- On October 5, 2021
Technical Consultants, Inc. (“TECH”) has been acquired by a DRC (“Buyer”). This transaction is the successful culmination of an inspired sales process spearheaded by First Street Acquisitions to identify a partner who valued the business and would support the loyal customers and excellent employees.
TECH is a second-generation family-owned business and a leader in air and water systems for commercial and residential buildings and complexes. They work principally in New England with employees based in Maine, New Hampshire, Massachusetts, and Rhode Island. Their customers are General Contractors, Specialty Contractors and End-Users.
The owner was seeking the best buyer to support his current staff and customers while looking for someone to grow the company to it potential. With First Street’s guidance and effort, TECH found the right buyer and structured the transaction to be seamless for its employees and customers.
First Street Acquisition provides Merger and Acquisitions advisory services to emerging and middle market businesses and owners.