SubSplit Services Group Acquires Ideal Consolidated from Martell Services Group
SubSplit Services Group, LP has officially announced the acquisition of Ideal Consolidated, Inc., a long-standing mechanical contracting firm based in South Bend, Indiana. The transaction involves transferring ownership from Martell Services Group, Inc. to SubSplit, a permanent capital partner focused on supporting and scaling critical infrastructure service providers. Ideal Consolidated, which has operated since 1956, specializes in commercial, industrial, and institutional piping, plumbing, and sheet metal work across Indiana and Michigan. The acquisition is intended to provide the firm with enhanced resources for growth while maintaining its specialized services in sectors such as healthcare, higher education, and advanced manufacturing.