Alliance Mechanical Services, Inc.
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Alliance Mechanical Services, Inc. - overview
Established
1980
Location
-, IL, US
Primary Industry
Business Support Services
About
Alliance Mechanical Services, Inc. specializes in providing maintenance, installation, and service for commercial HVAC, refrigeration, and cooking equipment across various sectors. Founded in 1980 in the United States, Alliance Mechanical Services, Inc. is focused on the maintenance and service of commercial mechanical systems.
The company was acquired by Foodservice Technologies Inc. , a portfolio company of HCI Equity Partners, in March 2021, though the financial terms of the transaction were not disclosed. Alliance Mechanical Services specializes in the maintenance, installation, and service of commercial HVAC, refrigeration, and cooking equipment. Their core offerings include expert service and support for equipment such as walk-in coolers, freezers, process chillers, and comprehensive cooking lines.
The company aims to optimize the functionality of heating and cooling systems, addressing the efficiency and reliability challenges faced by businesses in sectors including food service, hospitality, healthcare, and education. With a commitment to operational efficiency, they provide 24/7 support to a diverse client base throughout Northern Illinois and beyond. Alliance Mechanical Services generates revenue through a structured array of services that includes emergency repairs, maintenance programs, and installation projects. Operating on a B2B model, the company serves commercial clients across multiple sectors, engaging them for immediate support or scheduled preventative maintenance.
Service transactions often involve fixed pricing for routine maintenance and emergency repairs, with opportunities for ongoing maintenance contracts that foster long-term customer relationships. This combination of emergency and scheduled services enables a diverse revenue stream, highlighting the company's critical role in ensuring the functionality of essential commercial equipment. The acquisition by Foodservice Technologies Inc. aims to expand its geographic footprint and enhance its cold-side offerings.
As part of future growth, the company may explore new product lines or service enhancements, although specific new products or release dates have not been mentioned. The recent acquisition is anticipated to support these initiatives, facilitating entry into new markets and regions aligned with the parent company's strategic objectives.
Current Investors
Tech24
Primary Industry
Business Support Services
Sub Industries
Facilities & Maintenance Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.alliancemech.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Alliance Mechanical Services, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Alliance Mechanical Services, Inc. | - |
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