April 29, 2021
Genz & Associates, Inc. (“Genz”) is pleased to announce the acquisition of Air Comfort by the Alpine Investors’ portfolio company, Orion Services Group (“Orion”). Based out of Chicago, Illinois, Air Comfort was founded in 1935 and provides a full-service mechanical offering to commercial and industrial facilities throughout Chicago and the surrounding area. The Smerz family has owned and operated Air Comfort for three generations.
Orion Group is a commercial facility services company seeking to partner with market leading family-owned service providers. Through its People First approach, Orion supports its locally managed operations through investments in hiring and training, and it strives to create unmatched growth opportunities for its people. The Air Comfort transaction represents the third Orion partner company.
Alpine Investors retained Genz as their buy-side M&A advisor to assist with Orion’s growth strategy through acquisitions. Genz identified Air Comfort through our comprehensive search process, TargetSelect. The acquisition of Air Comfort marks the first acquisition Genz has closed with Orion.