Key Takeaways
- Sector: Industrials.
- Geography: United States.
Analysis
Chicago, August 2025 – CORE Industrial Partners has announced the acquisition of IMMEC LLC and IMMEC Machine & Welding LLC, together known as IMMEC, a Georgia-based provider of maintenance, retrofit, and renovation services to industrial clients across the Southeastern United States.
Founded in 2002, IMMEC delivers on-site mechanical, electrical, automation, and fabrication services to sectors including transportation, pulp and paper, food processing, and municipal infrastructure. The company’s expertise includes crane and rigging support, systems integration for automated equipment, and plant modernization projects. IMMEC is headquartered in Social Circle, Georgia, with operational hubs near Atlanta.
The acquisition underscores CORE’s focus on scaling its industrial services platform through control equity investments in founder- and entrepreneur-owned businesses. Bruce Verge</strong, IMMEC’s founder and president, will remain with the company to lead its next growth phase, supported by CORE’s capital and operational expertise.
IMMEC operates in a rapidly expanding sector driven by aging infrastructure and increased outsourcing of facility maintenance and upgrade services. According to IBISWorld, the U.S. industrial maintenance services market is expected to continue its growth through 2028, fueled by rising demand for predictive maintenance technologies and industrial investment in the Southeastern U.S., particularly in the automotive, semiconductor, and clean energy manufacturing sectors.
The investment in IMMEC aligns with a string of similar transactions targeting industrial infrastructure specialists. In early 2025, Trilantic North America acquired HPS Mechanical, a California-based industrial plumbing and piping company. Onex Partners backed PowerGrid Solutions to expand high-voltage field services, while AEA Investors took a majority stake in PipeTech Services, citing growing demand for pipeline inspection and retrofit services.
CORE Industrial Partners currently manages over $1.5 billion in capital and invests in North American businesses with revenues up to $200 million and EBITDA up to $20 million. In February 2024, CORE closed two new funds: CORE Industrial Partners Fund III LP with $685 million, and CORE Industrial Services Fund I LP with $202 million. The IMMEC deal marks a significant step in deploying that capital toward platform expansion across mission-critical sectors.
With this latest acquisition, CORE strengthens its ability to offer integrated solutions for clients navigating infrastructure renewal, automation adoption, and operational efficiency, particularly in underserved industrial markets in the Southeastern United States