About the client

Sentrimax Centrifuges Inc. (Sentrimax) is a leading North American provider of industrial equipment maintenance, repair, and overhaul services. An established and trusted environmental fluid management business, Sentrimax delivers products and services focused on industrial centrifuge technology, which separates liquids from solids. The company serves a variety of industries including municipal, environmental services (dewatering), oil and gas, construction, manufacturing, food and beverage, agriculture, forestry and mining.  

Founded in 2002, Sentrimax has facilities in Edmonton, AB, Kitchener, ON, and Mansfield, TX. After more than 20 years, one of the founding shareholders decided the time was right for him to retire and pass on operations to the next generation. The remaining shareholders, including his son, wanted to elevate their existing roles and pursue ideas for each location’s growth.  

Our M&A team helped Sentrimax through the entire sales process, from taking the business to market to closing and all the stages in-between. We were able to find the right partner that would support the existing shareholders in continuing to build the Sentrimax legacy, while allowing them to roll their equity. Balancing the interests of multiple shareholders and separate legal entities can be complex. Our advisors helped all parties to reach an outcome that would support their financial goals and set the business up for success together. 

The right partner was found in Strive Equity Partners (Strive), a private equity firm that invests in businesses focused on growth and operational excellence. Sentrimax is now looking forward to continuing its operations with Strive and building upon the company’s reputation for exceptional service and technical expertise.

Fast facts

Client

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Sentrimax Centrifuges Inc.

Transaction type

Transaction type

Divestiture

Services provided

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M&A

Sector

Sector

Industrial Products

Close date

Close date

April, 2025

The client experience
Balancing our shareholders’ different interests was no easy feat but the Doane Grant Thornton team handled it seamlessly, helping us find the right partner to achieve everyone’s objectives as well as meet their expectations. We appreciate all the work they did—the deal wouldn’t have been successful without them. We’re happy to have found the ideal partner in Strive and look forward to growing the company and serving our amazing customers across North America.
Tom Maxwell Sentrimax Centrifuges Inc.