January 19, 2024

Croft & Bender Serves as Financial Advisor to Entek in its Sale to PremiStar, a Portfolio Company of Partners Group

Croft & Bender, an Atlanta-based investment banking firm, is pleased to announce the successful sale of its client, Engineered Technical Services, Inc. and its affiliated entity Engineered Comfort Services, Inc. (collectively referred to as “Entek” or the “Company”), to PremiStar, LLC (“PremiStar”), a portfolio company of Partners Group USA, Inc. (“Partners Group”).

Headquartered in Buford, GA, Entek is a leading provider of commercial HVAC, building automation, and energy services. The Company’s HVAC segment provides installation, maintenance, and repair services exclusively for retrofit and remodel jobs to commercial customers across seven states. The Company also provides turnkey building automation and energy services, which include the commissioning, installation, maintenance, and repair of building systems nationwide. Entek’s superior service and highly skilled and knowledgeable technician staff differentiate the Company from its competitors, evidenced by longstanding relationships with its blue-chip customer base.

Croft & Bender served as the exclusive financial advisor to Entek throughout the transaction. Entek President, Pat Burrows, commented, "Croft & Bender served as our trusted advisor throughout the process. Their expertise and dedication were instrumental in effectively preparing and positioning the Company at each stage, leading to a highly successful outcome for our shareholders and employees.”

“We thoroughly enjoyed the opportunity to advise the Entek team throughout the deal process. They have built a terrific business, and PremiStar is the ideal partner for Entek’s next phase of growth”, commented Ronnie Goldman, Managing Director at Croft & Bender.