Generational Equity Advises Hamilton Service in its Sale to Temp-Con

By Generational Equity

10/27/2020

Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of Hamilton Service Company to Temp-Con, Inc. (a holding of Centerfield Capital Partners and Caymus Equity). The acquisition closed October 9, 2020 and details were not disclosed.

Hamilton Service Company (Hamilton) was founded by Dan and Kathrine Hamilton in October 2001. The Company has grown to be one of the largest commercial refrigeration companies in Lincoln, Nebraska. Hamilton’s service area now includes Eastern Nebraska, North Eastern Kansas and Western Iowa. The Company services include: Refrigeration, HVAC, electrical, macro-air, commercial and restaurant equipment repair, and much, much more.

Located in Olathe, Kansas, Temp-Con is a full-service commercial heating, ventilation, air conditioning and refrigeration provider. The Company was established in the fall of 1989. The focus was, and still is, to provide exceptional heating, ventilation, air-conditioning and refrigeration service to commercial businesses and restaurants.

Recognized for its strong financial performance, experienced senior leadership team, and sound operational execution, Temp-Con was acquired in the Spring of 2018 by Centerfield Capital Partners and Caymus Equity. Most recently, in December 2019, Temp-Con acquired Cobb Refrigeration and is thoughtfully and strategically integrating the two businesses.

Temp-Con currently employs over 160 associates including service technicians, project managers, installers, estimators, fabrication, accounting, and management personnel, and is poised for significant growth and expansion both organically and through strategic acquisitions.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Managing Director, Mergers & Acquisitions, Andrew Byrd, successfully closed the transaction. Senior Managing Director Eric Colton established the initial relationship with Hamilton.

“It’s always great to see a win-win transaction,” said Byrd. “Temp-Con was able to expand into the Nebraska market and Dan and Kathrine can now transition into the next stage of their lives knowing their customers and employees will be taken care of.”