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

By Generational Group


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 Equity 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

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit