Houlihan Lokey Advises Cross Country Infrastructure Services

Cross Country Infrastructure Services, a portfolio company of Odyssey Investment Partners, has been acquired by PSS Industrial Group, a portfolio company of Marblegate Asset Management

Sellside Advisor

Houlihan Lokey is pleased to announce that Cross Country Infrastructure Services, Inc. (Cross Country), a portfolio company of Odyssey Investment Partners and a leading provider of specialized equipment rental and supply solutions, has combined with PSS Industrial Group (PSSI) to form PSS Cross Country Infrastructure Solutions (PSS Cross Country). Houlihan Lokey served as the exclusive financial advisor to Cross Country on the transaction, which closed on February 9, 2026.

Founded in 1977, Cross Country is a leading provider of specialized construction equipment rentals and consumable supply solutions for critical infrastructure projects across the United States. The company supports a diversified set of end markets, including midstream energy, renewables, powerline, and civil construction, operating from a nationwide platform.

Headquartered in Houston, Texas, PSSI is a leading service provider and distributor of specialty equipment, MRO supplies, and material handling solutions. With approximately 33 locations throughout the United States, PSSI serves the entire energy market value chain, including the upstream, midstream, and downstream sectors, as well as industrial markets.

This transaction highlights Houlihan Lokey’s deep expertise in advising premier infrastructure service companies and its proven ability to execute complex business combinations in the equipment-as-a-service and energy field services and equipment sectors.

RELATED: Financial Sponsors Coverage, Equipment-as-a-Service, Mergers & Acquisitions