Trinity Hunt Partners’ Commercial HVAC Platform, NexCore, Partners with Sylvester & Cockrum
May 14 2024 - 6:00AM
Business Wire
Trinity Hunt Partners, a growth-oriented private equity firm, is
pleased to announce its commercial HVAC platform, recently branded
as NexCore, has partnered with Sylvester & Cockrum (S&C), a
leading provider of commercial HVAC system services across the
Southeastern United States. The S&C addition continues
NexCore’s momentum in the commercial HVAC services space, which
began with the platform’s initial investment in Alliance Group.
Under the NexCore banner, the platform remains focused on
partnering with like-minded businesses that provide
maintenance-driven HVAC, electrical, controls, plumbing,
mechanical, and other facility service solutions for commercial
clients. NexCore is built to support its partner operating
companies by investing heavily into people and technology and
cultivating an industry-leading culture that prioritizes employee
career growth and development.
“It has been gratifying to experience the traction NexCore has
gained thus far, as we have thoughtfully positioned ourselves in
the industry as a strategic partner who provides opportunities for
sustained growth with a ‘do no harm’ approach,” said NexCore CEO
Steve Knowles. “Our entire leadership team is honored to welcome
S&C to the NexCore platform. The company’s strong reputation
and demonstrated Southeastern market leadership fit perfectly
within our values and strategy.”
S&C provides commercial HVAC, plumbing, and electrical
services to customers across North Carolina, South Carolina,
Virginia, Georgia, and Tennessee, serving as a single-source
solution for facility maintenance and repair needs. The company's
expansive geographic footprint across the Southeast and experienced
leadership team provide opportunities to further build geographic
density in the Southeast as NexCore scales.
“This is an exceptional partnership that brings to bear exciting
resources for our team and customers,” said S&C President and
CEO Louis Broyles. “We are fortunate to have found the dedicated
leadership team at NexCore and partners in Trinity Hunt who are all
committed to upholding our distinguished culture as we execute on
the shared vision of adding to the platform’s geographic footprint
and service capabilities.”
“NexCore has undergone transformational growth since our initial
investment in Alliance through intentionally finding partners who
share our enthusiasm in building a best-in-class commercial HVAC
platform,” said Garrett Greer, Partner at Trinity Hunt. “We are
excited to welcome S&C into our partner company network at
NexCore. S&C embodies our commitment to high-quality service
and operational excellence while expanding our geographic footprint
into the Southeast.”
NexCore is actively seeking opportunities to expand its platform
with like-minded partner companies in the commercial HVAC industry.
For more information, please visit www.nxcus.com.
ABOUT NEXCORE
NexCore is a commercial HVAC services platform focused on
providing maintenance-driven HVAC, electrical, controls, plumbing,
mechanical, and other facility service solutions for commercial
clients across a diverse set of end markets. The platform's
comprehensive service offerings are backed by a strong reputation
for excellence in client service and delivery, paired with an
industry-leading culture. NexCore’s partner companies include
Alliance Group, Pratt & Smith, and Sylvester & Cockrum. For
more information, visit www.nxcus.com.
ABOUT SYLVESTER & COCKRUM
Established in 1985, Sylvester & Cockrum is a leading
provider of commercial HVAC, plumbing, and electrical services
across the Southeast. The company’s core focus on integrity and
quality of service for over 35 years has earned it a strong
reputation within the states that it operates, including North
Carolina, South Carolina, Virginia, Georgia, and Tennessee. For
more information, visit www.sylcoc.com
ABOUT TRINITY HUNT PARTNERS
Trinity Hunt Partners is a growth-oriented private equity firm
with over $2 billion of assets under management focused on building
leading business, healthcare, and consumer services companies.
Trinity Hunt’s mission is to provide the talent and strategic,
operational, and financial capabilities needed to build
entrepreneurial services companies into market leaders. Trinity
Hunt was ranked eighth amongst all firms in North America on
HEC-Dow Jones’ most recent Top Small-Cap Buyout Firms List (2023),
which ranks firms based on their performance for investors across
funds raised over a 10-year period1. For more information, visit
www.trinityhunt.com.
1Revealed: The top 20 global small-cap private equity firms;
Trinity Hunt Partners was ranked 8th amongst all firms in North
America on the most recent HEC-Dow Jones Top Small-Cap Buyout Firms
List (2023), which ranked firms based on their performance across
funds raised over a 10-year period between 2010 and 2019. In total,
performance data was analyzed across 632 PE firms through data
sourced from Prequin, a third-party database neither managed by nor
affiliated with Trinity Hunt Partners, as well as data sourced
directly to HEC/Dow Jones. Neither HEC nor Dow Jones is affiliated
with Trinity Hunt Partners, nor do they invest in any investment
vehicle sponsored by Trinity Hunt Partners.
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For Press Inquiries Allie Gamble MiddleM Creative (on
behalf of Trinity Hunt Partners) allie@middlemcreative.com T
704.280.1432