AMPAM Expands Mechanical Capabilities with Acquisition of Multi Mechanical

CARSON, CA (November 28, 2023) - AMPAM Parks Mechanical, Inc. ("AMPAM" or the "Company"), a portfolio company of Gemspring Capital and a full-service provider of design-build plumbing solutions serving the multifamily end market, announced today that it has acquired Multi Mechanical, Inc. ("Multi Mechanical"), a HVAC services provider focused on the multifamily market in Southern California. Terms of the transaction were not disclosed.

About AMPAM

Based in Carson, CA, AMPAM is a leading plumbing provider focused on large multifamily residential projects. AMPAM's best-in-class operations are driven by high-quality service with a unique focus on data and analytics. AMPAM's proprietary design-build and pre-fabrication capabilities enable AMPAM to optimally handle large-scale projects and maximize operational efficiencies providing significant cost-savings to customers.

About Multi Mechanical

Based in Corona, CA, Multi Mechanical is a leading HVAC services provider focused on the multifamily market. With a 20-year track record and reputation for operational excellence and breadth of expertise, Multi Mechanical has established itself as a trusted partner to leading multifamily general contractors and developers in Southern California.