Sunny River Management Partners with Palmetto Air & Water Balance
December 21, 2021
Sunny River Management (SRM), a private investment firm, has partnered with Palmetto Air & Water Balance, a Greenville, South Carolina-based provider of HVAC testing, adjusting, and balancing (TAB) services. As part of the transaction Rodney Hinton will become CEO while founder Penny Hinton remains President; SRM plans to accelerate growth through organic expansion and add-on acquisitions, with financing provided by Deerpath Capital Management.
- Buyers
- Sunny River Management (SRM)
- Targets
- Palmetto Air & Water Balance
- Industry
- HVAC & Mechanical
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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