North Branch Capital Adds Blind & Sons to Heartland Home Services; Midwest Mezzanine Provides Subordinated Debt

Dubin Clark Acquires Astar Heating & Air; Midwest Mezzanine Provides Subordinated Financing

August 30, 2019

HVAC & Mechanical

Dubin Clark & Company, Inc. acquired Astar Heating & Air, LLC, a regional provider of HVAC replacement, maintenance and plumbing services serving more than 20,000 residential homeowners in New York’s lower Hudson Valley. Midwest Mezzanine provided subordinated debt and equity to support the transaction.

Heartland Home Services (North Branch) Acquires Action Plumbing and AC Engineers

December 2, 2020

HVAC & Mechanical

Heartland Home Services, a portfolio company of North Branch Capital, has acquired Action Plumbing (Sun Prairie, WI) and AC Engineers (Shelby Township, MI) as add-on acquisitions to expand its Midwest footprint. The deals expand Heartland’s residential HVAC, plumbing and electrical service presence in the Madison, WI market and Eastern Michigan.

Ridgeline Roofing & Restoration Acquires Bold North Roofing and Contracting

January 23, 2026

Construction

Ridgeline Roofing & Restoration, a Bertram Capital-backed roofing platform, has acquired Bold North Roofing and Contracting, a roofing and exterior services provider serving the Twin Cities and western Wisconsin. The add-on expands Ridgeline's Midwest footprint; founders Erik McLaughlin and Ryan Emmerich will continue to lead Bold North and are reinvesting in the platform. Financial terms were not disclosed.

Crescendo Capital Partners Acquires Blair Duron Restoration

March 22, 2021

Construction

Crescendo Capital Partners, a private equity firm, acquired Blair Duron Restoration, LLC, a specialty flooring and concrete repair contractor headquartered in Raleigh, North Carolina; the deal closed on March 12, 2021. Midwest Mezzanine provided subordinated debt to support the transaction, and Generational Equity advised Blair Duron as the sellers (the company's owners) exited.

The Jordan Company (Resolute IV) Acquires Heartland Home Services

December 15, 2020

HVAC & Mechanical

An affiliate of The Resolute Fund IV (managed by The Jordan Company) acquired Heartland Home Services from North Branch Capital, with Cobepa taking a significant minority stake and North Branch remaining a minority investor. Carlyle's Global Credit platform led and structured the debt financing to support the transaction. The investment will provide Heartland with resources to drive operational efficiencies and pursue organic and inorganic growth across its Midwestern residential HVAC, plumbing, electrical and indoor air quality platform.

Infinity Home Services (IHS) Acquires American Home Contractors

June 16, 2023

Construction

Infinity Home Services (a North Branch Capital portfolio company) has acquired American Home Contractors, a residential roofing, siding, window and gutter replacement provider headquartered in Fulton, Maryland. The add-on expands IHS's footprint in the Mid-Atlantic and brings additional local capabilities and customer relationships to the platform.