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Add-on acquisition Sep 2022 · Tennessee, USA Verified

Tech24 (HCI Equity Partners) acquires Allied Service Group

Tech24, backed by HCI Equity Partners, acquired Allied Service Group, a foodservice and HVAC equipment repair provider in Southwest Tennessee and Northern Mississippi. It was Tech24's twelfth add-on acquisition in the foodservice repair and maintenance market.

“Tech24, backed by HCI Equity Partners, announced that it acquired Allied Service Group on September 23, 2022. Tech24 is a national provider of repair and maintenance services for foodservice and commercial HVAC equipment. Allied is Tech24’s twelfth add-on acquisition in the foodservice repair and maintenance market. Financial terms were not disclosed.”

Entities

Allied Service Group · Target HCI Equity Partners · Sponsor Tech24 · Platform
HVACRefrigeration
Source: www.achrnews.com

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