Cortec Group Growth Recapitalizes A1 Garage Door Service
January 1, 2023
Cortec Group (via Cortec VII), in partnership with A1 founder and CEO Tommy Mello and management, completed a growth recapitalization of A1 Garage Door Service Holdings, Inc. on December 22, 2022. Headquartered in Phoenix, Arizona and serving 25 U.S. markets, A1 will leverage Cortec's residential services experience and capital to continue organic growth and pursue acquisitions; terms were not disclosed.
- Buyers
- Cortec Group Fund VII (Cortec Group), Tommy Mello and management
- Targets
- A1 Garage Door Service Holdings, Inc.
- Industry
- HVAC & Mechanical
- Location
- Arizona, United States
- Transaction Type
- Growth capital
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