DETROIT — Leading lower middle-market private equity firm Huron Capital announced that its portfolio company, The Exigent Group, along with an Exigent Group company, Smith-Boughan Mechanical, has acquired Premier Mechanical.
Premier is a commercial and industrial HVAC and mechanical services company based in Lima, Ohio. The deal marks Exigent’s second acquisition in Northwest Ohio, following its partnership with Smith-Boughan Mechanical in July 2024. Smith-Boughan is also based in Lima.
"The strategic partnership between Premier and Smith-Boughan strengthens Exigent’s presence in Ohio and the surrounding region,” said Peter van Niekerk, CEO of Exigent, in a press release. “Premier brings exceptional technical expertise and a service-driven approach that will support sustainable growth and innovation for our organization.”
Exigent was launched in 2022 as part of Huron’s buy-and-build investment strategy, the press release said. Other recently closed investments include Rampart Exterior Services, a provider of commercial roofing and building exterior services, and Criticore, a provider of mission-critical, highly technical electrical services.