Pueblo Mechanical & Controls has acquired two additional businesses, Newgaard Mechanical Inc. and CFM Mechanical. Following the December 2018 acquisition of Commercial Air, these transactions represent the second and third add-on acquisitions completed by Pueblo within the last 40 days.
Based in Chandler, Arizona, Newgaard designs, installs, and services HVAC systems across a range of industries including industrial, commercial office, hospitality, education, and transportation. Newgaard provides a full spectrum of services including mechanical system installation, maintenance, fabrication, controls, plumbing, and piping. The company's staff of experienced technicians and system design expertise will enhance Pueblo's capability and capacity to design, build and maintain complex systems for sophisticated customers across Arizona.
Based in Phoenix, CFM Mechanical is the recognized market-leader in HVAC solutions for tenant improvement customers. CFM provides service, retrofit and installation of HVAC systems to Arizona's commercial properties industry. The company has deep and longstanding direct customer relationships with many property owners and managers. CFM's team of highly skilled technicians and expertise in the tenant improvement area broadens Pueblo's offering and resources in the expanding Arizona market.
"The additions of CFM and Newgaard Mechanical, and their outstanding staff, further establish Pueblo as the go-to partner for comprehensive HVAC services in multiple industries," said Pueblo CEO Dan Bueschel. "Consistent with Pueblo's values, these businesses are known for their trusted reputations and commitment to quality and excellent service delivery, and we look forward to bringing the benefits of our growing organization to all of our customers."
Huron Capital formed Pueblo in December 2017 to pursue a buy-and-build strategy in the commercial HVAC market in the Southwestern United States.