VRA Advises Comfort Temp Company on its Growth Partnership with Shore Capital
VRA is pleased to announce that Comfort Temp Company ("Comfort Temp," "CTC" or the "Company"), a leading provider of commercial and residential HVAC, refrigeration and plumbing services, has completed a growth partnership with Shore Capital Partners ("Shore"). VRA acted as the exclusive financial advisor to Comfort Temp.
Based in Gainesville, Florida with additional locations in Jacksonville, Orlando and Tampa, Comfort Temp has grown into one of the region's leading full-service mechanical and plumbing contractors. The Company provides HVAC, refrigeration and plumbing services for education, healthcare, government, commercial and residential markets.
"VRA's expertise in essential services, combined with their focus on advising founder- and family-owned businesses like mine, stood out to me when interviewing investment banking teams," said Comfort Temp Company President Erik Worthmann, who will remain a significant owner and continue leading the business. "VRA was fully invested from the start, taking care to understand our culture, communicate what makes us unique and position us to find the right partner."
With a strong track record of investing in and scaling industrial service platforms, Shore is well-positioned to support Comfort Temp's continued growth. In addition to expanding the Company's service portfolio and geographic footprint, Comfort Temp and Shore will actively seek additional partnerships with HVAC, plumbing and mechanical services providers across the Southeast.
"Comfort Temp represents the type of
founder-led business we are proud to advise - a market leader with a
growth-minded culture and ambitious plans ahead," said Collier McRae, Managing
Director of VRA Partners. "We're grateful Erik and team entrusted us and are
excited to see what they'll achieve alongside Shore Capital."
Comfort Temp Company
Headquartered in
Gainesville, Florida, Comfort Temp Company is a full-service mechanical and
plumbing contractor specializing in HVAC, refrigeration and plumbing services
for commercial, residential, education, healthcare and government customers.
Operating under its CT Mechanical and Comfort Temp Heating & Air brands,
CTC provides design-build installations, replacements and recurring service
programs, supported by its in-house duct manufacturing operations. With over
240 employees across multiple Florida offices, Comfort Temp is uniquely
positioned to deliver high-quality, complex solutions across fast-growing
markets. Learn more at www.comforttemp.com and www.ctmechanical.us.
Shore Capital Partners
Shore Capital, a Chicago-based private equity firm with offices in Nashville, is an investor in lower middle market companies in Healthcare, Food and Beverage, Business Services, Industrial, and Real Estate industries. Shore's strategy is to support management partners to grow faster with less risk through access to capital, world-class board and operational resources, and unmatched networking, development, and shared learnings across the portfolio. From 2020-2025, Shore received recognition from Inc Magazine as a 6x Top Founder-Friendly Investor and by Pitchbook Research for being the global leader in Private Equity total deal volume from 2019-2023. Shore targets investments in proven, successful private companies with superior management teams, stable cash flow, and significant potential to grow through industry consolidation and organic growth to generate value for shareholders. Shore has approximately $13 billion of assets under management, including additional investment platforms to which it provides business and operational consulting services. Learn more at www.shorecp.com.