Denver, CO (November 20, 2024) – BaseRock Partners announces the sale of Hartwig Mechanical, Inc. (“Hartwig”) to Crete United, a portfolio company of Ridgemont Equity Partners. BaseRock Partners (“BaseRock”) acted as the exclusive financial advisor to Hartwig in this transaction.
Founded in 1958 by James H. Hartwig, Hartwig Mechanical, Inc. is a premier, full-service commercial and industrial mechanical contractor, serving the Northern Illinois, the North Side of Chicago, and Southern Wisconsin areas. This partnership also enables Crete to expand its geographical footprint and strengthen its presence in the Midwest.
“The BaseRock team was instrumental in our realizing an attractive outcome for Hartwig,” said Chadd Hartwig, CEO of Hartwig.
“BaseRock did a terrific job of communicating our story, their process generated significant buyer interest, and their industry expertise and experience was instrumental in managing the transaction. We are pleased to have realized such a successful outcome.”
About BaseRock Partners
BaseRock Partners is an investment bank built to serve the engineering and construction industry. BaseRock advises clients using a team-oriented approach that combines decades of industry expertise, deep industry relationships, and unique transaction capabilities specifically designed to meet the needs of engineering and construction companies.
BaseRock Partners Contact
Matthew Drake
Partner & Co-Founder
Email Matthew
312.882.7649
