Citation Capital Acquires Majority Stake in Gallo Mechanical

Private Investor Acquires A&Z Mechanical, Inc.

November 1, 2024

HVAC & Mechanical

Generational Group advised A&Z Mechanical, Inc., an HVAC contractor based in Colorado Springs, Colorado, on its sale to an unnamed private investor, with the transaction closing November 1, 2024. A&Z Mechanical provides HVAC installation, repair, and maintenance services for new single-family construction as well as commercial and residential customers.

NMS Capital Recapitalizes Capstone Mechanical

May 6, 2025

Industrial Services

NMS Capital has recapitalized Capstone Mechanical, a Portsmouth, New Hampshire-based commercial HVAC and refrigeration service provider. The private equity partnership will support Capstone's organic growth and M&A strategy to expand its footprint and capabilities across the Eastern United States; terms were not disclosed.

Crete Mechanical Group Acquires Majority Stake in C&C Service (Stamford)

November 14, 2023

HVAC & Mechanical

Crete Mechanical Group has acquired a majority stake in C&C Service, LLC, a Stamford, Connecticut-based commercial HVAC services firm. The deal expands Crete’s partner network and marks the company’s entrance into the Connecticut market as part of its broader Northeast expansion strategy.

Heartland Home Services Acquires Custom Mechanical

April 18, 2022

HVAC & Mechanical

Heartland Home Services has acquired Custom Mechanical, a family-owned residential HVAC and plumbing services provider in Delaware and Maryland. The deal marks Heartland's first expansion onto the East Coast and will keep Custom's management team in place as the brand joins Heartland's portfolio.

Taconic Capital Holdings Acquires Excel Mechanical, Inc.

July 14, 2023

HVAC & Mechanical

Taconic Capital Holdings, a private investment firm based in Boca Raton, Florida, acquired Excel Mechanical, Inc., an HVAC and plumbing contractor headquartered in Tewksbury, Massachusetts. The transaction closed on July 14, 2023 and was advised by Generational Equity.

PremiStar Acquires Golding Mechanical Services of Tennessee

October 12, 2023

HVAC & Mechanical

PremiStar has acquired Golding Mechanical Services, a full-service HVAC and controls contractor based in Memphis, Tennessee, to expand its mechanical service offerings and service density in the Southeastern U.S. Golding’s founder Pam Golding will join the PremiStar family (with her son Jonathan Golding named Director of Field Service Operations), and the business will broaden capabilities for PremiStar’s CS3 operations in the region.