New State established mechanical-contracting platform with HFI in Dec 2025

New State Capital Partners established its mechanical contracting services platform with HFI in December 2025; the Ecofriendly deal, completed about four months later, is the platform's first strategic add-on.

“We established our mechanical contracting services platform with HFI just four months ago, and completing this strategic add-on acquisition so quickly underscores the compelling market opportunity.”

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