January, 2019

Third Coast Capital Advisors served as exclusive financial advisor to Pueblo Mechanical & Controls, a portfolio company of Huron Capital Partners, in its acquisition of CFM Mechanical. Our Acquisition Search services included identifying the target and making contact with its owner. This transaction represents the third acquisition that we have sourced and closed for Pueblo Mechanical in the last three months and is a good example of our ability to identify and execute proprietary, strategic add-on acquisitions for private equity portfolio companies.

CFM Mechanical, based in Phoenix, AZ, is the recognized market-leader in HVAC solutions for tenant improvement customers. CFM provides service, retrofit and installation of HVAC systems to Arizona's commercial properties industry. The company has direct customer relationships with many property owners and managers and its expertise in the tenant improvement area broadens Pueblo's offerings in the expanding Arizona market.

Pueblo Mechanical & Controls, based in Phoenix, Arizona, provides a broad offering of HVAC maintenance, replacement, retrofit, repair, and installation services for commercial facilities, school districts, governmental agencies, and municipalities. Huron Capital formed Pueblo to pursue a buy-and-build strategy in the commercial HVAC market in the Southwestern United States. Pueblo has made three acquisitions and is seeking other add-on acquisition opportunities in Arizona and the surrounding states, including Texas, Colorado, New Mexico and Utah, to fuel growth moving forward.