New State Capital makes majority investment in Harrell-Fish (Fund IV first platform)

New State Capital Partners made a majority investment in Bloomington, Indiana mechanical contractor Harrell-Fish Inc., its Fund IV's first platform investment, with existing owners retaining significant ownership. The deal targets HVAC and plumbing roll-up growth.

“New State Capital Partners has made a majority investment in Harrell-Fish Inc. (HFI), a Bloomington, Indiana-based mechanical contractor specializing in HVAC and plumbing installation, retrofit, and maintenance services.”

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