January 19, 2024
Croft & Bender Serves as Financial Advisor to Entek in its Sale to PremiStar, a Portfolio Company of Partners Group
has been acquired by
Entek is a leading provider of commercial HVAC, building automation, and energy services.
Engineered Technical Services, Inc. and its affiliated entity Engineered Comfort Services, Inc. (together, “Entek” or the “Company”) are a leading provider of commercial HVAC, building automation, and energy services.
Entek engaged Croft & Bender to help the Company find a partner to provide shareholder liquidity, support its continued growth, and provide a path for the founder to eventually transition from the business. Croft & Bender worked with the Company to develop marketing materials, build a financial model, conduct management presentations, manage the diligence process, and negotiate with potential buyers.
Croft & Bender successfully negotiated a majority recapitalization with PremiStar, a portfolio company of Partners Group.