A&M Capital Partners Acquires Majority Interest in The Arcticom Group

A&M Capital (AMCP III) Acquires Majority Stake in East Coast Power

January 23, 2025

Utilities

Alvarez & Marsal Capital Partners Fund III (AMCP III), through an affiliate of A&M Capital, signed a definitive agreement to acquire a majority stake in East Coast Power (ECP), a fast-growing electric utility services provider headquartered in Albany, New York. The partnership will fund ECP's national expansion through organic growth and strategic M&A while founder Darren Donohue remains a large shareholder and operating executive.

Kinzie Capital Partners Acquires Arctic Industries

February 20, 2024

Manufacturing

Kinzie Capital Partners, a Chicago-based private equity firm, has acquired Arctic Industries, a national manufacturer and distributor of walk-in coolers, freezers and the CoolBot refrigeration controller. The transaction (completed in partnership with Arctic management) will support Arctic's nationwide expansion by leveraging its bi-coastal manufacturing footprint and product portfolio across foodservice, healthcare and industrial end markets. Brown Gibbons Lang served as financial advisor to selling owner Stoic Holdings; terms were not disclosed.

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.

Arcline Investment Management Acquires Controlling Stake in Air Comm Corporation

July 6, 2021

Aerospace & Defense

Arcline Investment Management acquired a controlling stake in Air Comm Corporation in a transaction valuing the company at $250 million; Dave Harrison remains a significant minority shareholder and will serve as Chairman. Air Comm, based in Westminster, Colorado, designs, manufactures, and services environmental control and thermal management systems for aerospace OEMs, fleets and aftermarket service providers; Arcline plans to partner with management to expand MRO capabilities and pursue organic and inorganic growth.

PMC Capital / Arctic Cooling Systems Acquires Chino Branch of The AMS Group (Hill PHOENIX business unit)

March 9, 2020

HVAC & Mechanical

PMC Capital Partners, through a newly formed platform Arctic Cooling Systems, acquired the Chino branch of The AMS Group (a Hill PHOENIX / Dover Food Retail business unit). The carve-out will be operated by Arctic Cooling's existing management team and PMC said it will support organic growth and pursue add-on acquisitions to expand the company's commercial and industrial refrigeration and HVAC services.

The Arcticom Group Acquires Victory Construction and Refrigeration

May 14, 2019

HVAC & Mechanical

The Arcticom Group (TAG), a Walnut Creek-based commercial refrigeration and HVACR services provider, has acquired Denver-based Victory Construction and Refrigeration. The acquisition expands TAG's operations into Colorado and strengthens its footprint across the Western United States; financial terms were not disclosed.