Resolute Industrial Holdings, LLC, announced to have acquired the assets of DriExpress, LLC and Empire Holdings, LLC, two specialty HVAC&R equipment rental and logistical support businesses primarily serving the emergency and restoration services market. Resolute is a portfolio company of AE Industrial Partners, LP, a private equity firm specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets.
Mike McGraw, CEO, Resolute said, “DriExpress and Empire strongly complement our growing rental fleet and service offerings, allowing us to better serve our customers. With this acquisition of over 5,000 assets, we have expanded our rental division to include Mobile DRI – Disaster Resource Solutions, while increasing our geographic coverage and specific expertise in a fragmented and rapidly evolving restoration services industry. We welcome William and his team, who are incredible additions to our Company.”
William Leo, Owner, Empire Holdings said, “Joining Resolute is an exciting next step for our customers and employees. With access to Resolute’s financial and operational resources and support, we look forward to continuing our track record of growth and customer excellence. We are pleased to share a bright future with our new team.”
Pete Miko, Owner, DriExpress said, “We’re proud to become part of Resolute, a longstanding industry leader in temporary climate control and power solutions, and we look forward to enhancing Resolute’s offerings with our team’s experience in disaster restoration and storm work support.”
