant Acquisition of Integrated Global Services for Future Growth

American Securities Completes Strategic Acquisition of Integrated Global Services, Inc.

On March 6, 2025, American Securities LLC, a prominent private equity firm based in the United States, announced the completion of its acquisition of Integrated Global Services, Inc. (IGS). This acquisition, which was finalized without disclosing financial terms, marks a significant milestone for American Securities as it continues to expand its reach and influence in the industrial sector.

Founded in 1975, Integrated Global Services is a leading provider of efficiency and reliability solutions tailored for the industrial, power generation, and energy sectors. Headquartered in Richmond, Virginia, IGS has a global footprint that spans over 70 countries and serves more than 500 clients. The company specializes in manufacturing and applying proprietary solutions designed to enhance asset integrity, reliability, and efficiency, while also promoting environmental sustainability.

Rich Crawford, the President and CEO of IGS, shared his enthusiasm about the acquisition, stating, "We are thrilled to partner with American Securities as we continue to build on the significant growth our team has achieved in recent years. Their industry expertise and resources make them the ideal partner, and we look forward to building on our momentum together in this next chapter."

Michael Sand, Managing Director at American Securities, expressed his admiration for IGS, stating, "We admire the special business that IGS management and employees have built and share Rich's conviction in the Company's growth prospects. We look forward to partnering with IGS's talented team to accelerate adoption of their unique custom solutions."

The acquisition is strategically positioned to support IGS's efforts to enhance its proprietary efficiency and reliability solutions, which are crucial in today's competitive industrial landscape. By leveraging American Securities' extensive resources and industry knowledge, IGS aims to propel its growth trajectory and increase the reach of its innovative services.

To ensure a smooth transition and strategic planning, several financial advisors played critical roles in this acquisition. Houlihan Lokey served as the lead financial advisor for IGS, with Stifel as the co-advisor. Legal support was provided by Jones Day for IGS, while Harris Williams handled the financial advisory role for American Securities, with Kirkland & Ellis offering legal advisory services.

American Securities, with offices in New York and Shanghai, specializes in investing in leading North American companies with revenues typically ranging between $200 million and $2 billion. With more than $23 billion under management, the firm's expertise and commitment to its investment portfolio is reflected in strategic acquisitions like that of Integrated Global Services.

Integrated Global Services continues to position itself as an industry leader beyond merely providing surface protection solutions. With over 35 years of experience in resolving challenges related to metal wastage, reliability issues, and energy efficiency in critical equipment, IGS remains dedicated to developing effective solutions even in the most challenging operating environments.

For more information about American Securities and its investments, visit www.american-securities.com, and to learn about Integrated Global Services, head to integratedglobal.com. Follow them on social media platforms like LinkedIn, X, YouTube, and Facebook to stay updated on their latest developments.

In conclusion, the partnership between American Securities and IGS hints at a promising future for both parties as they work together to enhance efficiency and sustainability across their industries. This acquisition not only highlights the growing importance of reliability solutions in today’s marketplace but also sets the stage for innovative approaches to industry challenges ahead.