Announced
Completed
Financials
Tags
Majority
Completed
United States
HVAC services provider
Energy / Utility Services
Acquisition
Domestic
Private
Private Equity
Single Bidder
Friendly
Synopsis
Gemspring Capital-backed AMPAM Parks Mechanical, a full-service provider of design-build plumbing solutions serving the multifamily end market, completed the acquisition of Multi Mechanical, a HVAC services provider focused on the multifamily market. Financial terms were not disclosed. "We are excited to combine forces with Multi Mechanical and have them join the AMPAM platform. We have known the Multi Mechanical team for almost two decades, and believe they are the ideal partner with which to launch AMPAM's HVAC offering. We're confident that expanding our solutions with complementary HVAC services will diversify our business and enhance our ability to provide exceptional value to our customers," Buddy Parks and John Parks, AMPAM Co-Founders.
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