Slate Capital Group, a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies, announced today its most recent investment, Vertical Mechanical Group (VMG). Based in Sterling, Virginia, VMG is a full-service HVAC and Plumbing contractor specializing in large scale commercial projects.
“We were impressed by Vertical Mechanical Group’s stellar reputation, advanced technologies, efficient and economical solutions, strong leadership team, and experienced employees. As one of the preeminent HVAC and Plumbing contractors in the Mid-Atlantic, VMG is the ideal partner for us to pursue our growth objectives in the Eastern United States,” stated Erik Ginsberg, Co-Founder and Managing Partner, Slate Capital Group. “This partnership is a terrific opportunity to provide financial support and bring knowledge assets to VMG.”
“Since the establishment of Vertical Mechanical Group in 2021, we have seen a wide adoption of our world-class HVAC and Plumbing services. To expand our market further, we know that liquidity and intellectual capital is essential,” said Daniel Rude, CEO, Vertical Mechanical Group, and former President, Inspiration Plumbing Company. “Slate Capital Group has been an integral partner in other strategic initiatives in the past year, and they demonstrated that their team is the best partner in moving forward to bring our products and services to a larger audience.
“We are grateful for the Slate team’s ability to assist us in strengthening our client relationships and service networks, operational processes, economical solutions, internal resources, and advanced technologies, all while improving organizational efficiency both internally and externally,” shared Tim Anderson, President, Vertical Mechanical Group, and former President, Anderson Mechanical Services.
About Vertical Mechanical Group
Formed from the 2021 merger of Anderson Mechanical Services Inc. (AMSI) and Inspiration Plumbing Company (IPC), Vertical Mechanical Group specializes in mechanical construction, upfits, and service for large hotels, multi-family housing, and senior living facilities. VMG services a blue-chip customer base, including building owners, general contractors, facility managers, and companies such as Clark Construction, Hitt Contracting, Moriarty, CBG, Davis, Whiting-Turner, Balfour Beatty, and Donohoe Construction. To learn more, visit https://vmgmech.com.
About Slate Capital Group
Slate Capital Group is a private equity investment group based in Baltimore, Nashville, and Cincinnati that partners with lower-middle market companies. Slate provides liquidity to business owners and growth capital to businesses for further expansion. The principals of Slate Capital Group have significant experience in both running small-to-mid-sized companies and investing in leveraged buyout transactions. The firm’s primary areas of focus include business services, distribution, and select light manufacturing investments.
Slate Capital Group’s portfolio currently consists of businesses with nationwide offices including Cumberland Diversified Metals, Horizon Facilities Services, O’Donnell Metal Deck & Bar Joist, and Vertical Mechanical Group. Past investments have included AllTrust Networks, Broadcast Sports International, CoastTec, DoublePositive Marketing Group, eCoast Marketing, Let’s Dish!, Nova Technologies, Questar Assessment, Social Solutions, and White Distribution & Supply. For additional information, visit https://www.SlateCap.com.
