Harrell-Fish Expands Indiana Mechanical Platform with Ecofriendly Acquisition
Key Highlights
- Harrell-Fish expands platform with Bloomington-based Ecofriendly Mechanical
- Acquisition adds HVAC and energy-efficiency expertise with local leadership retained
- Deal highlights continued investor interest in regional mechanical contractors
BLOOMINGTON, IN — Harrell-Fish, LLC has acquired Ecofriendly Mechanical, expanding its mechanical contracting platform with added HVAC, heating and energy-efficiency capabilities in the Bloomington market.
Terms of the transaction were not disclosed.
The move comes just months after Harrell-Fish partnered with New State Capital Partners and signals continued consolidation activity in the regional mechanical services market.
Local Contractor Adds Four Decades of Market Presence
Also based in Bloomington, Ecofriendly Mechanical has served residential and commercial customers for more than 40 years.
The family-owned company built its reputation around heating, air conditioning and sustainable mechanical solutions, with an emphasis on service quality and customer experience.
For Harrell-Fish, the acquisition adds an established brand, skilled workforce and long-standing customer relationships in a familiar local market.
Leadership Team Remains in Place
Ecofriendly’s management team, including CEO Andy Hardisty, will remain with the business following the acquisition.
That continuity can be especially important for contractors and service companies where customer retention, technician relationships and local trust are core assets.
“When we partnered with New State in December 2025, we emphasized our commitment to accelerating growth while maintaining the culture and quality our clients expect,” said Steve Dawson, Chief Executive Officer of HFI.
Expanded Capabilities in Sustainable Mechanical Services
HFI said the combination of its operating resources and Ecofriendly’s focus on energy-efficient systems will strengthen service capabilities and broaden resources available to customers.
That may include increased capacity for retrofit work, preventative maintenance, replacement projects and sustainability-driven upgrades.
For contractors, acquisitions centered on complementary capabilities often create stronger year-round service platforms rather than simple geographic expansion.
Employees and Customers Positioned for Continuity
Ecofriendly leadership said the transition is expected to preserve service standards while creating additional growth opportunities for employees.
“I’m delighted to be joining HFI, a company that shares our deep-rooted commitment to maintaining a high standard of service in the Bloomington community,” said Hardisty. “We look forward to working with HFI’s management team as we continue prioritizing customer relationships and delivering the reliable, eco-friendly solutions our clients rely on, while providing our employees with exciting new opportunities for growth.”
Private Equity Activity Continues in Mechanical Contracting
New State Capital Partners said the acquisition reflects the broader opportunity it sees in the fragmented mechanical services market.
The deal was completed roughly four months after the investment firm established its platform with HFI.
For contractors across the industry, the trend continues to show investor interest in HVAC, plumbing and mechanical businesses with strong local brands, recurring service revenue and expansion potential.
“We established our mechanical contracting services platform with HFI just four months ago, and completing this strategic add-on acquisition so quickly underscores the compelling market opportunity,” said Shaun Vasavada, Senior Principal at New State Capital Partners.
To learn more visit harrell-fish.com.