Announced
Completed
Financials
Tags
Single Bidder
business services
Completed
Private
Friendly
Private Equity
Acquisition
repair and maintenance
Maintenance Repair and Overhaul (MRO)
Majority
United States
Domestic
Synopsis
HCI Equity Partners-backed Tech24, a national provider of repair and maintenance services for foodservice and commercial HVAC equipment, completed the acquisition of Temco, a company which provides repair and maintenance services for commercial kitchen and HVAC equipment. Financial terms were not disclosed. "We are thrilled to welcome TEMCO to the Tech24 organization. The combination of our companies allows us to enter the rapidly growing Southeastern market and extend our well-known services to a broader set of customers. We look forward to working with Duane Griffin, Mike Reed and the entire TEMCO organization," Dan Rodstrom, Tech24 CEO.
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