M&A Deal Summary

Tech24 Acquires Total Mechanical Repair Services

On May 24, 2023, Tech24 acquired business services company Total Mechanical Repair Services

Acquisition Highlights
  • This is Tech24’s 16th transaction in the Business Services sector.
  • This is Tech24’s 16th transaction in the United States.
  • This is Tech24’s 2nd transaction in Mississippi.

M&A Deal Summary

Date 2023-05-24
Target Total Mechanical Repair Services
Sector Business Services
Buyer(s) Tech24
Deal Type Add-on Acquisition
Advisor(s) Quarles & Brady (Legal)

Target

Total Mechanical Repair Services

Brookhaven, Mississippi, United States
Total Mechanical Repair Services is a provider of repair services, preventative maintenance, and installation for commercial kitchens, serving Southern Mississippi and Louisiana. The Company specializes in servicing hot and cold side equipment and HVAC repair, primarily in restaurants and convenience stores. TMR is based in Brookhaven, 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 16 of 18
Sector (Business Services) 16 of 18
Type (Add-on Acquisition) 16 of 18
State (Mississippi) 2 of 2
Country (United States) 16 of 18
Year (2023) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-21 CKR

Quakertown, Pennsylvania, United States

CKR is a provider of repair services, preventative maintenance, and installation for commercial cooking equipment in restaurants, schools, hospitals, and grocery stores in the greater Philadelphia and Lehigh Valley area as well as Southwest New Jersey. CKR is based in Quakertown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-29 Harris Warren Commercial Kitchen Service

West Yarmouth, Massachusetts, United States

Harris Warren Commercial Kitchen Service is a provider of repair services, preventative maintenance and installation for commercial kitchens in the Cape Cod area. The Company specializes in servicing hot and cold side equipment primarily to restaurant and hospitality customers. Harris Warren Commercial Kitchen Service is based in West Yarmouth, Massachusetts.

Buy -