Davidson Kempner and Broadwing back HVAC and plumbing services firm Upchurch

The Upchurch family will remain involved in the company’s day-to-day operations.

  • Horne Capital served as financial advisor to Upchurch
  • Upchurch Companies was founded in 1970 by Vennis Upchurch
  • Based in Dallas, Broadwing invests in the manufacturing and services sectors

Davidson Kempner and Broadwing have invested in Upchurch. a Mississippi-based regional mechanical, electrical and plumbing service provider. No financial terms were disclosed.

The Upchurch family will remain involved in the company’s day-to-day operations.

On the transaction, Broadwing co-founders Eliot Kerlin and Andrew Boisseau said in a statement, “We identified Upchurch as part of our commercial facility services theme and immediately recognized that it is a special company. We’re thrilled to make Upchurch the second investment in Broadwing Capital Fund I LP, and we’re grateful that the Upchurch family trusts Broadwing and Davidson Kempner to build on the company’s strong legacy.”

Horne Capital served as financial advisor to Upchurch.

Upchurch Companies was founded in 1970 by Vennis Upchurch.

Davidson Kempner has more than $37 billion in assets under management.

Based in Dallas, Broadwing invests in the manufacturing and services sectors.

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