PE Deals

Huron Capital-backed Pueblo Mechanical & Controls acquires HVAC firm ProCraft

The acquisition of ProCraft is Pueblo’s eighth add-on acquisition in the last 10 months and the 14th overall for the company.

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  • In 2017, Huron Capital acquired Pueblo
  • Founded in Detroit in 1999, Huron Capital invests in middle-market companies
  • Huron Capital has invested in over 250 companies

Pueblo Mechanical & Controls, which is backed by Huron Capital Partners, has acquired ProCraft Mechanical, a Broomfield Colorado-based HVAC service provider. No financial terms were disclosed.

ProCraft has been operating in the Denver area for more than 40 years and has a team of more than 75 employees.

“ProCraft represents an ideal fit for Pueblo’s business model and our strategy – a new market entrance in Colorado complemented by a strong management team to guide our entry into the Denver area,” said Dan Bueschel, CEO of Pueblo, in a statement. “Our partnership with Huron Capital has been a huge growth driver for the business, through their ability to identify target markets that are critical for growth and to find the right partners to support Pueblo’s growth.”

The acquisition of ProCraft is Pueblo’s eighth add-on acquisition in the last 10 months and the 14th overall for the company. In 2017, Huron Capital acquired Pueblo.

Founded in Detroit in 1999, Huron Capital invests in middle market companies. Huron Capital has invested in over 250 companies.

Pueblo Mechanical & Controls was founded in 2001.