Columbus, NE – DeWine Mechanical (“DeWine”) has been acquired by Heritage Holding HVAC & Mechanical Group. Hennepin Partners served as DeWine’s exclusive financial advisor and Baird Holm LLP acted as legal counsel. Terms of the transaction were not disclosed.
DeWine is a provider of pipefitting, millwright, and related services to owners and operators of chemical plants, food processing facilities, biorefineries, and utilities. Customer demand is driven by the continual need to maintain, upgrade, and expand facilities. DeWine serves customers throughout the Midwest from its headquarters in Columbus, Nebraska.
Hennepin ran a sale process that included strategic buyers, private equity groups, and family offices. The successful bidder, Heritage Holding HVAC & Mechanical Group, viewed DeWine as a strategic extension of its service platform. Heritage Holding HVAC & Mechanical group is backed by Heritage Holding, a Boston-based entrepreneurial private equity firm that brings operational expertise and hands-on support to the companies it acquires.