Announced

Completed

Point 41-backed Interstate AC Service completed the acquisition of MCG Mechanical.

Synopsis

Point 41-backed Interstate AC Service, a company specializing in "light commercial" and industrial mechanical applications, completed the acquisition of MCG Mechanical, a full-service mechanical contractor. Financial terms were not disclosed. By folding MCG into the Interstate platform, the combined entity benefits from shared back-office resources (accounting, HR, and procurement), larger purchasing power with equipment manufacturers, and improved software integration (such as ServiceTitan).

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