M&A Deal Summary

Tech24 Acquires TEMCO

On July 25, 2022, Tech24 acquired business services company TEMCO

Acquisition Highlights
  • This is Tech24’s 10th transaction in the Business Services sector.
  • This is Tech24’s 10th transaction in the United States.
  • This is Tech24’s 1st transaction in Mississippi.

M&A Deal Summary
Date 2022-07-25
Target TEMCO
Sector Business Services
Buyer(s) Tech24
Deal Type Add-on Acquisition

Target

TEMCO

Jackson, Mississippi, United States
TEMCO is a provider of repair and maintenance services for commercial kitchen and HVAC equipment, with a large focus on hot and cold side equipment services to customers in Jackson and the Gulf Coast area. TEMCO is based in Jackson, Mississippi.

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Buyer(S) 1

Buyer

Tech24

Greenville, South Carolina, United States
Category Company
Founded 1982
Sector Business Services
DESCRIPTION

Tech24 is an installation, preventative maintenance, and repair company specializing in foodservice facilities. The company specializes in cooking, refrigeration, beverage, and specialty foodservice equipment. In select markets, it also performs HVAC, Electrical, and Plumbing services. Tech24 was formed in 1982 and is based in Greenville, South Carolina.

DEAL STATS #
Overall 10 of 18
Sector (Business Services) 10 of 18
Type (Add-on Acquisition) 10 of 18
State (Mississippi) 1 of 2
Country (United States) 10 of 18
Year (2022) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-04 Peltz Services

South Bend, Indiana, United States

Peltz Services is a complete and total service company that offers Heating, Plumbing, Cooling, Restaurant Equipment, and Refrigeration services. Peltz Services is based in South Bend, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-26 Arrowhead Commercial Equipment

Glendale, Arizona, United States

Arrowhead Commercial Equipment is a provider of repair services, preventative maintenance, and installation for food service and refrigeration equipment. Arrowhead provides both hot and cold-side service for customer segments including restaurants, grocery stores, country clubs, and senior care facilities. Arrowhead Commercial Equipment is based in Glendale, Arizona.

Buy -
Mergr

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