Capstone Partners advised PSS Industrial Group Corp.—a leading service provider and distributor of construction and maintenance solutions for critical infrastructure—on its combination with Cross Country Infrastructure Services Inc. to form PSS Cross Country Infrastructure Solutions. The transaction closed in February 2026, and terms of the deal were not disclosed.
PSSI is headquartered in Houston, Texas, and is a portfolio company of Marblegate, an alternative investment firm that works closely with investors and business partners. With approximately 33 locations throughout the United States, PSSI is a major supplier of maintenance, repair, and operations (MRO) items and material handling systems, serving the critical infrastructure and energy sectors. For more information on PSS Industrial Group and its combined platform, visit here.
We engaged [Capstone Partners] as our buyside advisor on PSS Industrial Group’s combination with Cross Country Infrastructure Services due to their expertise in the equipment rental sector. [Capstone] supported the transaction with insights spanning nuanced rental diligence, growth, financing, and legal workstreams. They were a valuable partner in this transaction, and we look forward to executing on the exciting growth potential of the combined PSS Cross Country Infrastructure Solutions platform.
The combination will offer a broader range of product applications, enhanced distribution, and equipment rental capabilities.
Cross Country, a portfolio company of Odyssey, is a leading provider of specialized construction equipment rental and consumable supply solutions serving critical infrastructure projects. For more information on Cross Country and its combined platform, view here.
The investment banking professionals on Capstone Partners’ dedicated Industrials Team work with leading middle market companies operating in the Equipment, Rental & Dealer market to advise with their strategic decision-making in order to maximize financial outcomes at every stage of the business lifecycle. Our firm has developed a full suite of corporate finance solutions, including M&A advisory, debt advisory, financial advisory, and equity capital financing, to help privately owned businesses and private equity firms address any need, ranging from growth and financial or operational advisement to an ultimate exit transaction. To learn more about this transaction, or about the benefits of starting a relationship with our Industrials Banking Team, contact us here.
