MERGERS & ACQUISITIONS - VMG
Slate Capital Group Invests in VMG
June 23, 2023
Slate Capital Group, a private equity investment firm in Baltimore, Cincinnati and Nashville, has made an investment in Vertical Mechanical Group, a Sterling, Va.-based HVAC and plumbing contractor focused on commercial projects.
Formed in 2021 from the mergers of Anderson Mechanical Services Inc. and Inspiration Plumbing Company, VMG focuses on mechanical construction, upfits and service for large hotels, multi-family housing and senior living facilities. The company services a blue-chip customer base including building owners, general contractors and facility managers.
“As one of the preeminent HVAC and Plumbing contractors in the Mid-Atlantic, VMG is the ideal partner for us to pursue our growth objectives in the Eastern United States,” comments Erik Ginsberg, co-founder and managing partner, Slate Capital Group. “This partnership is a terrific opportunity to provide financial support and bring knowledge assets to VMG.”
https://www.themiddlemarket.com/latest-news/slate-capital-group-invests-in-vmg