Announced
Financials
Tags
Domestic
Equipment Rental
United States
commercial services
Private
Acquisition
Private Equity
Pending
Majority
Friendly
Single Bidder
Synopsis
Private equity firm Alpine Investors and Jackson Mechanical Service, a commercial and industrial HVACR and boiler business, to form Orion Group, a commercial facility services company. Financial terms were not disclosed. "This investment marks the first of many partner companies that we will bring into the Orion family over the coming years. Orion approaches each partnership with flexibility, creating a tailored solution to meet the business owner’s objectives. Whether the owner chooses to continue running the business day-to-day, play a different role within the company, or move on to the next adventure — we can create a plan to achieve their goals while making sure that their employees, business and legacy have a great home," Isaiah Brown, Orion President.
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