Saw Mill Capital responds to COVID-19
May 13, 2021 Share Print
Climate Pros Acquires into Northeast, Mid-Atlantic

Briarcliff Manor, New York – May 13, 2021. Saw Mill Capital Partners II, LP and affiliated private equity investment funds managed by Saw Mill Capital LLC (collectively referred to herein as “Saw Mill”) are pleased to announce the acquisition of Precision Mechanical Contracting, LLC (“Precision”) by Climate Pros, LLC (“Climate Pros”), a Saw Mill portfolio company. Precision is a leading provider of commercial refrigeration and HVAC services serving the Northeast and Mid-Atlantic. This represents the ninth acquisition completed by Climate Pros in partnership with Saw Mill.

“We are very excited to join with Precision’s talented team to expand our presence in the Northeast and Mid-Atlantic,” stated Todd Ernest, CEO of Climate Pros. “The acquisition of Precision expands our service offering into new regions, allowing us to better serve our mutual customers and further establish Climate Pros as a nationwide service provider.” 

“Climate Pros continues to demonstrate its ability to enter new regions, both via acquisition and organically,” added Tim Nelson, Partner at Saw Mill. “We are excited to leverage the acquisition of Precision to drive growth in these new geographies.”

Saw Mill is committed to helping its portfolio companies achieve their full growth potential, both organically and through strategic acquisitions. All of Saw Mill’s Fund II portfolio investments, including Climate Pros, are actively seeking acquisitions.

 

About Climate Pros
Headquartered in Glendale Heights, IL, Climate Pros provides technology-enabled refrigeration and HVAC repair, maintenance, installation and remodeling services to grocery retailers and other cold-chain customers primarily in North America. The Company operates in a highly specialized niche within the broader HVACR market and has established a leading reputation in existing geographies, with over 30 branches across the United States. Climate Pros is actively seeking additional acquisitions.  For more information, please contact us at www.climatepros.com.

About Saw Mill Capital
Based in Briarcliff Manor, NY, Saw Mill Capital is a private equity firm that acquires business 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. For more information, visit www.sawmillcapital.com.