Kennedy Mechanical and Ryan Plumbing & Heating Join NexCore, Trinity Hunt Partners’ Commercial HVAC Platform
June 20 2024 - 1:00PM
Business Wire
NexCore, a commercial HVAC service platform backed by
Dallas-based private equity firm, Trinity Hunt Partners, is pleased
to announce its partnership with Kennedy Mechanical (“Kennedy”) and
Ryan Plumbing & Heating (“Ryan” or collectively the “Company”)
in Rochester, New York. The addition of Kennedy and Ryan continues
NexCore’s expansion in the CHVAC services space, which began with
the platform’s initial investment in Alliance Group and subsequent
partnerships with Pratt & Smith and Sylvester and Cockrum.
Kennedy is a multi-faceted mechanical contractor specializing in
HVAC, plumbing, and fire protection installation and service for
commercial and residential customers. Founded in 1979, Kennedy
successfully built a stellar reputation for its high-quality and
world class service. Kennedy prides itself in valuing safety,
respect, and integrity across its talented employee base and
longstanding customers.
Ryan is a provider of HVAC, plumbing, and fire protection
service and maintenance to commercial and residential customers.
Ryan was founded in 1999 by common ownership of Kennedy to focus on
service and maintenance.
“We are thrilled Kennedy and Ryan are joining the NexCore
family. We believe these partner businesses represent some of the
best and brightest in the commercial HVAC and plumbing services
industry,” said NexCore CEO Steve Knowles. “The NexCore platform
enables like-minded leaders to collaborate and build upon their
well-earned success, sharing best practices to build winning teams
and continue to provide top-tier service to their customers."
Together, Kennedy and Ryan provide commercial HVAC, plumbing,
and fire protection services to a diverse customer base across
upstate New York, including medical centers, manufacturing,
industrial, warehouses, grocery, higher education, multi-family
residential, retail centers, automotive dealerships, hotels, and
general contractors. The company's geographic footprint and its
experienced leadership team provides opportunities to further build
geographic density in the Northeast as NexCore scales.
“We are thrilled to join the NexCore platform – and leverage the
outstanding resources it affords – to serve our valued customers
with greater capabilities while investing and growing the
businesses across the state of New York,” said Kennedy President
Steve Cassidy. “I remain incredibly dedicated to this company and I
look forward to a bright future with the NexCore team. NexCore
shares the same vision and values as Kennedy and Ryan, with a focus
on top-tier customer service and providing growth opportunities for
our workforce. I am excited for our future together.
NexCore is actively seeking opportunities to expand its platform
with like-minded partner companies in the commercial HVAC industry.
For more information, please visit www.nxcus.com.
ABOUT NEXCORE
NexCore is a commercial HVAC services platform focused on
maintenance-driven HVAC, electrical, controls, plumbing, and other
facility service solutions for commercial clients across a diverse
set of end markets. The platform's comprehensive service offerings
are backed by a strong reputation for excellence in client service
and delivery, paired with an industry-leading culture. NexCore’s
partner companies include Alliance Group, Pratt & Smith,
Sylvester & Cockrum, Kennedy Mechanical, and Ryan Heating &
Plumbing. For more information, visit www.nxcus.com.
ABOUT KENNEDY MECHANICAL AND RYAN PLUMBING &
HEATING
Established in 1979 and 1999, Kennedy Mechanical and Ryan
Heating & Pluming, respectively, are leading providers of
commercial HVAC, plumbing, and fire protection services across the
state of New York. The companies' core focus on integrity and
quality of service has earned it a strong reputation among its
diverse customer base, which includes medical centers,
manufacturing, industrial, warehouses, grocery, higher education,
multi-family residential, retail centers, automotive dealerships,
hotels, and general contractors. For more information, visit
www.kennedymechanicalinc.com.
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Robert Vechiola rvechiola@nxcus.com (630) 806-6261