About the Transaction
Paramax is excited to announce the successful divestiture of DWC Mechanical, Inc. (“DWC”) (www.dwcmechanical.com) to CHVAC Services Holdings, LLC, d/b/a NexCore (“NexCore”) (www.nxcus.com), a portfolio company of Trinity Hunt Partners (“Trinity Hunt”) (www.trinityhunt.com).
Founded in 1995, DWC is a leading regional HVAC contractor focused on commercial service and installation. Serving customers throughout New York and Florida, DWC is one of the premier regional brands in the commercial HVAC installation and service market. Led by Dave Cloy, DWC has grown rapidly through a shared commitment to culture and delivering exceptional customer service.
NexCore, a portfolio company of Trinity Hunt Partners, is a large regional commercial heating, ventilation, HVAC, and facility services platform focused on maintenance, repair, replacement, and service work for its clients. In the midst of an industry roll-up strategy, NexCore is aggressively building a mechanical contracting platform throughout the United States. Alongside its core HVAC capabilities, NexCore also offers electrical, plumbing, construction, and building automation services to its customers, providing a single-source solution for facility maintenance and repair needs.
Paramax served as the exclusive M&A advisor to DWC on this transaction.
