The Situation
TPC Mechanical’s primary shareholder was looking to take some “chips off the table” and to solidify a 3–5-year retirement strategy, while also ensuring the continued success of the company for remaining family members involved in its operations.
Our Services
With management largely staying in place, Dinan Capital Advisors’ marketing process was broad, but heavily focused on financial buyers with PE-backed platforms. As TPC was founded less than five years ago and has experienced rapid growth, it was imperative to demonstrate credibility for the company’s projections, focusing on bidding strategies and expanding the geographic markets in which TPC operates.
Our Results
Dinan’s broad process identified a portfolio company looking to add to their platform of HVAC mechanical engineering companies. Drawn to TPC’s demonstrated growth, reputation in the market, and expanding geographic footprint, the seller received a preemptive bid for the company at an attractive valuation with favorable terms.
Learn More
Connect with Dinan Capital Advisors Managing Director Tom Gerlacher or Senior Vice President Alex Aldworth for further insight on this transaction.
We are excited with the outcome of this transaction and to be joining the Strada Family. Thanks to Dinan's dedication and expertise, we found the perfect partner for the Company's next chapter, satisfying both our vision and shareholder objectives.
