COSTA MESA, Calif., Aug. 21, 2006 (PRIMEZONE) -- The Jordan Company LP has acquired Engineered Cooling Services LLC. Transaction terms were not disclosed.
RSM EquiCo Capital Markets initiated the transaction, led the negotiations and acted as the exclusive financial advisor to Engineered Cooling Services LLC.
"The acquisition of Engineered Cooling Services broadens the capabilities and geographic reach of Jordan's technical facility maintenance services platform," said Randy Krauthamer, managing director of RSM EquiCo Capital Markets.
About RSM EquiCo Capital Markets
RSM EquiCo Capital Markets (www.rsmequico.com) is a global provider of investment banking services to private companies with annual revenues of up to $500 million. The firm brings together companies, capital and creativity on a national and international scale to help clients achieve their personal and strategic objectives. RSM EquiCo Capital Markets LLC is licensed by the SEC and all state securities authorities, and is a member of the NASD and SIPC.
RSM EquiCo Capital Markets, a subsidiary of RSM EquiCo Inc., is part of RSM McGladrey Inc., one of the nation's largest providers of business and tax consulting, wealth management, retirement resources and payroll services to midsized companies.
The firm's international headquarters are located in Costa Mesa, California. It also has offices in Chicago, Boston, New York and London.
About Engineered Cooling Services LLC
Founded in 2002, Engineered Cooling Services LLC is a full-service commercial and industrial HVAC service company that specializes in maintaining, upgrading and repairing central air conditioning systems, chilled water plants, air-handling units, pumping systems, heat exchangers, cooling towers, boilers and filter systems. Based in Pensacola, Fla., and operating from satellite offices in Tallahassee, Fla., and Mobile, Ala., the company serves approximately 180 preventative maintenance customers located throughout Florida, Alabama, Mississippi and Georgia.
About The Jordan Company LP
The Jordan Company LP is a private investment firm that specializes in buying and building businesses in partnership with management. Since 1974, The Jordan Company and its affiliate, The Jordan/Zalaznick Capital Company, have successfully completed more than 300 transactions, and its current portfolio of companies represent aggregate revenues of approximately $4 billion. Currently, the company has more than $2.5 billion of capital for investment, anchored by $1.5 billion in its Resolute Fund LP. The Jordan Company is located in New York City.
RSM EquiCo is a tradename for RSM EquiCo, Inc. and its subsidiaries, which include: RSM EquiCo Capital Markets, LLC (broker-dealer licensed by the SEC and member NASD, SIPC), RSM EquiCo Canada, Inc. (limited market dealer registered with the Ontario Securities Commission) and EquiCo Europe Limited (authorised and regulated by the Financial Services Authority). RSM EquiCo, Inc. and its subsidiaries are wholly owned subsidiaries of H&R Block.