Hci Equity Partners-Backed Tech24 Acquires Facilities Management
05/04/22, 11:06 AM
Location
washingtonIndustry
sustainability
financial services
Tech24, backed by HCI Equity Partners, announced today it acquired Facilities Management, LLC, and Peltz Services, Inc. ("Facilities Management" or the "Company") based in Indianapolis, Indiana, on May 2, 2022. Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. Facilities Management is Tech24's eighth add-on acquisition in the highly fragmented foodservice repair and maintenance market. Financial terms were not disclosed.
Company Info
Location
Washington, District Of Columbia, United States
Company info
HCI Equity Partners is a lower middle market private equity firm focused on partnering with family and founder owned distribution, manufacturing, and service companies. HCI is headquartered in Washington, DC. For more information, please visit www.hciequity.com.