Southeast Mechanical Acquires Gentry Air

Greensboro, NC – May 11, 2023: Southeast Mechanical (“SEM”), headquartered in Winston-Salem, North Carolina, today announced the acquisition of Greensboro, North Carolina-based Gentry Air Inc. (“Gentry Air”). This partnership bolsters SEM’s presence in the North Carolina market.
Hugh Elks, President of SEM stated, “Gentry Air will be a great addition to the SEM team. We are all very excited to partner with Jennifer and Greg Gill and continue the company’s commitment to providing excellent sales and service in heating, ventilation, and air conditioning. The acquisition increases our density as a market leader in the North Carolina Triad market.”
ABOUT SOUTHEAST MECHANICAL
Founded in 2020 and based in Winston-Salem, North Carolina, Southeast Mechanical is a heating, ventilation, air-conditioning, plumbing and electrical services platform comprised of local market-leading brands. SEM provides turnkey HVAC services to a wide range of residential and commercial customers across North Carolina. The Company operates several divisions and is focused on customer satisfaction, safety and continuing to be an employer of choice for experienced technicians and staff. SEM’s primary focus is on short-term, residential changeouts and service contracts.
ABOUT PALLADIN CONSUMER RETAIL PARTNERS
Palladin Consumer Retail Partners is a private equity firm with extensive experience investing in and building leading consumer brands. Founded in 1998, the firm prides itself on working closely with management teams to create value through strategic and operational initiatives. Its principals have previously held CEO and other senior executive roles at several wholesale, retail, and financial services companies, and have invested in, financed, or managed over 100 public and private companies. Palladin partnered with Southeast Mechanical in 2022. Other current and former investments include Splash Car Wash, Tailwind Hospitality, Leapfrog Brands, Decowraps, PB Metro, KT Tape, Nic+Zoe, InMotion Entertainment, J. McLaughlin, Things Remembered, Restoration Hardware, Spencer Gifts, Jamba Juice, Worldlynx, Multi-Flow, and Kwik-Tek.

CONTACT:
Hugh Elks, President hughelks@southeast-mechanical.com 704-517-6681

Patricia Donnelly pdonnelly@pcrp.com 617-585-