Ridgemont Equity Partners Provides Growth Capital to Crete Mechanical Group
June 2, 2022
Ridgemont Equity Partners provided significant growth capital to Crete Mechanical Group (CMG) to support the build-out of a national platform of HVAC, electrical, plumbing and building automation service companies. Financing for the transaction was led by Ares Management Corporation and Churchill Asset Management; terms were not disclosed.
- Buyers
- Ridgemont Equity Partners, Ares Management Corporation, Churchill Asset Management
- Targets
- Crete Mechanical Group (Crete United)
- Industry
- HVAC & Mechanical
- Location
- North Carolina, United States
- Transaction Type
- Growth capital
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