Green Mechanical Becomes Employee-Owned, Backed by Prairie Capital Advisors
Key Highlights
- Employee ownership model creates long-term value for workforce while supporting contractor growth
- Multi-state mechanical contractor strengthens position across commercial and institutional markets
- ESOP structure reinforces culture, retention and performance across field and office teams
OAKBROOK TERRACE, IL — Green Mechanical Construction Holdings, Inc., a multi-state mechanical contractor serving commercial, industrial and institutional markets, has transitioned to an employee stock ownership plan (ESOP), creating a new ownership structure designed to support long-term growth and reward its workforce.
Prairie Capital Advisors, Inc. served as exclusive financial advisor to Green Mechanical and its shareholders throughout the transaction. Terms were not disclosed.
Employee Ownership Model Supports Long-Term Growth
The ESOP transition positions Green Mechanical to maintain its operational approach while giving employees a direct stake in the company’s future performance.
“This is an exciting new day for our team at Green Mechanical, and it would not have been possible without the diligence and attention-to-detail of the Prairie team. From the very first meeting, we knew that Prairie was the correct choice to guide us through this process, and they absolutely delivered. Now, we can enter confidently into a new era of wealth-building for our employee-owners,” said Wes Simpson, President and CEO at Green Mechanical Construction, Inc.
Established Contractor Expands Multi-State Footprint
Headquartered in Glasgow, Kentucky, Green Mechanical brings more than 40 years of experience delivering mechanical systems across commercial, industrial, healthcare, institutional and government projects. The company operates additional offices in Lexington, Kentucky, and Charlotte, North Carolina, with recent expansion into Florida.
Licensed across multiple states throughout the Midwest and Southeast, the contractor is known for executing complex projects on schedule and within budget, while maintaining a strong focus on safety, trust and performance in the field.
Structured ESOP Process Supports Smooth Transition
Prairie Capital Advisors worked closely with Green Mechanical’s leadership team throughout the ESOP process, managing due diligence, transaction structuring and financing.
“It was a privilege to work with Green Mechanical on this important ESOP transaction. We were proud to partner with such a dedicated and values-driven team to deliver an ownership transition solution that both honors their legacy and unlocks future opportunities for employees. This transaction represents another successful construction engagement for Prairie this year and one we are especially proud of,” said Franco Silva, Managing Director at Prairie.
“It’s always great to work with owners who are passionate about their business and want to reward the employees who have helped them build their company,” added Tim Jamison, Managing Director at Prairie. “These are qualities that the ownership of Green Mechanical display. This transaction was a great outcome for them, and it will be life-changing for their employees. It is very exciting and rewarding to bring another Kentucky company into the employee ownership world.”
To learn more visit www.prairiecap.com.