PowerVac of Michigan Acquires Fire & Ice Mechanical

Pillsman Partners and Peninsula Capital Recapitalize PowerVac of Michigan (PVM)

August 30, 2019

Industrial Services

Greenwich-based Pillsman Partners and Detroit-based Peninsula Capital Partners completed a majority recapitalization of PowerVac of Michigan (PVM), a Novi, Michigan provider of hydro-excavation, jet/vac, sewer inspection, plumbing, electrical and facilities maintenance services. The transaction, which included participation from PVM management and provided partial founder liquidity, will fund organic growth and targeted acquisitions to expand the company's service footprint.

PowerVac of Michigan Completes Majority Recapitalization of The Precision Group

May 18, 2023

Environmental Services

PowerVac of Michigan, a portfolio company of Pillsman Partners and Peninsula Capital Partners, has completed a majority recapitalization of The Precision Group, an environmental and infrastructure services provider headquartered in Schenectady, New York. The deal brings together Precision’s industrial cleaning, trenchless pipe rehabilitation and hazardous‑waste capabilities with PowerVac’s platform to expand geographic reach and service offerings across regional municipal, commercial and industrial markets. Auctus Capital Partners acted as exclusive advisor to The Precision Group.

Pueblo Mechanical & Controls Acquires Innovative Mechanical Systems

August 5, 2019

HVAC & Mechanical

Huron Capital-backed Pueblo Mechanical & Controls (the ExecFactor platform) has acquired Innovative Mechanical Systems, a Phoenix-based commercial HVAC installer and service provider. The undisclosed add-on deal expands Pueblo's service offerings and geographic reach in the Phoenix market and adds experienced technicians and preventative maintenance capabilities to the platform.

Power VAC Acquires Strain Electric Company

January 18, 2022

Construction

Power VAC, LLC of Novi, Michigan acquired Strain Electric Company, a 75+-year-old electrical and utility contractor headquartered in Wyoming, Michigan. The transaction is an add-on to Power VAC’s PE-backed platform and was supported by Peninsula Capital Partners and Pillsman Partners to expand Power VAC’s geographic footprint and service offerings into Western Michigan.

Pueblo Mechanical & Controls (Huron Capital) Acquires Commercial Air, Inc.

January 2, 2019

HVAC & Mechanical

Huron Capital’s HVAC platform Pueblo Mechanical & Controls has acquired Commercial Air, Inc., a Phoenix-based commercial HVAC installation, maintenance and repair contractor founded in 1996. The deal is an add-on to Pueblo’s buy-and-build strategy to expand its commercial HVAC footprint across Arizona and the surrounding Southwestern states.

Pueblo Mechanical & Controls Acquires Infinity Contractors

July 15, 2021

HVAC & Mechanical

Pueblo Mechanical & Controls, the Huron Capital-backed HVAC and plumbing platform, has acquired Infinity Contractors, a Fort Worth-based mechanical contractor. The add-on expands Pueblo’s geographic footprint into Texas and adds scale and resources to support continued growth; financial terms were not disclosed.