M&A Deal Summary

Nextech Acquires Patriot Mechanical

On November 16, 2021, Nextech acquired business services company Patriot Mechanical

Acquisition Highlights
  • This is Nextech’s 2nd transaction in the Business Services sector.
  • This is Nextech’s 2nd transaction in the United States.
  • This is Nextech’s 1st transaction in Maine.

M&A Deal Summary
Date 2021-11-16
Target Patriot Mechanical
Sector Business Services
Buyer(s) Nextech
Deal Type Add-on Acquisition

Target

Patriot Mechanical

Gorham, Maine, United States
Patriot Mechanical is a provider of HVAC repair and maintenance services, such as heating, air conditioning, plumbing, and refrigeration in commercial and residential applications. Patriot Mechanical was founded in 2007 and is based in Gorham, Maine.

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Buyer(S) 1

Buyer

Nextech

Melbourne, Florida, United States
Category Company
Founded 1992
Sector Business Services
DESCRIPTION

Nextech is a provider of commercial HVAC repair, maintenance, and installation services. Nextech was founded in 1992 and is based in Melbourne, Florida.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Maine) 1 of 1
Country (United States) 2 of 2
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Arctic Services

Henderson, Nevada, United States

Arctic Services is a full-service design-build commercial/industrial refrigeration and air conditioning contractor. Arctic Services was founded in 2006 and is based in Henderson, Nevada.

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