Kennedy Mechanical and Ryan Plumbing & Heating Join NexCore, Trinity Hunt Partners’ Commercial HVAC Platform

DALLAS, June 20, 2024–(BUSINESS WIRE)–NexCore, a commercial HVAC services 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”) of Rochester, New York. The addition of Kennedy and Ryan continues NexCore's expansion into CHVAC services that 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 engineering company specializing in the installation and maintenance of heating, ventilation, air conditioning, plumbing and fire protection for commercial and residential customers. Founded in 1979, Kennedy has built an excellent reputation for providing high quality, first-class service. Kennedy values ​​safety, respect and integrity with its talented employees and long-term customers.

Ryan is a provider of service and maintenance for heating, ventilation, air conditioning, plumbing and fire protection for commercial and residential customers. Ryan was founded in 1999 by the owners of Kennedy with a focus on service and maintenance.

“We are thrilled to have Kennedy and Ryan join the NexCore family. We believe these partner companies are some of the best and most promising in the commercial HVAC and plumbing services industry,” said Steve Knowles, CEO of NexCore. “The NexCore platform enables like-minded leaders to collaborate and build on their well-earned success, share best practices to build winning teams and continue to deliver world-class service to their customers.”

Together, Kennedy and Ryan provide commercial HVAC, plumbing and fire protection services to a diverse customer base throughout New York State, including medical centers, manufacturing, industrial operations, warehouses, grocery stores, higher education, multifamily housing, shopping centers, auto dealerships, hotels and general contractors. The company's geographic footprint and experienced leadership team provide opportunities to continue to expand geographic density in the Northeast as NexCore grows.

“We are thrilled to join the NexCore platform – and leverage the outstanding resources it offers – to serve our valued customers with greater capacity while investing in and growing the businesses across New York State,” said Kennedy President Steve Cassidy. “I remain incredibly loyal to this company and 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 superior customer service and providing growth opportunities for our workforce. I look forward to our future together.

The story goes on

NexCore is actively seeking opportunities to expand its platform with like-minded partner companies in the commercial HVAC industry. For more information, visit www.nxcus.com.

ABOUT NEXCORE

NexCore is a commercial HVAC services platform focused on maintenance-focused HVAC, electrical, controls, plumbing and other facility service solutions for commercial customers in a variety of end markets. The platform's comprehensive service offerings are backed by a reputation for excellent customer service and delivery and 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

Founded in 1979 and 1999, respectively, Kennedy Mechanical and Ryan Heating & Pluming are leading providers of commercial HVAC, plumbing and fire protection services in New York State. The companies' emphasis on integrity and quality of service has earned them a solid reputation with their diverse customer base, which includes medical centers, manufacturing, industrial operations, warehouses, grocery stores, higher education, multi-family housing, shopping centers, auto dealerships, hotels and general contractors. For more information, visit www.kennedymechanicalinc.com.

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contacts

Robert Vechiola
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(630) 806-6261

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