.
MergerLinks Header Logo

New Deal


Announced

Completed

The Riverside Company completed the investment in Mainstream Electric.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Building: Climate Control

Single Bidder

Friendly

hvac repair

Completed

Domestic

Acquisition

Private Equity

United States

Majority

Private

HVAC installation

Synopsis

Edit

The Riverside Company, a global private investor focused on the smaller end of the middle market, completed the investment in Mainstream Electric, a provider of residential HVAC installation and repair, plumbing, electrical, excavation and drain services in the Greater Spokane, Washington, and Coeur d’Alene, Idaho, markets. Financial terms were not disclosed. "We are thrilled to work with Todd & Elaine Damschen, Mainstream’s management team and its expert technicians who have provided first-class services since 2000. During our partnership, we plan to make strategic investments across the various service lines, promote cross-selling and grow the newly introduced sewer and drains business," Meranee Phing, Riverside Senior Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US