Ridgemont Equity Partners completed the acquisition of Crete Mechanical Group.

Ridgemont Equity Partners, a Charlotte-based middle market buyout and growth equity investor, completed the acquisition of Crete Mechanical Group, a multi-site owner, operator and business partner to mechanical service businesses. Financial terms were not disclosed. “HVAC and commercial services have been very dynamic industries over the last several years with substantial demand for skilled technicians, reliable providers and an increasing focus on energy efficient building services. We have recent, relevant experience in the sector and are excited to support the Crete leadership team and local operators to build the market-leading provider of essential HVAC, electrical, plumbing, building automation and other facility services across a range of end markets,” Tim Dillon, Ridgemont Equity Partners Partner.