Pueblo Mechanical & Controls in Texas, the HVAC and plumbing platform of Detroit private equity firm Huron Capital Partners, has acquired Infinity Contractors, also in Texas. Terms of the transaction were not disclosed.
Infinity, like Pueblo, is a provider of HVAC and plumbing installation, replacement, and preventative maintenance services for commercial clients. The transaction will give Pueblo a stronger presence in the Lone Star State.
“Our leadership team is thrilled to partner with Infinity on our expansion into the Texas market,” says Dan Bueschel, CEO of Pueblo. “Infinity adds meaningful scale and resources to help accelerate our next phase of growth. (It is) a tremendous company with a strong culture, experienced technicians, and a devoted commitment to customers. We are very confident that we can build on these efforts as we work together to drive growth into the future.”
Infinity, based in Fort Worth, was founded in 1994 and is led by father and son team, Jim Salter and J.B. Salter. Infinity has developed many long-term partnerships with customers, sub-contractors, and vendors, throughout Fort Worth, Dallas, and other key markets throughout the state.
“There is a strong alignment of culture and pride of work that exists between Pueblo and Infinity,” says Scott Hauncher, a Huron Capital partner. “With its solid reputation, experience, and resource capabilities, Infinity is well positioned to be a platform for meaningful growth throughout the region.”
Pueblo has completed seven acquisitions since Huron Capital partnered with Bueschel in 2017 to acquire Pueblo.