Climate Pros, a Portfolio Company of Saw Mill Capital, Acquires Market Mechanical
Briarcliff Manor, New York – Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (“Saw Mill Capital”), in partnership with the management of Climate Pros, LLC (“Climate Pros”), today announced the acquisition of Market Mechanical, Inc. (“Market Mechanical”). Market Mechanical is a leading supplier of refrigeration and HVAC services, proudly serving the greater Minneapolis-St. Paul region since 1986.
“Market Mechanical Inc. is supported by an outstanding group of people, led by Mark and Robin Duffney and has an incredible customer base that fits nicely with our mission,” said Todd Ernest, CEO of Climate Pros. “We are excited to join together with Market’s talented team of technicians and pipefitters to continue to lead the market in Minnesota. Our strategy is to expand geographically, add high-quality technicians, and expand our service offering, allowing us to better serve our customers in more regions. The acquisition of Market Mechanical expands our geographic reach and adds valuable new customers. We are excited to welcome them to our team.”
“We are very excited and extremely proud to have become a part of the Climate Pros team. We have come to know the Climate Pros company, Todd Ernest, Gary Cosby and Patty Burkland very well over these past months. This experience has proven over and over again that everything they represent aligns perfectly with what a successful company should be. We look forward to working with all of them.” – Mark and Robin Duffney.
About Climate Pros
Headquartered in Glendale Heights, IL, Climate Pros provides refrigeration maintenance, repair, remodel and installation services to grocery retailers and other cold-chain customers. Customers of the company include Amazon, Walmart, Whole Foods, Safeway, Costco, Aldi, Albertsons, Kroger, AbbVie, Pfizer, Roundy’s and others. Quickly after its founding in 2006, the Company’s differentiated value proposition transformed the Chicagoland market, and Climate Pros has since expanded to new geographies including Pewaukee, WI; Irwindale, Stockton, Santa Rosa and Hayward, CA; Tamarac, FL; Westland and Grand Rapids, MI and Honolulu, HI. For more information please contact us at www.climateprosinc.com
About Saw Mill Capital
Based in Briarcliff Manor, New York, Saw Mill Capital is a private equity firm that acquires industrial and commercial service, specialty distribution and manufacturing businesses with enterprise values of $25 million to $200 million. Since 1997, Saw Mill Capital has been partnering with management teams to help successful businesses reach their full potential.
Climate Pros continues to seek add-on acquisitions to help expand operations and better serve its national customers. If your organization is thinking about a transaction, please reach out to Gary Cosby ([email protected]) to learn about the unique and service oriented “Bleed Blue” culture at Climate Pros.