Madison Dearborn-backed Hobbs & Associates completes multiple HVAC acquisitions

PE sponsor Madison Dearborn Partners and its portfolio company Hobbs & Associates completed several acquisitions of regional commercial/industrial HVAC rep and engineering firms to expand across the Northeast, Mid-Atlantic, and Southeast.

“Hobbs & Associates, which provides HVAC products and engineering services for commercial and industrial buildings, and investment partner Madison Dearborn Partners have completed several acquisitions that expand Hobbs’s geographic footprint and capabilities across the Northeast, Mid-Atlantic, and Southeast regions of the U.S.”

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