Upchurch Companies sells stake to Davidson Kempner and Broadwing Capital
Davidson Kempner Capital Management LP, a global investment management firm, in partnership with Broadwing Capital Management, a private equity firm focused on family- and founder-owned companies in the manufacturing and services sectors, announced a strategic growth investment in Upchurch Companies (“Upchurch”). Upchurch is a leading family-owned regional mechanical, electrical and plumbing (“MEP”) service provider.
This strategic investment will provide resources to help Upchurch drive innovative operational improvements, capture future growth opportunities and expand its footprint organically and via acquisitions. It will also further strengthen Upchurch’s position for future strategic partnership opportunities, both in existing and prospective markets. The Upchurch family will remain committed, involved and invested in the company’s day-to-day operations.