# ACIS acquires Team Services to expand HVAC services in Texas

Air Conditioning Innovative Solutions (ACIS), a portfolio company of Caltius Equity Partners, has acquired H.V.A.C. Team Mechanical Services (Team Services), an HVAC maintenance and service provider in Austin, Texas. The deal expands ACIS's geographic footprint into the Austin market.

- Type: Acquisition
- Announced: 2020-12-15
- Where: Austin, Texas, United States
- Status: completed
- Products: HVAC maintenance and repair services, plumbing services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Air Conditioning Innovative Solutions](https://endata.com/companies/51896.md) (acquirer)
- [H.V.A.C. Team Mechanical Services](https://endata.com/companies/51897.md) (target)
- [Caltius Equity Partners](https://endata.com/companies/51898.md) (investor)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20201215005067/en/Caltius-Equity-Partners-Portfolio-Company-ACIS-Acquires-Team-Services), 2020-12-15: "The transaction accomplishes a key strategic initiative of the Company by expanding its geographic footprint into the attractive MSA of Austin, Texas."
- [caltius.com](https://www.caltius.com/equity-partners/news/caltius-equity-partners-portfolio-company-acis-acquires-team-services-facility-services-platform-expands-geographic-coverage-and-service-offering-with-team-services-deal/), 2020-12-16: "The transaction accomplishes a key strategic initiative of the Company by expanding its geographic footprint into the attractive MSA of Austin, Texas."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.