Holland Pump Acquires Pump Service & Supply of Troy, Expanding in Pump Rental
Holland Pump Co., a leading independent specialty pump rental and dewatering solutions provider, has completed the acquisition of Pump Service & Supply of Troy – PSS, based in Troy, N.Y. This marks the third acquisition since partnering with XPV Water Partners and adds to Holland Pump's extensive pump fleet and dewatering services offering. PSS increases Holland Pump's capabilities to service municipal and commercial projects across the Northeast.
PSS was established in 1990 and is a leading pump rental and related services provider for municipal and construction applications. PSS reliably serves customers primarily throughout the Northeast with innovative solutions and equipment to solve some of the most complex site conditions and dewatering challenges. The addition of PSS complements Holland Pump's capabilities and enhances its municipal service offering. The acquisition also adds an additional service location in the Northeast market.
"The acquisition of PSS is aligned with our continued commitment to deliver best-in-class customer service experience through our pump fleet, field and engineering support, while increasing our geographic reach," said Tom Vossman, CEO, Holland Pump Co.
Sid Sharpe and Tom Iwanowicz, presidents of PSS, said, "We are excited to join the Holland Pump family. This transaction enables us to grow our offering, while continuing to deliver best-in-class pump rentals and services to help our customers maximize productivity and efficiency."
Holland Pump Co. is headquartered in West Palm Beach, Fla., and has 10 branch operations in Florida, Louisiana, New York and South Carolina.
For more information, visit www.hollandpump.com.
XPV Water Partners is a team of experienced operators and investors who are committed to making a difference in water. The firm manages investment capital from some of the world's top institutional investors, and partners with emerging water-related companies to help them rapidly expand and achieve their strategic goals. For more information, visit www.xpvwaterpartners.com.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.