Shoot the Jay

Bundy Group helps finalize Jay Industrial Repair/Carousel deal

Bundy Group confirmed recently that it has successfully advised Jay Industrial Repair, a Birmingham, Alabama–headquartered provider of power solutions services and electromechanical repair, in its sale to Carousel Capital.

“It was a privilege to represent Jay Industrial Repair throughout this transaction and help the company achieve an outstanding outcome with an industry-focused financial sponsor,” said Clint Bundy, Managing Director at Bundy Group. “We’ve had a relationship with Jay for more than a decade and are excited to be part of this marquee transaction in the power solutions and electromechanical markets.” 

Founded in 1984, Jay Industrial Repair has built a strong reputation as a trusted partner for complex electromechanical repair and maintenance work. The company serves customers across North America from multiple locations in the Southeastern U.S., including centers in Birmingham, Montgomery, Mobile, Muscle Shoals, Jacksonville, and Oklahoma City.

“Jay’s technical expertise, customer relationships, service reputation, and diversified end-market exposure positioned them extremely well for a strong outcome,” added Jordan Frickle, Director at Bundy Group. “We are proud of our work advising companies in the Electromechanical market and were excited to help contribute to this outstanding outcome for Jay.”

This transaction "underscores Bundy Group’s continued success advising business owners across the Energy & Infrastructure and Industrial-related sectors and highlights strong buyer demand for companies providing mission-critical, recurring maintenance services across for essential end markets," per a Bundy press release e-mailed to EA.

The Bundy Group transaction team included Clint Bundy, Stewart Carlin, Jordan Frickle, Andrew Ezzat and Lorenc Biqiku.