Transaction Overview
- Hennepin represented DeWine Mechanical in its sale to Heritage Holding HVAC & Mechanical Group, a portfolio company of Heritage Holding.
- DeWine’s services include pipefitting, millwright, insulation, scaffolding, 3D imaging, and point cloud modeling.
- DeWine’s customers include biorefineries, food processors, chemical manufacturers, and utilities.
Drivers of Interest
- Steady customer demand is driven by the continual need to maintain, upgrade, and expand facilities.
- Longstanding relationships with blue-chip customers.
- Experienced management team with well-trained field employees.
- Growth plans include new services and markets.
- Proven history of strong profit margins and sustained growth.
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