MTech Mechanical

Feb 4, 2014

Merger Brings Total Revenues for Colorado Company to $95 Million February 04, 2014 08:00 AM Eastern Standard Time DENVER--( BUSINESS WIRE )--MTech Mechanical, the region’s premier Design/Build mechanical contractor in the commercial and high tech sectors, announced today that it has merged with Total Plumbing, one of Colorado’s most recognized names in residential and commercial plumbing services. The merger will increase the combined total number of employees to over 350 and annual revenues to $95 million. The merger will encompass Total Plumbing’s commercial clients, while its Special Projects and Service divisions will remain under the Total Plumbing name led by Shawn Kennedy. “MTech and Total Plumbing have enjoyed a strong working relationship for many years,” said Thomas Dean, president and co-founder of MTech. “This merger answers what our clients have asked for, a company that provides true design/build commercial HVAC and plumbing capabilities complemented with strong maintenance and repair services.” Steve Kugler, executive vice president and co-founder of MTech, leads the integration efforts. “This merger allows us to provide better service to our clients, deepens our craft resources, and provides additional growth opportunities for our employees,” he said. “Together we will be well-positioned to take advantage of Colorado’s improving construction market.” “Our cultures blend perfectly because both companies share a commitment to integrity and excellence in the services we provide,” explained Roger Rayfield, CEO and founder of Total Plumbing. “Both companies see this union as a natural progression, as the most logical next step in providing enhanced services to our clients.” Rayfield will join MTech’s board of directors. The acquisition also reflects the industry trend toward companies self-performing a wider spectrum of services and will allow MTech Mechanical to better serve the plumbing needs of its clients. ABOUT MTECH MECHANICAL: Denver-based MTech Mechanical, founded in 2002, is the region’s premier provider of mechanical systems in the commercial and high tech sectors. The company provides comprehensive design/build/maintenance services for commercial and industrial customers and products include HVAC, plumbing, chemical process, repair and preventive maintenance services. Through combining traditional experience with the most cutting-edge technologies, MTech has become a preferred strategic partner for transforming the environment in industries such as pharmaceutical manufacturing, biotech laboratory, cleanrooms, data center, educational, institutional, energy, office complex, multiunit residential and hospitality. Founded in Colorado, MTech recognizes the importance of green construction and takes an environmentally conscious approach to every project in which they’re involved. Many of their projects have achieved LEED Gold and Platinum certification, and their LEED Accredited Professionals can help clients identify areas of improvement in order to save money on energy costs or prolong the lifecycle of major mechanical or critical systems, both of which aid in the conversation of the environment. Contacts