Generational Group Advises Excel Mechanical in its Sale to Taconic Capital Holdings

By Generational Group

08/01/2023

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Excel Mechanical, Inc., to Taconic Capital Holdings. The acquisition closed July 14, 2023.

Established in 1996 and headquartered in Tewksbury, Massachusetts, Excel Mechanical (Excel) is an HVAC/Plumbing contractor focused on conventional heating and cooling. Excel also offers ventilation, refrigeration, and plumbing services for residential and commercial applications.

Excel’s excellent industry reputation and local brand awareness has established it as the preeminent HVAC/Plumbing contractor in its market. The Company has established an excellent reputation for their products, services, and professionalism.

Taconic Capital Holdings, located in Boca Raton, Florida, is a private investment firm with a focus on long-term investing and partnering with experienced operators to build great businesses.

Generational Group Executive Managing Director, M&A-Technology Practice Leader, David Fergusson, Jeff Carignan, a Generational Group Authorized Affiliate, with the support of Managing Director of M&A, Corey Painter, successfully closed the deal. Senior Managing Director James Carr established the initial relationship with Excel.


About Generational

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.