GulfStar Group Announces Majority Recapitalization of CIMA Services

Amberjack Capital Partners acquires majority stake in industrial and environmental services firm

Published on Feb. 25, 2026

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GulfStar Group, a leading middle market investment banking firm, has announced the majority recapitalization of CIMA Services, L.P. by Amberjack Capital Partners. CIMA is a full-service industrial and environmental resources company based in Pasadena, Texas, specializing in civil, structural, mechanical and waste management services for companies in the petrochemical, refining, midstream oil and gas, and general industrial markets across the U.S. Gulf Coast region.

Why it matters

The transaction represents a strategic partnership that will support CIMA's continued growth and expansion in the industrial and environmental services sector, which is a key part of the economy in the Houston region and broader Gulf Coast area. Amberjack Capital's investment and collaboration with CIMA's experienced management team is expected to drive further development of the company's capabilities and service offerings.

The details

Founded in 2003, CIMA Services has over 400 employees and provides a range of industrial and environmental services to companies in the petrochemical, refining, midstream oil and gas, and general industrial markets. GulfStar Group served as the exclusive financial advisor to CIMA throughout the transaction, which closed on January 15, 2026. Amberjack Capital Partners is a private equity firm focused on investing in and partnering with entrepreneurs and business owners to build market leaders in the industrial, infrastructure and environmental services end markets.

  • The transaction closed on January 15, 2026.
  • CIMA Services was founded in 2003.

The players

GulfStar Group

A leading middle market investment banking firm that served as the exclusive financial advisor to CIMA Services throughout the transaction.

CIMA Services, L.P.

A full-service industrial and environmental resources company specializing in civil, structural, mechanical and waste management services for companies in the petrochemical, refining, midstream oil and gas, and general industrial markets across the U.S. Gulf Coast region.

Amberjack Capital Partners

A private equity firm that invests in and partners with entrepreneurs and business owners to build market leaders serving the industrial, infrastructure and environmental services end markets.

John Bailey

Owner and vice president at CIMA Services.

Bryan Frederickson

Managing director of GulfStar Group.

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What they’re saying

“Taking the next step in our business was a big decision, and we understood that having the right advisors to lead and support us in finding the best partner was essential.”

— John Bailey, Owner and vice president at CIMA Services (GulfStar Group)

“The CIMA team was a pleasure to work with throughout this engagement, and we are happy to have delivered a favorable outcome with the Amberjack partnership.”

— Bryan Frederickson, Managing director of GulfStar Group (GulfStar Group)

The takeaway

This transaction highlights the continued growth and importance of the industrial and environmental services sector in the Houston and Gulf Coast region, as well as the value that experienced investment banking advisors can provide in facilitating strategic partnerships and transactions that support the long-term success of family-owned and entrepreneur-led businesses.