Madison Dearborn Partners-backed Hobbs & Associates to acquire Insight Partners, Bay Associates, C.G. Wood, Engineered Building Systems, Etairos HVAC, Energy Transfer Solutions, Jobe Industrial Measurement & Control, Klima New Jersey, Klima New York, The Kirkman Oliver.

Madison Dearborn Partners-backed Hobbs & Associates, a construction services company, agreed to acquire Insight Partners, a private equity firm, Bay Associates, C.G. Wood, Engineered Building Systems, Etairos HVAC, Energy Transfer Solutions, Jobe Industrial Measurement & Control, Klima New Jersey, Klima New York, The Kirkman Oliver, all companies operating in HVAC industry. Financial terms were not disclosed. “We are thrilled to take an important next step in our growth journey, with support from MDP, as we build upon our capabilities for customers and enhance our relationships with manufacturers across different regions throughout the country. We are excited to welcome prominent regional HVAC companies to our family. Together, we believe we will be even better positioned to work with manufacturers and provide customers high-quality HVAC products and services," Brad Hobbs, Hobbs & Associates CEO.