On May 26, 2023, CAM Industrial Solutions has announced the successful acquisition of Worley's North American maintenance, turnaround business, and power operations, for cash consideration of US$125 million (170,000,000.00 CAD). With this acquisition, CAM Industrial Solutions boasts an annual revenue of around $800 million, employing over 5,000 individuals and securing a prominent market position. CEO Donovan Boyd emphasized the company's aim to excel as North America's foremost provider of maintenance and turnaround services. President Mick Kaefer expressed gratitude to customers, employees, and investors, highlighting their commitment to safety and value creation. He also acknowledged Worley's past support, hinting at potential collaborations ahead. Emphasizing service quality as their distinctive attribute, Kaefer sees promising growth opportunities. CAM Industrial Solutions is a significant entity within an investment group spearheaded by Cross Rapids Capital LP, an investment firm with a focus on North American industrial and service companies. Kyle Cruz of Cross Rapids Capital expressed enthusiasm about partnering with CAM's leadership to foster business growth.