By Construction Tech Review | Monday, March 23, 2020
Reedy Industries, a provider of commercial HVAC and mechanical services, has acquired the assets of the Just Service Inc, based in Greendale, Wisconsin.
FREMONT, CA: The recent acquisition of Just Service Inc by Reedy Industries will pave the way for an extended presence of Reedy industries in Wisconsin. AccuTemp Mechanical, yet another Reedy Industries firm is already based in Kenosha, Wisconsin.
Reedy Industries is a specialized provider of mechanical services to industries including food production, hospitals, manufacturing tech, schools and universities, rubber manufacturing, plastic manufacturing, and religious organizations.
Just Service Inc is strategically located just outside of Milwaukee. The enterprise provides HVAC, plumbing, engineering, and energy management services for commercial facilities belonging to Northern Illinois, besides Wisconsin.
Talks regarding the acquisition have been taking place between the two companies for some time now. There was much focus on ensuring that the new strategic partnership comes at a time-specific and culturally-fit time.
As far as Just Service Inc was concerned, the search was for the right partner with the requisite capital to facilitate business growth for them.
Currently, Reedy industries' focus is on actively expanding its services within the construction space. The recent acquisitions are part of the attempts towards achieving this goal.
This year, Just Service Inc would be the fourth acquisition by Reedy Industries. One of the recent acquisitions of Reedy industries includes the one regarding AIRmasters Heating & Cooling. Besides these, over the recent past, there have been more than 11 acquisitions of mechanical service enterprises by Reedy industries.
AccuTemp, another company by Reedy Industries has had a successful stint in the Wisconsin area. The last several years have witnessed significant growth for the enterprise. This has also been a causative factor for Reedy industries to consider expansion into Wisconsin. Now with this latest acquisition, Reedy Industries will have more opportunities for development.