Announced
Completed
Financials
Tags
United States
Domestic
Single Bidder
Majority
Maintenance Repair and Overhaul (MRO)
Private
Acquisition
Friendly
Private Equity
HVAC services
Completed
Synopsis
Wind Point Partners, a Chicago-based private equity firm, completed the acquisition of Zone Mechanical, a provider of refrigeration and HVAC mechanical services to the grocery, convenience store and warehouse industries. Financial terms were not disclosed. "Wind Point has a strong tradition of supporting closely held businesses as they enter their next phase of growth, and we look forward to partnering with Henry, Frank and the entire team as Zone enters an exciting new phase of growth. Our value creation plan revolves around aggressively expanding the business through a robust investment program focused on both organic initiatives and M&A, with the goal of building a market-leading RHVAC platform," Konrad Salaber, Wind Point Managing Director.
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