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PSS Industrial Group and Cross Country Join Forces for Growth

PSS Industrial Group and Cross Country Join Forces for Growth

PSS Industrial Group and Cross Country Infrastructure Services Combine Forces

This strategic combination marks a significant milestone in forming PSS Cross Country Infrastructure Solutions, a leader in critical infrastructure solutions. With this merger, contractors and property owners are set to benefit from innovative product applications, distribution enhancements, and specialized equipment rental expertise.

Creating a Premier Solutions Partner

The merger of PSS Industrial Group and Cross Country Infrastructure Services creates a formidable entity ready to cater to the demands of infrastructure construction and maintenance. The combined strengths of the teams will elevate service levels never seen before, paving the path for improved infrastructure solutions across the nation.

Comments from Leadership

Phillip Goodwin, the CEO of PSSI, expressed enthusiasm about the merger, stating, "This is a unique opportunity to build on our history of success and provide unparalleled support to America's infrastructure needs. We are poised to scale our resources effectively, enhancing our ability to meet customer demands with integrity and excellence."

John James, CEO of Cross Country, echoed similar sentiments, stating, "The synergy between these two organizations is bound to reshape the market. Our commitment has always been about reliability and service, and this partnership enables us to expand our offerings significantly."

Leverage and Growth in Infrastructure Solutions

PSS Cross Country Infrastructure Solutions will harness its combined capabilities to deliver a vast suite of services throughout the nation. This includes not only equipment rentals but also access to specialized inventory and field expertise that contractors require for their projects, no matter their location.

Expanding Nationwide Footprint

With over 40 branches across the country, PSS Cross Country promises to enhance customer service through an expanded network, ensuring that contractors get the specialized equipment they need promptly. The integration of Cross Country's locations adds significant value, allowing for improved responsiveness to customer demands.

The strategic expansion aims at supporting both energy and evolving infrastructure projects, matching the growing pace of the nation’s infrastructure needs. It reflects an ambition for generous growth alongside customers, fostering a mutually beneficial relationship.

Strengthening Leadership for a Unified Vision

Under this new company structure, Phillip Goodwin will assume the role of CEO at PSS Cross Country, integrating the senior leadership teams from both companies for seamless operational continuity. Cross Country’s John James will serve as the President of Equipment, further solidifying leadership cohesion.

Consulting Support for the Transition

Ahead of this merger, Huron Consulting Group and Jackson Walker, LLP played pivotal roles as financial and legal advisors, ensuring the merger process has been strategically sound. Such expert consultation has paved the way for smooth integration and a cohesive operational strategy moving forward.

About the Combined Companies

PSS Industrial Group stands at the forefront as a premier service provider in the United States, servicing the entire energy market with a focus on exceptional MRO supplies and equipment distribution. Their continued commitment to innovative solutions caters to the entire energy value chain, poised for remarkable growth in collaboration with Cross Country.

Cross Country Infrastructure Services brings decades of expertise, specializing in equipment rental and supply specifically designed for critical infrastructure projects. With its dedicated infrastructure, they have established a footprint that assures reliability and quality, meeting diverse market needs across various domains.

Frequently Asked Questions

What led to the merger of PSS Industrial Group and Cross Country?

The merger aims to combine strengths and resources to offer enhanced infrastructure solutions across the United States.

Who will lead the new PSS Cross Country Infrastructure Solutions?

Phillip Goodwin will act as the CEO, with John James serving as the President of Equipment.

How will this merger benefit contractors and service providers?

Contractors will gain access to expanded services, specialized equipment, and a broader national reach to support their projects more effectively.

What services will PSS Cross Country specialize in?

The new entity will focus on equipment rental, MRO supplies, and comprehensive infrastructure solutions for various energy and construction projects.

Where are the new company locations in the U.S.?

PSS Cross Country will operate over 40 branches nationwide, improving availability for customers in diverse regions.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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