HCI-backed Tech24 acquires commercial kitchen and HVAC repair firm TEMCO

• Tech24 is a provider of repair and maintenance services for foodservice and commercial HVAC equipment
• HCI Equity Partners backs lower middle market distribution, manufacturing and service companies
• HCI is headquartered in Washington, DC

Tech24, backed by HCI Equity Partners, has acquired Jackson, Mississippi-based TEMCO Inc, a provider of repair and maintenance services for commercial kitchen and HVAC equipment. No financial terms were disclosed.

Tech24 is a provider of repair and maintenance services for foodservice and commercial HVAC equipment.

“We are thrilled to welcome TEMCO to the Tech24 organization,” said Dan Rodstrom, CEO of Tech24, in a statement. “The combination of our companies allows us to enter the rapidly growing Southeastern market and extend our well-known services to a broader set of customers. We look forward to working with Duane Griffin, Mike Reed and the entire TEMCO organization.”

Quarles and Brady served as legal counsel to Tech24.

HCI Equity Partners is a lower market private equity firm focused on partnering with family and founder-owned distribution, manufacturing and service companies. HCI is headquartered in Washington, DC.