MEI Industrial Solutions Acquires Industrial Transfer & Storage, Expanding Regional Strength and National Reach

DALLAS, July 8, 2025 /PRNewswire/ -- MEI Industrial Solutions, a leading provider of rigging, machinery moving, industrial storage, millwrighting, crating, and export packaging, and specialized transportation services across the nation, is excited to announce the acquisition of Industrial Transfer & Storage, LLC (ITS), a highly respected industrial services company based in Southbridge, Mass.

Founded in 1905 and known for its deep expertise in plant relocations, machinery moving, and steel fabrication, ITS brings over a century of experience and a trusted reputation across New England. With strong market presence in both Massachusetts and Rhode Island, ITS represents a strategic complement to MEI's growing national platform.

"The acquisition of ITS reinforces MEI's commitment to delivering unmatched industrial service capabilities across the United States," said Doug Dayton, CEO of MEI Industrial Solutions. "Their legacy, customer relationships, and culture of integrity and safety align seamlessly with our values. Together, we're positioned to serve clients with expanded reach, deeper resources, and best-in-class execution."

This acquisition delivers several important strategic benefits for MEI Industrial Solutions. First, it significantly expands MEI's geographic footprint in the Northeast by establishing a strong operational presence in both Massachusetts and its first presence in Rhode Island — a region that is critical to supporting the company's national industrial clients. ITS brings with it a highly skilled workforce and a proven leadership team, including President Eric Cooley, all of whom will remain in place to ensure operational continuity and sustained customer satisfaction.

In addition to strengthening MEI's regional capabilities, the acquisition deepens the company's relationships with blue-chip customers across defense, manufacturing, and pharmaceutical sectors. The integration of ITS also enhances MEI's service portfolio, adding custom steel sales, fabrication capabilities, and specialized storage services throughout multiple warehouse locations. Altogether, the acquisition supports MEI's long-term strategy of delivering end-to-end, turnkey industrial solutions on a national scale with local expertise.

"We're proud to join the MEI family," said Eric Cooley, President of ITS. "At ITS, just like at MEI, our employees and our customers are at the heart of everything we do. This shared commitment to customer value is what drives our collaboration forward."

This acquisition marks another key milestone in MEI's growth strategy, focused on expanding geographic coverage, enhancing service depth, and reinforcing its position as a leader in industrial project execution.

ABOUT MEI INDUSTRIAL SOLUTIONS

MEI Industrial Solutions, formerly MEI Rigging & Crating, a portfolio company of Olympus Partners, is a leading provider of rigging, machinery moving, industrial storage, millwrighting, crating, and export packaging, and specialized transportation services across the nation. MEI has a growing team of over 1,700 employees in 25 operating locations across 20 states.

ABOUT INDUSTRIAL TRANSFER & STORAGE

Headquartered in Southbridge, MA, Industrial Transfer & Storage has been a trusted name in industrial moving, millwright services, and custom metal fabrication for over 100 years. With multiple facilities across Massachusetts and Rhode Island, ITS has built longstanding relationships with some of the most respected names in the industry.

ABOUT OLYMPUS PARTNERS

Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and for growing companies. Olympus manages in excess of $12 billion mainly on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs. Founded in 1988, Olympus is an active, long-term investor across a broad range of industries including business services, food services, consumer products, healthcare services, financial services, industrial services and manufacturing.

SOURCE Olympus Partners