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Add-on acquisition Sep 2022 · Southwest Tennessee / Northern Mississippi (Southeast U.S.) Verified

Tech24 (HCI Equity Partners-backed) acquires Allied Service Group — 12th add-on

Tech24, backed by HCI Equity Partners, acquired Allied Service Group, a foodservice and commercial HVAC repair provider in TN/MS. It is Tech24's twelfth add-on acquisition in the foodservice repair and maintenance market, expanding the platform into the Southeast.

“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.”

Entities

Allied Service Group · Target HCI Equity Partners · Sponsor Quarles and Brady · Advisor Tech24 · Platform
HVACRefrigeration

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