D.A. Davidson Advises MSS on Sale to PremiStar, a Partners Group Portfolio Company

Event summary

  • D.A. Davidson & Co. served as exclusive financial advisor to Mechanical Service & Systems (MSS) on its sale to PremiStar, a portfolio company of Partners Group.
  • MSS, a regional leader in mechanical services and installation, was founded in 1984 and operates in Utah.
  • PremiStar is a provider of commercial and industrial HVAC, plumbing, and building automation services.
  • Partners Group manages over $185 billion in assets under management.

The big picture

The transaction highlights ongoing consolidation in the mechanical services sector, driven by private equity firms looking to scale regional players. Partners Group's involvement underscores the strategic value of HVAC and plumbing services in the commercial and industrial space. The deal also reflects D.A. Davidson's continued momentum in the diversified industrials investment banking group.

What we're watching

Consolidation Trends
How the acquisition will affect the regional mechanical services market and whether PremiStar can integrate MSS effectively.
Private Equity Strategy
Whether Partners Group will use PremiStar to make further acquisitions in the mechanical services sector.
Operational Synergies
The pace at which PremiStar can leverage MSS's technical excellence and customer relationships to expand its service offerings.

Related topics

Acquisition