hvacrollups.com
← Companies

Partners Group

Verified

Pe Firm

CH

Acquired PremiStar (formerly Reedy Industries) July 2021 (~$1B EV); Audax retained minority.

Headquarters: CH (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 map for Partners GroupDivestedDivestedDivestedFormerly Known AsPart OfPart Ofbacked bybacked bybacked bybacked bybacked bybacked bymerged withparent ofparent ofparent ofparent ofparent ofrolled up intorolled up intorolled up intorolled up intorolled up intoAlltemp: PlatformALAlltempAlltemp Products Co. Ltd.: Operating CompanyAlltemp Products Co. …Armacell: PlatformARArmacellArmistead Mechanical, Inc.: Operating CompanyAMArmistead Mechanical,…Artiplastic: Operating CompanyArtiplasticAudax Group: Pe FirmAGAudax GroupAudax Private Equity: Pe FirmAudax Private EquityBear Mountain Mechanical: Operating CompanyBMBear Mountain Mechani…Big Goose: Operating CompanyBig GooseBlackstone: Pe FirmBlackstoneCMS: PlatformCMCMSCastel Engineering: Operating CompanyCastel EngineeringChoice Mechanical: Operating CompanyChoice MechanicalCielo: Operating CompanyCieloCielo Thermostats: Operating CompanyCielo ThermostatsCliplight: Operating CompanyCLCliplightCliplight Manufacturing: Operating CompanyCMCliplight Manufacturi…Cliplight Mfg. Co.: Operating CompanyCMCliplight Mfg. Co.Colorado Mechanical Systems: Operating CompanyColorado Mechanical S…Conditioned Air: PlatformCAConditioned AirDe Xu: Operating CompanyDXDe XuDiversiTech: PlatformDIDiversiTechEncom: Operating CompanyEncomEntek Solutions: Operating CompanyESEntek SolutionsFresh-Aire UV: PlatformFresh-Aire UVGIA: Operating CompanyGIAGlobal Mechanical Services: Operating CompanyGMGlobal Mechanical Ser…Hays Service: Operating CompanyHays ServiceHilmor: Operating CompanyHilmorInvestcorp: Pe FirmINInvestcorpLippert Mechanical: PlatformLMLippert MechanicalMechanical Service & Systems: Operating CompanyMSMechanical Service & …Mercury Mechanical: Operating CompanyMMMercury MechanicalNiccons: Operating CompanyNINicconsNiccons Italy Srl: Operating CompanyNINiccons Italy SrlPackard Inc.: PlatformPIPackard Inc.Partners Group: Pe FirmPGPartners GroupPermira: Pe FirmPEPermiraPoliPex: Operating CompanyPOPoliPexPolymer Adhesives: Operating CompanyPAPolymer AdhesivesPremiStar: PlatformPRPremiStarPro1 Thermostats: Operating CompanyPTPro1 ThermostatsPump House: Operating CompanyPHPump HouseQuick-Sling LLC: Operating CompanyQuick-Sling LLCRC Mechanical Services Corp.: Operating CompanyRMRC Mechanical Service…Rapid Positioning Clips Ltd.: Operating CompanyRPRapid Positioning Cli…Reedy Industries: PlatformRIReedy IndustriesRodigas: Operating CompanyRodigasSmith Services: PlatformSSSmith ServicesSpeedClean: Operating CompanySpeedCleanSpin Tools: Operating CompanySpin ToolsStride Tool LLC: Operating CompanySTStride Tool LLCTB Concept Inc.: Operating CompanyTCTB Concept Inc.The Jordan Company: Pe FirmTJThe Jordan CompanyVorpa: Operating CompanyVorpaVorpagel Service Inc.: Operating CompanyVSVorpagel Service Inc.
Operating CompanyPe FirmPlatform

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 timeline2021202220232024202520262021 · Recapitalization → PremiStar (verified)2022 · Majority stake → Reedy Industries2026 · Majority stake → Mechanical Service & Systems
3 recorded deals, 2021–2026verifiedunverified

Acquisition footprint

US acquired companies by state Alaska: no recorded acquired companies Alabama: no recorded acquired companies Arkansas: no recorded acquired companies Arizona: no recorded 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: 1 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: no recorded 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: 1 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. Illinois 1
  2. 2. Utah 1
1–4 5–14 15–39 40–79 80+ no recorded acquired companies
Where the brands Partners Group acquired are headquartered, by US state. A count of targets, not a market-share claim.

Deals

Majority stake New Jun 2026

PremiStar Acquires Mechanical Service & Systems (MSS)

PremiStar → Mechanical Service & Systems
Recapitalization Jul 2021
Verified

Partners Group acquires Reedy Industries (now PremiStar)

Partners Group → PremiStar
$1B reported
Majority stake May 2022

Partners Group acquires Reedy Industries from Audax Private Equity

Partners Group → Reedy Industries

Related news

  • Partners Group to acquire leading US HVAC parts manufacturer and supplier, DiversiTechVerified
    partnersgroup.com Nov 17, 2021

    Partners Group has agreed to acquire DiversiTech, a leading US manufacturer and supplier of HVAC parts and accessories, from Permira at an enterprise value of USD 2.2 billion. Permira and management will retain minority stakes. Partners Group plans to support growth through new product development, M&A, and expanded manufacturing.

  • Audax Private Equity to Sell Reedy Industries to Partners GroupVerified
    businesswire.com Jul 27, 2021

    Audax Private Equity announced it has signed a definitive agreement to sell Reedy Industries, a commercial HVAC and building controls provider, to Partners Group. Audax will continue as an investor and remain on the board. Terms were not disclosed.

  • Audax Private Equity to Sell Reedy Industries to Partners GroupVerified
    audaxprivateequity.com Jul 1, 2021

    Audax Private Equity announced it has signed a definitive agreement to sell Reedy Industries, a commercial HVAC provider, to Partners Group. Audax will retain an investment and remain on the board. Terms were not disclosed. Since Audax's 2019 investment, Reedy grew through add-on acquisitions and geographic expansion.

  • Reedy Industries Acquires Tennessee's CS3 - PremiStarVerified
    premistar.com

    Reedy Industries, a portfolio company of Partners Group, has acquired CS3, a Tennessee-based provider of building automation, mechanical services, and HVAC solutions. The article states that CS3 is the fifteenth acquisition for Reedy Industries since 2019 and that John Jerkins will remain as president. The acquisition is part of Reedy's strategy to expand in the Southeast through add-on acquisitions.