The Jordan Company, a New York-based middle-market private equity firm, has acquired Industrial Service Group Holdings, a family of companies providing rotating equipment service, repair and distribution for multiple industries, from KCM Capital.
Formed by KCM in 2019 with Jim Richard, ISG services a diverse group of customers and end markets. During KCM’s ownership, the company made significant investments in its management team, sales and marketing efforts, product lines and internal operating systems resulting in an organic Ebitda CAGR of nearly 30 percent.
Stephens Inc. and Katten Muchin Rosenman LLP advised KCM and the company on the transaction.