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Center Rock Capital Partners closes single-asset continuation vehicle involving Power Services Group

Power Services Group

Power Services Group (PSG) is a leading independent provider of aftermarket services and parts for steam and gas turbines in the power generation, industrial and petrochemical markets. PSG offers turnkey field and repair services, parts manufacturing and engineering capabilities to utilities, independent power producers and industrial customers. PSG offers nationwide coverage through a strategically located network of facilities across the United States.

The Deal

Center Rock Capital Partners (Center Rock) closed a continuation vehicle for Power Services Group (PSG). The oversubscribed transaction was led by New 2ND Capital with significant reinvestment from both Center Rock and PSG management, reflecting their strong conviction in PSG.

Center Rock Capital Partners

Center Rock is a Midwest-based private equity firm (Chicago, IL and Bloomfield Hills, MI) focused on building leading industrial companies in the lower middle market. The firm has over $1.7 billion of assets under management as of December 31, 2025.

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