CST Utilities, Precise Boring of Ohio, Daystar Directional Drilling, and Chuck’s Septic Tank Unite Under GRIT Infrastructure, a portfolio company of MFG Partners
Four utility contractors keep their names, crews, and customer relationships while rebranding under a newly-named parent company. GROVE CITY, Ohio (October 15, 2026) – CST Utilities, Precise Boring of Ohio, Daystar Directional Drilling, and Chuck’s Septic Tank, Sewer & Drain Cleaning (the ‘operating companies’) rebrand their parent company to GRIT Infrastructure. Moving forward, each operating company […]
MFG Partners Invests in United Group Services
A Leading Provider of Specialty Industrial Services and Mechanical Contracting Cincinnati, OH — August 6, 2026 — MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family-, founder-, and management-owned industrial companies, today announced an investment in United Group Services, Inc. (“UGS” or the “Company”). The transaction closed on July 31, […]
United Group Services
MFG Partners Invests in Regency Electric
MFG Partners Invests in Regency Electric, a Leading Commercial Electrical Contractor in Colorado Denver, CO — November 18, 2025 — MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family, founder, and management-owned industrial companies, today announced an investment in Regency Electric, LLC (“Regency”). Founded in 1986, Regency provides commercial electrical contracting […]
Regency Electric
CST Utilities Acquires Daystar Directional Drilling
MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family, founder, and management-owned industrial companies, announced today that its portfolio company, CST Utilities (“CST”), has acquired Daystar Directional Drilling (“Daystar”). CST, founded in 1969 and headquartered in Grove City, OH, is a turnkey infrastructure service company providing a range of complementary […]
CST Utilities Acquires Precise Boring of Ohio
CST Utilities (CST) announced the acquisition of Precise Boring of Ohio, a provider of essential infrastructure utility services across the state of Ohio. This strategic acquisition marks a significant expansion of CST’s footprint and service offerings in the Midwest and reinforces its commitment to delivering reliable utility solutions to local communities. Steven Besse, President, and […]
MFG Partners Makes Eighth Platform Investment
MFG Partners (“MFG”), a private equity firm based in New York, is pleased to announce that it has completed an investment in Chuck’s Septic Tank and Drain Cleaning, Inc., CST Utilities, LLC, and I-Bore, LLC (collectively “CST” or the “Company”). The investment was made in partnership with PNC Mezzanine Capital (“PNC MC”) and Centerfield Capital […]
Private Equity Firm Partners With A-Z Industries
MFG Partners, a private equity firm based in New York, N.Y., has completed a strategic investment in A-Z Industries (“A-Z” or “the Company”). Founded in 1988, A-Z is a leading re-distributor of electrical wire & cable. The Company is headquartered in Northbrook, Ill. and has six additional locations in New York, North Carolina, Texas, Colorado, Arizona, and […]
MFG Partners Completes Acquisition of Mellott Company
New York-based private equity firm MFG Partners (“MFG”), an investor in founder and family-owned industrial businesses, announced today that it has completed the acquisition of Mellott Company (“Mellott” or the “Company”). The transaction was completed in partnership with Company management and PNC Mezzanine Capital. Terms of the transaction were not disclosed. “MFG’s investment in Mellott […]