HVAC/Contracting Services Firms Merge with Financial Advisors Assistance

Mechanical Engineering & Construction Corporation (MEC2), a fullservice mechanical engineering and construction firm, was recently acquired by CoolSys, a marketleading provider of sustainable refrigeration, HVAC, energy, and engineering solutions. MEC2, with its dedicated team and excellent track record in commercial mechanical engineering and construction, will now benefit from CoolSys expanded resources and capabilities, as stated by MEC2 Principal Fred Kawa.

The funding from this acquisition will be used to further enhance MEC2s services and expand its geographical reach. The funding round was led by HORNE Capital, a mergers and acquisitions advisory firm that provided exclusive financial advisory services to MEC2 throughout the transaction process. The investors involved in the funding round were not explicitly mentioned in the press release.

Aside from the financial aspects, the MEC2 team expressed their enthusiasm for the merger with CoolSys, highlighting the unique partnership it brings to the industry. The successful acquisition reflects the culmination of years of hard work by MEC2 owners Fred Kawa and Rich Beattie, demonstrating their commitment to continued success in the HVAC and contracting services sector.

Additional Relevant Information:
MEC2 provides services in Maryland and Virginia, specializing in mechanical engineering, construction, and HVAC maintenance.
The merger with CoolSys aims to leverage MEC2s expertise and CoolSys resources for enhanced client services.
The merger was facilitated by HORNE Capital, showcasing their role as lead advisor in the transaction process.

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