Crete Mechanical Group and Ridgemont Equity Partners Recapitalize AC Corporation
September 14, 2022
Crete Mechanical Group, a Ridgemont Equity Partners-backed commercial mechanical services platform, has recapitalized Greensboro, North Carolina-based AC Corporation and added it as a partner company. The transaction is intended to accelerate AC Corp.'s growth and expand Crete's presence across North Carolina and adjacent East Coast markets by leveraging Crete's operational support and partner network.
- Targets
- AC Corporation
- Platforms
- Crete Mechanical Group
- Industry
- HVAC & Mechanical
- Location
- North Carolina, United States
- Transaction Type
- Recapitalization
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