Rite-Air Mechanical Services
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Rite-Air Mechanical Services - overview
Established
1991
Location
-, NJ-New Jersey, US
Primary Industry
Industrial Machinery
About
Rite-Air Mechanical Services is a specialized provider of comprehensive HVAC/R solutions, dedicated to serving commercial clients with installation, repair, and maintenance of climate control systems across various sectors. Founded in 1991, Rite-Air Mechanical Services specializes in HVAC/R solutions. The company has evolved over time and was acquired in December 2014 by Roundwood Capital, Bay Capital Investment Partners, and Pine Street Capital Partners for an undisclosed amount. The current CEO is Brian Pomarici, who brings substantial experience from previous ventures in the industry.
Headquartered in the US, Rite-Air primarily operates in Delaware and New Jersey, particularly in metropolitan areas like Wilmington and Philadelphia. Rite-Air Mechanical specializes in the provision of comprehensive HVAC/R services, focusing on commercial air conditioning, heating, and refrigeration solutions. Their core offerings include installation, repair, and maintenance of HVAC/R systems, ensuring reliable climate control for various sectors. The company serves a diverse client base, including grocery stores, convenience stores, restaurants, healthcare facilities, and non-commercial foodservice operations.
Rite-Air Mechanical operates in the Mid-Atlantic region of the United States, with licensed technicians skilled in both new installations and the complexities of older rooftop systems. Rite-Air Mechanical generates revenue through direct B2B transactions with its commercial clients. The company's business model includes service contracts for regular maintenance, emergency repairs, and installation projects, structured as one-time fees or recurring subscriptions depending on service agreements. Clients engage with Rite-Air for timely HVAC/R solutions that minimize equipment downtime.
Their pricing reflects the comprehensive nature of services including HVAC systems and refrigeration unit installations, alongside maintenance services designed to enhance longevity and performance. Rite-Air Mechanical plans to utilize insights gained from their recent acquisition to expand their service offerings and improve operational efficiency. They aim to launch innovative HVAC products and services by the end of 2025, targeting new markets in the southeastern regions of the United States. The strategic use of funding acquired through the latest deal in December 2014 will support these growth initiatives and enhance their market presence.
Current Investors
Pine Street Capital Partners, Bay Capital Investment Partners, Roundwood Capital
Primary Industry
Industrial Machinery
Sub Industries
Heating, Cooling & Ventilation Equipment and Services, Industrial Machinery
Website
www.riteairmechanical.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Rite-Air Mechanical Services - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Rite-Air Mechanical Services | - |
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Rite-Air Mechanical Services - employee data


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