Amber Mechanical Contractors Acquired by a Private Investor

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.

AMPAM Parks Mechanical Acquires Multi Mechanical, Inc.

November 28, 2023

HVAC & Mechanical

AMPAM Parks Mechanical, a Gemspring Capital portfolio company, has acquired Multi Mechanical, Inc., an HVAC services provider focused on the multifamily market in Southern California. The deal expands AMPAM’s service offering by adding HVAC installation and servicing capabilities to its existing design‑build plumbing platform; founding members of Multi Mechanical will continue to lead the HVAC business under AMPAM.

Gemspring Capital Acquires AMPAM Parks Mechanical

October 4, 2023

HVAC & Mechanical

Gemspring Capital Management affiliate has acquired a majority interest in AMPAM Parks Mechanical, a Carson, California–based design-build plumbing provider serving the multifamily residential market. The founders will retain significant ownership and Gemspring plans to support geographic expansion, cross-selling of additional trade services, and M&A-driven growth to expand AMPAM's footprint and capabilities.

CCMP Growth Advisors Acquires Airo Mechanical

August 7, 2025

HVAC & Mechanical

CCMP Growth Advisors has acquired Airo Mechanical, a Mooresville, North Carolina-based provider of HVAC and plumbing installation services, from an investor group led by Thomas Investments and Stephens Capital Partners. Management (CEO Matt Baude and CFO Angelia Ryan) will remain significant shareholders and Pete Papagiannis will join the board to advise on growth initiatives as CCMP Growth helps expand Airo's capabilities and geographic footprint across the Southeast.

PremiStar Acquires Mercury Mechanical

February 15, 2024

HVAC & Mechanical

PremiStar, a PE-backed commercial HVAC, plumbing and building automation platform, has acquired Mercury Mechanical, a full-service HVAC, sheet metal and piping contractor based in Northlake, Illinois. The acquisition expands PremiStar’s footprint in the Chicagoland area, Illinois and southern Wisconsin and brings Mercury Mechanical’s commercial, industrial and healthcare customers into PremiStar’s platform.

MechanAir (Delos Capital & Amalgam Capital) Acquires Hampton Roads Mechanical of Virginia

October 15, 2021

HVAC & Mechanical

Hampton Roads Mechanical of Virginia (HRMVA), a Chesapeake-based commercial and industrial mechanical contractor, was acquired and rolled into MechanAir—a newly formed HVAC/mechanical platform sponsored by Delos Capital and Amalgam Capital. The deal closed September 2, 2021 and establishes HRMVA as a regional division of MechanAir as the partners pursue national consolidation of HVAC, mechanical and plumbing contractors.