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Cortec Group

Verified

Pe Firm

US

Growth recapitalization of Goettl Air Conditioning & Plumbing Dec 2021 (Fund VII).

Headquarters: US (outside the US map).

Ownership map

Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.

Ownership

Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.

Market signals

Acquisition history

Acquisition timeline202120222023202420252021 · Recapitalization → Goettl Air Conditioning & Plumbing (verified)2025 · Majority stake → A1 Garage
2 recorded deals, 2021–2025verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: 1 acquired companies California: no recorded acquired companies Colorado: no recorded acquired companies Connecticut: no recorded acquired companies District of Columbia: no recorded acquired companies Delaware: no recorded acquired companies Florida: no recorded acquired companies Georgia: no recorded acquired companies Hawaii: no recorded acquired companies Iowa: no recorded acquired companies Idaho: no recorded acquired companies Illinois: no recorded acquired companies Indiana: no recorded acquired companies Kansas: no recorded acquired companies Kentucky: no recorded acquired companies Louisiana: no recorded acquired companies Massachusetts: no recorded acquired companies Maryland: no recorded acquired companies Maine: no recorded acquired companies Michigan: no recorded acquired companies Minnesota: no recorded acquired companies Missouri: no recorded acquired companies Mississippi: no recorded acquired companies Montana: no recorded acquired companies North Carolina: no recorded acquired companies North Dakota: no recorded acquired companies Nebraska: no recorded acquired companies New Hampshire: no recorded acquired companies New Jersey: no recorded acquired companies New Mexico: no recorded acquired companies Nevada: 1 acquired companies New York: no recorded acquired companies Ohio: no recorded acquired companies Oklahoma: no recorded acquired companies Oregon: no recorded acquired companies Pennsylvania: no recorded acquired companies Rhode Island: no recorded acquired companies South Carolina: no recorded acquired companies South Dakota: no recorded acquired companies Tennessee: no recorded acquired companies Texas: no recorded acquired companies Utah: no recorded acquired companies Virginia: no recorded acquired companies Vermont: no recorded acquired companies Washington: no recorded acquired companies Wisconsin: no recorded acquired companies West Virginia: no recorded acquired companies Wyoming: no recorded acquired companies
  1. 1. Arizona 1
  2. 2. Nevada 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Cortec Group acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Related news

  • cortecgroup.com· May 19, 2026

    This article from Cortec Group's website provides a portfolio listing of the firm's investments since inception, noting it has acquired approximately 60 middle-market platforms and completed over 160 add-on acquisitions. The list includes companies such as Four Seasons Heating & Air Conditioning, Goettl, Groundworks, and A1 Garage Door Service, categorized by fund, ownership status, and sector. No specific deal or transaction is announced in this article.

  • xlcspartners.com· Oct 18, 2024

    XLCS Partners advised Advantage Plumbing & Sewer (APS) on its sale to Four Seasons, a portfolio company of Cortec Group. The transaction closed on June 26, 2023. APS provides residential and commercial plumbing and sewer services in Elgin, IL, while Four Seasons is a leading HVAC, plumbing, and electrical services provider in the Chicagoland area.

  • cortecgroup.com· Dec 22, 2022

    Cortec Group announced a growth recapitalization of A1 Garage Door Service Holdings, Inc., partnering with founder and CEO Tommy Mello and management. The transaction was completed on December 22, 2022, by an affiliated investment group led by Cortec Group Fund VII. Terms were not disclosed. A1 is a market leader in residential garage door services, serving 25 markets across the U.S.

  • cortecgroup.com· Nov 18, 2022

    Cortec Group announced a growth recapitalization of Four Seasons Heating & Air Conditioning, a residential HVAC, plumbing, and electrical services provider in Chicago. The partnership, led by Cortec Group Fund VII, aims to support organic growth and acquisitions. Founder and CEO Dave Musial retains a significant ownership stake. Terms were not disclosed.

  • cortecgroup.com· Dec 10, 2021

    Cortec Group announced that an affiliated investment group led by Cortec Fund VII completed a growth recapitalization of Goettl Home Services, a residential HVAC and plumbing services provider. Terms were not disclosed. The partnership aims to support Goettl's organic growth and acquisition pipeline.

  • cortecgroup.com

    Cortec Group announced that Groundworks, in which Cortec made a significant growth capital investment in January 2020, received a significant investment from funds managed by KKR as part of a new strategic partnership. Cortec will remain an important shareholder in the Company and member of its board of directors. Terms of the transaction were not disclosed.

  • peprofessional.com· Jan 11, 2023

    Cortec Group has entered the garage door repair sector through an investment in A1. The investment was made through Cortec's seventh fund, with senior debt provided by an undisclosed lender. A1's owner expressed confidence in Cortec's expertise and track record in residential services.

  • thirdcoastca.com

    Third Coast Capital Advisors represented Four Seasons in its acquisition of Regional Plumbing. The article does not mention Cortec Group or any connection to it.

  • pehub.com

    Cortec Group has invested in Four Seasons, an HVAC services firm. Four Seasons CEO Dave Musial will continue to lead the business and maintain a significant ownership stake alongside Cortec.

  • pehub.com

    Baum Capital Partners has sold Goettl Home Services to Cortec Group, according to PE Hub.