NMS Capital Recapitalizes Capstone Mechanical

May 6, 2025

NMS Capital has recapitalized Capstone Mechanical, a Portsmouth, New Hampshire-based commercial HVAC and refrigeration service provider. The private equity partnership will support Capstone's organic growth and M&A strategy to expand its footprint and capabilities across the Eastern United States; terms were not disclosed.

Buyers
NMS Capital
Targets
Capstone Mechanical, LLC
Sellers
Capstone Mechanical management
Location
New Hampshire, United States
Transaction Type
Recapitalization

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