GLENVIEW, Ill., Oct. 9, 2019 /PRNewswire/ -- Reedy
Industries, a leader in commercial HVAC and mechanical services,
has purchased the assets of First Point Mechanical Services in
Rolling Meadows, IL. First Point
will be an additional platform company to Reedy's existing
Chicago business.
First Point Mechanical Services is known throughout Chicagoland
for their high-quality service, maintenance, installation, repair,
and replacement of HVAC and mechanical equipment.
"First Point is going to be a strong platform company for us,"
says Jack Deichl, President of Reedy
Industries. "They have a similar culture and focus as the rest of
our companies in Chicago, and I am
looking forward to integrating future acquisitions into Rich's
organization."
First Point is Reedy Industries' fourth mechanical services
platform company in Chicago in
addition to General Mechanical in Roselle, RMC Mechanical in Wood Dale, and Southwest Town Mechanical in
Frankfort.
"The Reedy Industries companies are so similar to ours," says
First Point CEO Rich Parlier, who
will stay on to manage the business. "This is going to be a great
fit for our team, and we're looking forward to continued growth as
a part of Reedy."
First Point Mechanical Services is the fifth acquisition for
Reedy Industries in 2019. Over the last three years, Reedy
Industries has acquired twelve mechanical services companies,
including Just Service Inc. in Milwaukee and AIRmasters in Springfield, IL.
"First Point is everything we're looking for in an acquisition,"
says Bill Reedy, Chair of the Board
for Reedy Industries. "They're helping us add density, services,
accounts, and scale. There's no loss of continuity because Rich and
the management team will continue to lead First Point as a
standalone platform. They can focus on their work and we can focus
on supporting them."
Reedy Industries serves critical environments in the commercial
and industrial market spaces by focusing on HVAC and mechanical
services and solutions. Reedy Industries is actively expanding the
services it provides within the building envelope and is doing so
through both organic and acquisition-related means. Reedy
Industries is a 90-year-old company and is headquartered in
Glenview, IL, just outside
Chicago.
Media Contact
Ian Philpot
Director of Marketing, Reedy Industries
2440 Ravine Way Ste 200, Glenview,
IL 60025
iphilpot@reedyindustries.com
(847) 832-2323
Related Images
reedy-industries-acquires-first.png
Reedy Industries Acquires First Point Mechanical
Services
Related Links
Reedy Industries Website
First Point Mechanical Services Website
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SOURCE Reedy Industries