Caymus Equity Partners LLC (“Caymus Equity”) has announced that its portfolio company, Temp-Con LLC (“Temp-Con”), has completed a strategic combination with TP Mechanical Contractors, Inc. (“TP Mechanical” or the “Company”). Temp-Con is the largest non-union provider of commercial heating, ventilation, air conditioning, and refrigeration (“HVACR”) installations, maintenance and repair services in the greater Kansas City area. Temp-Con primarily serves the Kansas, Missouri, and Nebraska markets. TP Mechanical is a leading full service mechanical contractor with operations in markets adjacent to Temp-Con – Ohio, Indiana, and Kentucky.
TP Mechanical offers a comprehensive suite of mechanical contracting solutions, including HVACR design and install, pre-fabrication, fire protection, plumbing, maintenance and repair services. The Company possesses a robust, diversified revenue base and is recognized as the leading provider within the education and healthcare end markets. Additionally, TP Mechanical differentiates itself through an unrivaled technical reputation aided by a longstanding apprenticeship program and impressive safety track record.
The strategic combination with TP Mechanical creates a highly complementary operation with an end-to-end service offering, substantially increasing Temp-Con’s scale and geographic footprint. The combined business now reaches across six contiguous states in the Midwest region.
TP Mechanical represents the third transaction for Temp-Con since Caymus Equity partnered with Centerfield Capital Partners to complete a majority recapitalization in March 2018. Temp-Con acquired Cobb Refrigeration in December 2019 and Hamilton Service Company in October 2020.
The transaction closed on January 14th, 2022. To learn more about TP Mechanical, visit tpmechanical.com. To learn more about Temp-Con, visit tempconkc.com.