ROI Corporation, a leading business brokerage firm based in Weymouth, MA, Simsbury, CT, and Marietta, GA, today announced that it recently completed brokering the sale of the Londonderry, NH-based New England Mechanical Associates to Exeter, NH-based M2 Mechanical.
Gary Rayberg, CBI, M&AMI, president of ROI Corporation, handled the transaction for ROI Corporation. New England Mechanical Associates, sold by Alan Rubin, offers quality heating and air conditioning solutions through commercial installations, retrofits, and 24/7 service, as well as heating repair, air conditioner repair, and air filtration services. M2 Mechanical is a multi-divisional provider of HVAC services throughout New England to retail and commercial accounts, and also offers drain and sewer services. M2 Mechanical is jointly owned by Judi and Steve Sewall.
Joe Rubin, general manager of New England Mechanical Associates, will stay on with the company, and customers of New England Mechanical Associates will see no change in the family service they’re accustomed to.
Terms of this recent sale were not disclosed.
“We were happy to help two impressive and family-owned HVAC businesses achieve their business goals through this transaction,” said Rayberg. “Both enjoy strong reputations throughout New Hampshire and the region, and it’s great to see that these services will continue to be offered for their customers.”
About ROI Corporation
ROI Corporation, based in the Boston market, has been involved in the sale of businesses and real estate in over 30 states since 1997. They also assist in the transfer of business ownership between generations and to key employees and management teams. ROI serves all of New England including MA, NH, RI and CT with two divisions; a main street division serving smaller businesses as well as their middle market M&A division. Their Marietta, Georgia, office, specializing in Service Distribution & Manufacturing Companies, serves the southeast United States. They also have an office in Simsbury, Connecticut. For more information, please visit us on the web at www.roicorporation.com or call (781) 682-6209