Crete United
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Crete United - overview
Established
2020
Location
Charlotte, NC, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Founded in 2020 and based in North Carolina, US, Crete Mechanical Group, Inc. , doing business as Crete United, is a commercial HVAC, electrical, plumbing, and building automation company. The company was founded by Jake Sloane and Frank Zhang. In June 2022, Ridgemont Equity Partners invested in Crete Mechanical Group.
As of 2024, the company is led by its CEO, Michael Cox. Crete United offers HVAC (heating, ventilation, and air conditioning), electrical, plumbing, and building automation services to clients in the commercial, industrial, government, healthcare, and education sectors. The company offers a variety of services, including energy and sustainability advisory services, maintenance and service, design-build and installation, funding advisory services, water management services, and LED lighting services.
Current Investors
Ridgemont Equity Partners
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Facilities & Maintenance Services, Water & Sewer Utilities, Heating, Cooling & Ventilation Equipment and Services
Website
www.cretemechanical.com
Company Stage
Mature - Growth Capital
Total Amount Raised
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Crete United - 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 | C&C Service LLC | - | ||||||||
| Add-on | Completed | American Legacy Construction Group Inc. | - | ||||||||
| Add-on | Completed | Loellke Plumbing, Inc. | - | ||||||||
| Add-on | Completed | AC Corporation | - | ||||||||
| Add-on | Completed | Reilly Electrical Contractors, Inc. | - |
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Crete United - employee data
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