Add-on Acquisition • Business Services

TriplePoint Acquires PAS

On September 1, 2023, TriplePoint acquired business services company PAS

Acquisition Context
  • This is TriplePoint’s 3rd transaction in the Business Services sector.
  • This is TriplePoint’s 3rd transaction in the United States.
  • This is TriplePoint’s 1st transaction in North Carolina.

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M&A Deal Summary

Date September 1, 2023
Target PAS
Sector Business Services
Buyer(s) TriplePoint
Deal Type Add-on Acquisition

Target Company

PAS

Rural Hall, North Carolina, United States
PAS provides HVACR retrofit and service in the healthcare, education, and government / municipal end markets. PAS is based in Rural Hall, North Carolina.
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Buyer Overview 1

Buyer

TriplePoint

Houston, Texas, United States

Category Company
Sector Consumer Services
DESCRIPTION

TriplePoint is a provider of HVACR installations, maintenance, repair, design, and consulting services to commercial clients across a ten-plus state footprint in the Midwest and Southeast regions. TriplePoint is based in Houston, Texas.


Deal Context for Buyer #
Overall 3 of 3
Sector: Business Services 3 of 3
Type: Add-on Acquisition 3 of 3
State: North Carolina 1 of 1
Country: United States 3 of 3
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-01 Polk

United States

Polk is a provider of mechanical contracting services to customers in key Texas growth markets including Dallas, Houston, Austin, and San Antonio, with a primary focus on the healthcare and data-center end-markets

Buy -