Air Temp Mechanical Services (Air Temp), a portfolio company of Ironwood Capital Connecticut and Anvil Capital, has acquired Hipoint Heating & Cooling (Hipoint).
The deal was structured as an add-on acquisition for Air Temp with funding for the transaction provided by Salem Five Bank and funds managed by Ironwood Capital Connecticut.
Founded in 1991 by John Przybylski and Larry Pugrab, Hipoint is a regional commercial HVAC service company.