Tom Barrow Co. (Ardian portfolio company) Acquires R.F. Peck Co., Inc.

Ardian Acquires Majority Stake in Tom Barrow Company

July 25, 2023

HVAC & Mechanical

Ardian's North America Fund acquired a majority stake in Tom Barrow Company, a leading provider of commercial HVAC solutions headquartered in Atlanta, Georgia. The founding family and management will retain a meaningful minority ownership; financial terms were not disclosed and financing for the transaction included an unsecured term loan arranged by Platinum Equity's credit team.

The Arcticom Group Acquires Tomco Mechanical Corporation

July 8, 2022

HVAC & Mechanical

The Arcticom Group, a Walnut Creek, California-based HVACR platform backed by A&M Capital Partners, has acquired Tomco Mechanical Corporation, a Westbury, New York provider of commercial refrigeration and HVAC services. The acquisition expands Arcticom's footprint to the East Coast and strengthens its service offering to national and regional grocery and commercial customers, with Tomco's management (led by John Martinelli) remaining in leadership and retaining a meaningful ownership stake.

Tenex Capital Management Invests in R.F. Fager

March 4, 2024

Building Products

Tenex Capital Management has made a minority investment in R.F. Fager, a regional distributor of plumbing, HVAC, and roofing supplies. The Fager family (including Richard Fager Jr. and Bryce Fager) will continue to lead the company and retain significant equity as Tenex provides capital and resources to expand geographic reach and product breadth.

Benford Capital Partners Acquires R.M. Young Company

April 3, 2024

Manufacturing

Chicago-based private equity firm Benford Capital Partners has acquired R.M. Young Company, a Traverse City, Michigan manufacturer of precision meteorological instrumentation, in partnership with company President Tom Young. Benford plans to invest in sales and marketing, expand the product portfolio, and pursue complementary add-on acquisitions to grow the business.

Taglich Private Equity Acquires Air Flow Research Heads; Farragut Provides Mezzanine and Co-Investment

July 2, 2021

Automotive

Taglich Private Equity has acquired Air Flow Research Heads (AFR), a Valencia, California-based maker of performance aftermarket cylinder heads and intake manifolds. Farragut Capital Partners provided mezzanine debt and an equity co-investment to support the acquisition, and Byline Bank's Sponsor Finance group provided senior financing.

Pye-Barker Engineered Solutions Acquires Florida Air Technologies

January 9, 2020

Industrial Services

Pye-Barker Engineered Solutions, a Forest Park, Georgia-based provider of compressed air and vacuum systems, has acquired Florida Air Technologies, LLC, an Orlando-based compressed air equipment and service company. The purchase expands Pye-Barker's coverage in the Southeastern United States and retains all Florida Air Technologies employees at their current location while moving accounting services to Pye-Barker's headquarters.