Lower-middle-market private equity firm Huron Capital Partners has, through its HVAC and plumbing installation, retrofit and repair services platform, Pueblo Mechanical & Controls, acquired Central Air & Heating Service Inc., in a transaction that expands the company’s presence into South Texas.
Family owned and operated since 1972, Harlingen, Texas-based CAHS provides schools, businesses and other institutions with the installation, repair and replacement of air conditioning and heating systems throughout the Rio Grande Valley.
“With the addition of CAHS, we will significantly expand our presence in Texas, providing us with the ability to serve the entire the state,” said Pueblo CEO Dan Bueschel. “We are excited to welcome another strong team of industry experts into our growing company.”
“I am proud of how far our company has come. Now, by joining forces with Pueblo, we will be able to expand our range of services and have access to greater resources,” said CAHS owner and president Frank Matz, who will remain with the company and continue to oversee CAHS. “This transaction will benefit our customers and will provide exciting new opportunities for our employees to advance in their field.”
“We continue to see growing demand – especially across the Sun Belt – for HVAC services and Pueblo, with Dan’s leadership, has been growing rapidly to meet those needs,” said Huron Capital partner Scott Hauncher. “With the addition of Fort Worth-based Infinity Contractors in June and CAHS this month, Pueblo has quickly moved into Texas and will continue to explore a number of additional opportunities there and in other southern states.”