{"id":1128,"date":"2022-05-19T13:59:02","date_gmt":"2022-05-19T13:59:02","guid":{"rendered":"https:\/\/premistarstg.wpengine.com\/?p=1128"},"modified":"2022-05-19T13:59:02","modified_gmt":"2022-05-19T13:59:02","slug":"reedy-industries-acquires-rolling-meadows-first-point","status":"publish","type":"post","link":"https:\/\/premistar.com\/ia\/2022\/05\/19\/reedy-industries-acquires-rolling-meadows-first-point\/","title":{"rendered":"Reedy Industries Acquires Rolling Meadows\u2019 First Point"},"content":{"rendered":"\n<p>Growing service provider to critical environments in the commercial and industrial market space adds a platform <em>company in Chicagoland with acquisition.<\/em><\/p>\n\n\n\n<p><strong>GLENVIEW, Ill., Oct. 9, 2019 \u2013 <\/strong>Reedy Industries, a leader in commercial HVAC and mechanical services, has purchased the assets of <a href=\"https:\/\/firstpointmechanical.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">First Point Mechanical Services<\/a> in Rolling Meadows, IL. First Point will be an additional platform company to Reedy\u2019s existing Chicago business.<\/p>\n\n\n\n<p>First Point Mechanical Services is known throughout Chicagoland for their high-quality service, maintenance, installation, repair, and replacement of HVAC and mechanical equipment.<\/p>\n\n\n\n<p>\u201cFirst Point is going to be a strong platform company for us,\u201d says Jack Deichl, President of Reedy Industries. \u201cThey have a similar culture and focus as the rest of our companies in Chicago, and I am looking forward to integrating future acquisitions into Rich\u2019s organization.\u201d<\/p>\n\n\n\n<p>First Point is Reedy Industries\u2019 fourth mechanical services platform company in Chicago in addition to General Mechanical in Roselle, RMC Mechanical in Wood Dale, and Southwest Town Mechanical in Frankfort.<\/p>\n\n\n\n<p>\u201cThe Reedy Industries companies are so similar to ours,\u201d says First Point CEO Rich Parlier, who will stay on to manage the business. \u201cThis is going to be a great fit for our team, and we\u2019re looking forward to continued growth as a part of Reedy.\u201d<\/p>\n\n\n\n<p>First Point Mechanical Services is the fifth acquisition for Reedy Industries in 2019. Over the last three years, Reedy Industries has acquired twelve mechanical services companies, including Just Service Inc. in Milwaukee and AIRmasters in Springfield, IL.<\/p>\n\n\n\n<p>\u201cFirst Point is everything we\u2019re looking for in an acquisition,\u201d says Bill Reedy, Chair of the Board for Reedy Industries. \u201cThey\u2019re helping us add density, services, accounts, and scale. There\u2019s no loss of continuity because Rich and the management team will continue to lead First Point as a standalone platform. They can focus on their work and we can focus on supporting them.\u201d<\/p>\n\n\n\n<p>Reedy Industries serves critical environments in the commercial and industrial market spaces by focusing on HVAC and mechanical services and solutions. Reedy Industries is actively expanding the services it provides within the building envelope and is doing so through both organic and acquisition-related means. Reedy Industries is a 90-year-old company and is headquartered in Glenview, IL, just outside Chicago.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GLENVIEW, Ill., Oct. 9, 2019 \u2013 Reedy Industries, a leader in commercial HVAC and mechanical services, has purchased the assets of First Point Mechanical Services in Rolling Meadows, IL. First Point will be an additional platform company to Reedy\u2019s existing Chicago business. <\/p>\n<p><a class=\"understrap-read-more-link\" href=\"https:\/\/premistar.com\/ia\/2022\/05\/19\/reedy-industries-acquires-rolling-meadows-first-point\/\">Click here<\/a><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-1128","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"Eric Klinefelter","author_link":"https:\/\/premistar.com\/ia\/author\/signal-marketing\/"},"_links":{"self":[{"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/posts\/1128","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/comments?post=1128"}],"version-history":[{"count":0,"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/posts\/1128\/revisions"}],"wp:attachment":[{"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/media?parent=1128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/categories?post=1128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/premistar.com\/ia\/wp-json\/wp\/v2\/tags?post=1128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}