HCI-Backed Tech24 Acquires Facilities Management (Peltz Services)
May 4, 2022
Tech24, backed by HCI Equity Partners, acquired Facilities Management, LLC and Peltz Services, Inc., both based in Indianapolis, Indiana. The deal — Tech24's eighth add-on — expands the platform's coverage into central and northern Indiana and adds complementary repair, preventative maintenance, and installation capabilities for foodservice and commercial HVAC equipment. Financial terms were not disclosed.
- Buyers
- Tech24, HCI Equity Partners
- Targets
- Facilities Management, LLC, Peltz Services, Inc.
- Platforms
- Tech24
- Industry
- HVAC & Mechanical
- Location
- Indiana, United States
- Transaction Type
- Addon
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