Modigent Acquires Tebarco Mechanical

Modigent Acquires VMG Mechanical

July 15, 2025

HVAC & Mechanical

Modigent has acquired VMG Mechanical, an Orlando-based commercial HVAC and plumbing contractor, adding the firm to Modigent's national platform. The deal gives VMG access to capital, vendor relationships, and back-office support while Modigent expands its footprint and service capabilities across Central Florida.

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.

Ardian Acquires Majority Stake in Tom Barrow Company

July 25, 2023

HVAC & Mechanical

Ardian's North America Fund acquired a majority stake in Tom Barrow Company, a leading provider of commercial HVAC solutions headquartered in Atlanta, Georgia. The founding family and management will retain a meaningful minority ownership; financial terms were not disclosed and financing for the transaction included an unsecured term loan arranged by Platinum Equity's credit team.

Argosy Private Equity Acquires Controlling Interest in Barco Products

August 8, 2023

Building Products

Argosy Private Equity acquired a controlling interest in Barco Products, a Batavia, Illinois-based designer, manufacturer and distributor of commercial outdoor site furnishings and traffic safety products. Argosy plans to execute its Value Acceleration Methodology to drive geographic expansion, evaluate add-on acquisitions, and coordinate sales and marketing initiatives to grow the business.

The Arcticom Group Acquires Tomco Mechanical Corporation

July 8, 2022

HVAC & Mechanical

The Arcticom Group, a Walnut Creek, California-based HVACR platform backed by A&M Capital Partners, has acquired Tomco Mechanical Corporation, a Westbury, New York provider of commercial refrigeration and HVAC services. The acquisition expands Arcticom's footprint to the East Coast and strengthens its service offering to national and regional grocery and commercial customers, with Tomco's management (led by John Martinelli) remaining in leadership and retaining a meaningful ownership stake.

PremiStar Acquires Air Temp Mechanical (CT)

January 21, 2025

HVAC & Mechanical

PremiStar has partnered with Air Temp Mechanical, Connecticut’s largest independent commercial HVAC contractor, adding the 188-employee company to its national platform and expanding PremiStar’s footprint to 16 states. Air Temp Mechanical (founded 2001, led by Jeff Leone) provides HVAC installation, maintenance, building controls, plumbing and sheet metal fabrication to education, commercial/industrial, healthcare and government customers.