Mechanical Industry News
Newly announced acquisitions in the industries we work in.
Jon Burke
June 15, 2026
Horwitz Receives Strategic Investment from Truelink Capital as Svoboda Exits
The 1918-founded Minneapolis contractor has about 720 employees, and CEO Matt Dekkers and management keep a significant ownership stake. Terms were not disclosed.
Jon Burke
May 21, 2026
Foundral Acquires 170-Year-Old Fort Wayne Contractor A. Hattersley & Sons
McNally Capital's union mechanical platform adds a Fort Wayne piping and HVAC firm to Smith & Oby and DSO, the businesses it launched with in December 2025. Terms were not disclosed.
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