Halmos Capital and Trivest Partner with Thermal Concepts to Launch Commercial HVAC Platform

Thermal Concepts Acquires Irvine Mechanical

August 29, 2022

HVAC & Mechanical

Thermal Concepts, a Davie, Florida-based commercial HVAC services platform backed by Trivest Partners and Halmos Capital, has acquired Irvine Mechanical, an Orlando-based provider of HVAC installation, maintenance and controls services. The deal is Thermal Concepts' first add-on as a Trivest/Halmos portfolio company and is intended to add scale and expand the platform's footprint in Central Florida and the broader Southeast.

Thermal Concepts Acquires 5 Seasons Mechanical

June 4, 2024

HVAC & Mechanical

Thermal Concepts, a Davie, Florida-based HVAC platform backed by Trivest Partners and Halmos Capital, has acquired 5 Seasons Mechanical LLC, an Atlanta-area provider of commercial and industrial HVAC maintenance and installation services. The transaction is Thermal Concepts' first acquisition in Georgia and is intended as an add-on to expand the platform's geographic footprint and service capabilities in the Atlanta metropolitan market.

LP First Capital & Trive Capital Form Cascade Services and Acquire Four Florida HVAC/Electrical Contractors

December 15, 2022

HVAC & Mechanical

LP First Capital and Trive Capital partnered with an experienced management team to form Cascade Services, a residential tri-trade platform focused on HVAC, plumbing and electrical contractors. Cascade has completed four Florida acquisitions — Mid-Florida Heating and Air, Aztil Air Conditioning, Extreme Air & Electric, and Air Boca — as part of a platform-build strategy to pursue add-on opportunities across the Southern United States.

Trinity Hunt Partners Makes Majority Investment in Alliance Group

April 13, 2023

HVAC & Mechanical

Trinity Hunt Partners, a Dallas-based private equity firm, made a majority investment in Alliance Group, a New England commercial HVAC services provider, to launch a national commercial HVAC platform. Trinity Hunt will support Alliance's growth and scale the business through strategic add-on acquisitions and organic initiatives while Steve Knowles will lead the platform as CEO.

Therma Holdings Acquires Integrated Mechanical Systems

February 25, 2019

Industrial Services

Therma Holdings LLC, a portfolio company of Gemspring Capital, has acquired the assets of Integrated Mechanical Systems, an Irwindale, California-based provider of mechanical design, fabrication, construction and maintenance services. The acquisition is intended to accelerate Therma's service offering and scale in Southern California by combining Integrated Mechanical into Therma's existing Southern California operations.

Trinity Hunt Partners Acquires Blackhawk Supply to Launch HVAC Distribution Platform

July 1, 2025

HVAC & Mechanical

Trinity Hunt Partners has made a majority investment in Blackhawk Supply, a Hoffman Estates, Illinois-based specialty distributor of HVAC parts, to establish a national HVAC distribution platform. Trinity Hunt appointed Troy Vellinga as CEO and Jason Lewis as Chief Development Officer and intends to scale the business through organic initiatives and buy-and-build add-on acquisitions.