MSHS announces expansion plan
By Jack Burke02 March 2021
Working with private equity firm MPE Partners
MSHS Group is working with private equity firm MPE Partners to achieve a strategic long-range expansion plan that includes broadening its reach in the marine, energy and defense industries with new locations, markets, product lines, and expanded maintenance, repair and overhaul (MRO) service offerings.
Florida, US-based MSHS Group’s companies specialize in the integration of equipment, services, and control systems for customers in the marine, industrial, government, and commercial segments throughout the world.
“As the industries we serve evolve with technology and market-driven changes, the time is right for implementing our plan to cultivate new connections, enhance our service offerings and deliver integrated solutions for our customers,” said MSHS Group CEO David A. Santamaria. “The strategic partnership with MPE Partners provides resources to accelerate that ambition and preserve our unwavering commitment to our customers and employees. We are confident this step forward will increase the breadth of our technical capabilities and continue our tradition of providing the best services to our customers.”
MSHS Group Board Member Are Friesecke said MPE’s history of investing in industrial services businesses and partnering with entrepreneurs made them a natural fit for the company.
Founded in 1983 and headquartered in Ft. Lauderdale, Florida, the MSHS Group goes to market through three business units, Motor-Services Hugo Stamp, Governor Control Systems and Advanced Bonded Customs Services (MSHS Group). It has grown into a leading independent solutions and services provider of reputable OEM brands in marine and power generation applications. MSHS Group specializes in the integration of equipment, services, and control systems for customers in the marine, industrial, government, and commercial segments globally.