CIMA Services Acquired by Amberjack Capital Partners — Industrials M&A

Amberjack Capital Partners acquired a majority stake in CIMA Services through a majority recapitalization backed by GulfStar Group, which served as CIMA’s exclusive financial advisor. The transaction closed on January 15, 2026. Financial terms were not disclosed, though the announcement references multiple figures including $25 million and $350 million alongside a $2.1 billion figure, without clarifying how each amount maps to equity, debt, or financing components.

CIMA Services is a Pasadena, Texas-based industrial and environmental services provider offering civil, structural, mechanical and waste management services. The company serves customers across the U.S. Gulf Coast, including petrochemical, refining, midstream oil and gas, and broader general industrial markets, with a workforce of more than 400 employees. The recapitalization positions the waste environmental contractor to support its growth and operational execution in a sector tied to ongoing industrial and energy infrastructure activity.

GulfStar’s advisory role covered the process of identifying and securing the investment partner. Amberjack, a Houston-headquartered private equity firm focused on building market leaders in industrial, infrastructure and environmental services, is expected to work with CIMA management as the company continues implementing its rapid growth plan.