Aterian Investment Partners Announces Partnership With PJ Mechanical

Aterian Investment Partners Partners With The Pace Companies

April 9, 2019

HVAC & Mechanical

Aterian Investment Partners has entered into a strategic partnership with The Pace Companies, a Brooklyn-based plumbing, HVAC/mechanical and fire protection contractor. The transaction will provide Pace with capital and operational support to pursue growth initiatives while preserving the company's leadership and culture.

Aterian-backed Craft Work Capital Invests in Rogers Mechanical Contractors

September 1, 2020

Construction

Craft Work Capital Partners, a joint venture backed by Aterian Investment Partners, has made a strategic investment in Rogers Mechanical Contractors, a third-generation, family-owned provider of HVAC, mechanical and plumbing contracting services based in Villa Rica, Georgia. The investment will support Rogers' continued growth serving distribution center, e-commerce and logistics customers while preserving the company's culture and management continuity.

Aterian / Craft Work's Rogers Mechanical Acquires Coastal Mechanical Services

June 3, 2021

HVAC & Mechanical

Aterian Investment Partners, through its joint venture Craft Work Capital Partners and platform Rogers Mechanical Contractors, partnered with and completed an add-on acquisition of Coastal Mechanical Services, a Melbourne, Florida-based HVAC/mechanical and plumbing contractor. The deal expands the Rogers platform's presence in Florida and adds Coastal's capabilities across healthcare, education and aerospace & defense end markets.

Aterian Investment Partners Partners with Kane Communications, LLC

August 2, 2021

Telecommunications

Aterian Investment Partners announced a strategic partnership with Kane Communications, LLC, a Trenton, New Jersey-based provider of structured cabling and telecommunications/utility infrastructure services. Aterian said it formed a holding company to support Kane as a platform for nationwide expansion through organic growth and M&A, and will partner with founder Melissa Kane on the growth plan.

Aterian Investment Partners Acquires Majority Interest in Allentown, LLC

May 9, 2022

Medical Devices

Aterian Investment Partners has acquired a majority interest in Allentown, LLC, a 50+-year provider of vivarium laboratory equipment and solutions based in Allentown, New Jersey. The transaction — Aterian’s first investment from its Fund IV — was completed from Heartwood Partners (Heartwood Partners Fund III, LP), with Aterian positioning Allentown as a platform for further organic growth and M&A in the life‑sciences equipment/manufacturing space.

R&H Mechanical Acquires PJ's Plumbing & Heating (EMC Enterprises, LLC)

January 5, 2024

HVAC & Mechanical

R&H Mechanical, an employee‑owned mechanical contractor based in Eagle, Colorado, acquired PJ's Plumbing & Heating (EMC Enterprises, LLC) of Belgrade, Montana. The transaction closed on January 5, 2024 and brings PJ’s plumbing, heating and geothermal installation and service capabilities into R&H’s ESOP-owned platform to expand its geographic footprint and service capacity.