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Completed Transactions > Business Services > Modern Heating and Air Conditioning has been acquired by Service Logic

Modern Heating and Air Conditioning has been acquired by Service Logic

Modern Heating and Air Conditioning

Date

Aug 2015

Region

Minnesota

Generational Capital Markets, Inc., member FINRA/SIPC, ("GCM") an advisor to privately-held businesses for mergers & acquisitions, is pleased to announce the acquisition of its client, Modern Heating and Air Conditioning, Inc. (Modern), headquartered in Minneapolis, Minnesota, by MSHC, Inc. dba Service Logic, headquartered in Denver, Colorado. The transaction closed on August 6, 2015.

Modern provides HVAC mechanical services for commercial, industrial, medical, retail, office, education, and government buildings. For over 50 years Modern has been the expert in commercial heating, ventilation, and air conditioning in its region. To learn more, visit www.modernhtg.com.

Vice President, Phil Pizzurro, led the GCM deal team that advised Modern on the transaction. "The management team at Modern did an excellent job of building a successful business and Service Logic is the perfect partner from both a cultural and strategic perspective. We are proud to have played a role in this success story," Phil Pizzurro commented.

Service Logic is one of the largest independent energy and HVAC mechanical services companies in the United States servicing over 12,000 clients in 14 states within the commercial, industrial, and institutional real estate markets. Learn more by visiting www.servicelogic.com.

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