Temp-Con Acquires Cobb Refrigeration

Temp-Con Acquires Hamilton Service Company

October 9, 2020

HVAC & Mechanical

Temp-Con, a portfolio company backed by Centerfield Capital Partners and Caymus Equity Partners, acquired Hamilton Service Company, a commercial refrigeration and HVAC services provider based in Lincoln, Nebraska. The add-on acquisition, which closed October 9, 2020, expands Temp-Con's Midwest footprint and broadens its commercial refrigeration and HVAC service capabilities.

Temp-Con (Caymus Equity) Acquires TP Mechanical Contractors

January 14, 2022

HVAC & Mechanical

Caymus Equity Partners’ portfolio company Temp-Con LLC completed a strategic combination with TP Mechanical Contractors, Inc., expanding Temp-Con’s geographic footprint and service capabilities across the Midwest. The deal, which closed January 14, 2022, creates a combined mechanical contracting platform with broader HVACR, plumbing, fire protection and maintenance offerings serving education, healthcare and commercial end markets across six contiguous states.

Watsco and Carrier Acquire Temperature Equipment Corporation

March 16, 2021

HVAC & Mechanical

Watsco, Inc., together with Carrier Global Corporation, signed an agreement to acquire Temperature Equipment Corporation (TEC) for Watsco to own 80% and Carrier 20%. TEC is a Chicago/Lansing, Illinois–based HVAC distributor with $291 million in 2020 sales, ~10,000 customers and 32 Midwest locations; the deal expands Watsco's footprint into the U.S. Midwest.

Cold Core Group Acquires Aircor Refrigeration and Arctic Consulting

August 22, 2023

HVAC & Mechanical

Cold Core Group, a Menomonee Falls, Wisconsin-based full-service industrial and commercial refrigeration provider, has acquired South Carolina-based Aircor Refrigeration, LLC and Arctic Consulting, LLC. The acquisition expands Cold Core Group's east‑coast presence and adds specialized industrial refrigeration services, energy management and PSM/RMP compliance consulting capabilities.

Air Temp Acquires The Eugene Steinberg Company (TESCO)

September 1, 2023

HVAC & Mechanical

Anvil Capital portfolio company Air Temp has completed the acquisition of The Eugene Steinberg Company (TESCO), marking Air Temp’s fourth add‑on under the Anvil Capital platform. The deal adds plumbing design, installation and service capabilities to Air Temp’s commercial HVAC platform in the greater Hartford, Connecticut region and is intended to accelerate regional growth and expand service offerings.

Kelvin Group Acquires PermaCold Engineering

January 7, 2026

HVAC & Mechanical

Kelvin Group, a national provider of industrial and commercial mechanical refrigeration services backed by Southfield Capital, has acquired PermaCold Engineering, a Portland-based industrial refrigeration firm. The add-on deal expands Kelvin's geographic footprint into the Pacific Northwest and brings PermaCold's expertise in ammonia and CO2 refrigeration to Kelvin's platform; terms were not disclosed.