PE Tech Report


Like this article?

Sign up to our free newsletter

CenterGate Capital partners with Mid-State Industrial Maintenance

An affiliate of CenterGate Capital (CenterGate), an Austin-based private equity investment firm, has made an investment in Mid-State Industrial Maintenance (Mid-State), a provider of on-site and off-site industrial maintenance and service solutions.

Established in 1973 and headquartered in Lakeland, Florida, Mid-State serves a wide customer base across the southeastern United States, spanning the chemical processing, phosphate mining, power generation, and building products industries. CEO Jeff Clyne will continue to lead Mid-State and serve on its Board of Directors.
“We are excited about our partnership with CenterGate and what it means for our employees and customers,” says Clyne. “CenterGate’s investment will provide us the capital and strategic resources to continue to grow our capability set and geographic reach.”
Tim Liu, Managing Director at CenterGate Capital, adds: “We are excited to partner with Jeff and the entire Mid-State team. The management team has an impressive track record of success, and we look forward to working with the team to continue that growth. Mid-State has a reputation for the highest levels of safety, service, and quality, which uniquely positions the company to be successful.”

Like this article? Sign up to our free newsletter




Blackstone Private Equity