Add-on Acquisition • Business Services

Air Temp Mechanical Services Acquires TESCO

On September 1, 2023, Air Temp Mechanical Services acquired business services company TESCO

Acquisition Context
  • This is Air Temp Mechanical Services’ 3rd transaction in the Business Services sector.
  • This is Air Temp Mechanical Services’ 4th transaction in the United States.
  • This is Air Temp Mechanical Services’ 4th transaction in Connecticut.

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M&A Deal Summary

Date September 1, 2023
Target TESCO
Sector Business Services
Buyer(s) Air Temp Mechanical Services
Deal Type Add-on Acquisition

Target Company

TESCO

Bloomfield, Connecticut, United States
TESCO is a commercial HVAC and plumbing design, installation, and service company in the greater Hartford region. TESCO was formed in 1964 and is based in Bloomfield, Connecticut.
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Buyer Overview 1

Buyer

Air Temp Mechanical Services

Berlin, Connecticut, United States

Category Company
Founded 1978
Sector Business Services
DESCRIPTION

Air Temp Mechanical Services is a HVAC service providers. Air Temp Mechanical Services operates as a full-service mechanical contractor with an emphasis on design-build, service, maintenance, controls, retrofits, replacements, and energy management systems. Air Temp Mechanical Services was founded in 1978 and is based in Berlin, Connecticut.


Deal Context for Buyer #
Overall 4 of 4
Sector: Business Services 3 of 3
Type: Add-on Acquisition 4 of 4
State: Connecticut 4 of 4
Country: United States 4 of 4
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-07 Hipoint Heating & Cooling

South Windsor, Connecticut, United States

Hipoint Heating & Cooling is a regional commercial HVAC service company. Hipoint Heating & Cooling was founded in 1991 and is based in South Windsor, Connecticut.

Buy -