Davidson Kempner Capital Management and Broadwing Capital Management to acquire Upchurch Companies.

Davidson Kempner Capital Management, a global institutional alternative investment management firm, and Broadwing Capital Management, a private equity firm that partners with management teams, agreed to acquire Upchurch Companies, a family-owned regional mechanical, electrical and plumbing service provider. Financial terms were not disclosed. “As a multi-generational family-owned business, we remain committed to staying true to our heritage and maintaining the Upchurch way of doing business. We believe that Davidson Kempner and Broadwing share our vision and are the right partners to help us achieve our growth goals while sustaining our core values and company culture. We’re excited to have found financial partners that will help us to grow our business while respecting our heritage and local roots,” Mike Upchurch, Upchurch Vice President.