Tech-24 Acquires Yukon Refrigeration

HCI Equity Partners Acquires Tech24

June 1, 2020

Industrial Services

HCI Equity Partners acquired Tech24, a national provider of installation, preventative maintenance and emergency repair services for foodservice and HVAC equipment, in June 2020. HCI plans to use Tech24 as a platform to pursue add-on acquisitions to build scale, geographic density and expanded service capabilities across the U.S.

Tech24 Acquires TEK Express

October 12, 2022

HVAC & Mechanical

Tech24, backed by HCI Equity Partners, acquired TEK Express on October 7, 2022 as its fourteenth add-on acquisition. The deal expands Tech24's repair and maintenance footprint in the New York City market; financial terms were not disclosed.

Tech24 Acquires AmeriCold and Arrowhead Commercial Equipment

August 26, 2022

HVAC & Mechanical

Tech24, backed by HCI Equity Partners, acquired AmeriCold (announced August 19, 2022) and Arrowhead Commercial Equipment (announced August 10, 2022) as add-on acquisitions to its Tech24 platform. The deals expand Tech24's cold-side refrigeration service capabilities and increase its market share in the New York metro/DC/Southeast Florida and Phoenix markets; financial terms were not disclosed.

Tech24 (HCI Equity Partners-backed) Acquires TEMCO, Inc.

July 25, 2022

HVAC & Mechanical

Tech24, a national provider of foodservice and commercial HVAC repair services backed by HCI Equity Partners, acquired TEMCO, Inc. on July 20, 2022. The add-on expands Tech24's footprint into the Southeastern U.S. (Jackson, Mississippi and the Gulf Coast), adding local talent and deeper exposure to foodservice and commercial HVAC customers.

Tech24 (HCI Equity Partners) Acquires Alliance Mechanical Services, Inc.

March 1, 2021

HVAC & Mechanical

Tech24, a national foodservice and HVAC equipment service platform backed by HCI Equity Partners, acquired Alliance Mechanical Services, Inc., a Chicago-area provider of commercial HVAC, refrigeration and foodservice equipment services. The add-on expands Tech24's cold-side capabilities and market share in the Chicago area and brings new blue-chip customers to the platform.

Tech24 Acquires United Service Technologies

April 13, 2021

Industrial Services

Tech24, backed by HCI Equity Partners, acquired United Service Technologies on April 13, 2021 as the fourth add-on in HCI's consolidation strategy. The acquisition expands Tech24's geographic footprint (adding locations in California, Texas and Nevada) and gives the platform entry into the grocery / supermarket end market; financial terms were not disclosed.