Translink is pleased to announce that Peakstone, its partner firm in the United States, served as exclusive M&A advisor Thornton Service, Inc. on its sale to Service Logic, a portfolio company of Sterling Investment Partners. Thornton Service, Inc. is a leading provider of commercial HVAC service solutions to organizations in the Washington D.C. metropolitan area. Specializing in preventive maintenance and repair of commercial heating and cooling systems, Thornton Service supports a range of markets, including healthcare, financial, religious, airports, labs, and mission critical data centers, providing both full service and preventive, maintenance-only HVAC contracts to owner-occupied and managed buildings.
Service Logic, headquartered in Charlotte, North Carolina, (www.servicelogic.com) is a provider of mission-critical services for HVAC systems, chilled water systems and building automation and controls to commercial, industrial and institutional clients. Through its 1,400 dedicated employees, the Company provides a comprehensive suite of solutions to improve the energy efficiency and sustainability of its clients’ facilities.
Terms of the transaction were not disclosed.