Aterian-backed Craft Work Capital Invests in Rogers Mechanical Contractors

Aterian / Craft Work's Rogers Mechanical Acquires Coastal Mechanical Services

June 3, 2021

HVAC & Mechanical

Aterian Investment Partners, through its joint venture Craft Work Capital Partners and platform Rogers Mechanical Contractors, partnered with and completed an add-on acquisition of Coastal Mechanical Services, a Melbourne, Florida-based HVAC/mechanical and plumbing contractor. The deal expands the Rogers platform's presence in Florida and adds Coastal's capabilities across healthcare, education and aerospace & defense end markets.

GHK Capital Partners Acquires Rogers Building Solutions

August 4, 2025

HVAC & Mechanical

GHK Capital Partners LP has completed the acquisition of Rogers Building Solutions, a Douglasville, Georgia-based provider of specialty mechanical HVAC and plumbing services. Rogers (founded 1962) serves mission-critical end markets including data centers, healthcare and manufacturing with over 1,200 skilled professionals across the Southeast; sellers were Aterian Investment Partners and Craft Work Capital.

Aterian Investment Partners Announces Partnership With PJ Mechanical

September 9, 2019

HVAC & Mechanical

Aterian Investment Partners, a New York-based private investment firm, has entered into a strategic partnership with PJ Mechanical, a leading full-service mechanical contractor based in New York City. The investment will support PJ Mechanical's next phase of growth while preserving the company's family-led culture and continuing to serve large commercial, healthcare and infrastructure clients across the NYC market.

Aterian Investment Partners Partners With The Pace Companies

April 9, 2019

HVAC & Mechanical

Aterian Investment Partners has entered into a strategic partnership with The Pace Companies, a Brooklyn-based plumbing, HVAC/mechanical and fire protection contractor. The transaction will provide Pace with capital and operational support to pursue growth initiatives while preserving the company's leadership and culture.

Ridgemont Equity Partners Provides Growth Capital to Crete Mechanical Group

June 2, 2022

HVAC & Mechanical

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.

Slate Capital Group Invests in Vertical Mechanical Group

June 21, 2023

HVAC & Mechanical

Slate Capital Group has made a strategic investment in Vertical Mechanical Group (VMG), a Sterling, Virginia-based full-service HVAC and plumbing contractor focused on large commercial projects. The private equity firm said the investment will provide financial support and operational resources to help VMG expand its market presence across the Eastern United States.