M&A Deal Summary

Crete United Acquires Hartwig

On November 18, 2024, Crete United acquired construction company Hartwig

Acquisition Highlights
  • This is Crete United’s 2nd transaction in the Construction sector.
  • This is Crete United’s 5th transaction in the United States.
  • This is Crete United’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-11-18
Target Hartwig
Sector Construction
Buyer(s) Crete United
Deal Type Add-on Acquisition

Target

Hartwig

Harvard, Illinois, United States
Hartwig is a full-service commercial and industrial mechanical contractor, serving the Northern Illinois, the North Side of Chicago, and Southern Wisconsin areas. Hartwig was formed in 1958 and is based in Harvard, Illinois.

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Buyer(S) 1

Buyer

Crete United

Charlotte, North Carolina, United States
Category Company
Sector Business Services
DESCRIPTION

Crete United is a provider of HVAC, electrical, plumbing, and building automation services to commercial, industrial, multi-family, government, healthcare, education, and other end markets. Crete United is based in Charlotte, North Carolina.

DEAL STATS #
Overall 5 of 5
Sector (Construction) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (Illinois) 1 of 1
Country (United States) 5 of 5
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-19 ProStar Energy Solutions

Frisco, Texas, United States

ProStar Energy Solutions is a provider of HVAC optimization, patented IoT- and AI-powered controls and monitoring, and energy procurement services. ProStar Energy Solutions is based in Frisco, Texas.

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