Reedy Industries acquires First Point
GLENVIEW -- Commercial HVAC and mechanical services company Reedy Industries said it has purchased the assets of First Point Mechanical Services in Rolling Meadows.
Terms of the acquisition were not announced.
First Point Mechanical Services is known for its high-quality service, maintenance, installation, repair, and replacement of HVAC and mechanical equipment. The company will become a platform company to Reedy's existing business, joining General Mechanical in Roselle, RMC Mechanical in Wood Dale, and Southwest Town Mechanical in Frankfort.
"First Point is going to be a strong platform company for us," said Reedy Industries President Jack Deichl. "They have a similar culture and focus as the rest of our companies in Chicago."
First Point CEO Rich Parlier, who will stay on to manage the business, added the two companies are a good match.
"This is going to be a great fit for our team, and we're looking forward to continued growth as a part of Reedy," Parlier said.
First Point Mechanical Services is the fifth acquisition for Reedy Industries in 2019. Over the last three years, Reedy Industries has acquired 12 mechanical services companies, including Just Service Inc. in Milwaukee and AIRmasters in Springfield.