Calfee is pleased to announce that its client, Gallo Mechanical, has entered into a strategic partnership with Citation Capital by selling a majority equity stake. The transaction marks a significant milestone for Gallo as it continues to expand its presence and capabilities across the Southeastern United States.
Founded in 1945 and now in its fourth generation of family ownership, Gallo Mechanical is a recognized regional leader in providing mission-critical HVAC and plumbing services. Gallo's management team will retain a significant ownership interest and continue to lead the company forward.
With Citation Capital's support, Gallo is well-positioned to capitalize on significant market trends, including data center expansion, manufacturing reshoring, and the growing demand for energy efficiency. This transaction aligns with Citation's investment philosophy of backing middle-market family- and founder-owned businesses, while simultaneously compounding their legacies
Calfee served as legal counsel to Gallo Mechanical for this transaction. Calfee's legal team was led by Firm Chairmanand Corporate and Finance Partner Douglas A. Neary and Corporate and Finance Co-Chair and Partner Brent M. Pietrafese and included PartnersRobert J. Ward, Maura L. Hughes, Ellen G. Dorsten, Michael K. Gall, and Jason A. Rothman, and Associate Attorneys Alexandria Beto and Nicolette T.E. Cregan.
Calfee congratulates Gallo Mechanical and Citation Capital on this exciting new chapter.
Read the full release here.