Post-close · Industrial Services

Industrial Services Platform & Add-On Integration: An Independent Sponsor's Counsel

When the deal is industrial services and the question is Platform & Add-On Integration, the structure decisions in the first 30 days outlast the next five years. This is where Jason Powell works.

EV range $10M to $130M EV EBITDA $3M to $22M Audience Independent Sponsor
The deal context

Platform & Add-On Integration on industrial services deals is one of those workstreams that looks routine on a checklist and decides outcomes in practice.

The typical industrial services platform sits at $10M to $130M EV with EBITDA in the $3M to $22M range. The thesis runs on regional consolidation of plant maintenance, specialty contracting, or rentals. An EMR over 1.0 will cost you a half-turn at close unless you fix the story upfront.

The moves

How Platform & Add-On Integration actually gets structured.

  1. Plan integration sequencing in the 100-day plan, with clear go-live dates.

  2. Map customer contracts, vendor relationships, and employee benefits for transfer.

  3. Update the platform's operating agreement to reflect new add-on equity and governance.

  4. Coordinate insurance program consolidation across platform and add-on entities.

  5. In industrial services, layer in MSA renewal calendar mapped pre-LOI as part of the Platform & Add-On Integration workstream.

The common mistake

Leaving the add-on as a parallel entity. The synergies live in the integration, not the addition.

Jason's take
"Integration is when the multiple actually expands. Plan it as a deal, not an aftermath."
Jason Powell · Platform & Add-On Integration
Capital after close

The deal is one thing. The capital that opens up after close is another.

After close, the call list for refinancing, recapitalization, and growth equity gets short and known. Jason carries that list.

MONTH 18
Senior refi
MONTH 24
Dividend recap
MONTH 36
Growth equity
YEAR 4–5
Strategic exit
ENGAGE THE PRACTICE

Platform & Add-On Integration for Industrial Services, on independent sponsor terms.

Independent sponsor counsel that already speaks fluent deal-by-deal economics, structures clean LPAs, and travels with capital markets relationships for what comes after close.