Alliance Group, LLC, a leading provider of commercial HVAC services across New England and a partner company of NexCore, has completed the tuck-in acquisition of Nolin Control Systems, LLC, a Vermont-based industrial automation and controls solution provider. The partnership is an important step in Alliance's continued growth strategy and expands the company's controls service offerings into new industrial end-markets. Financial terms of the transaction were not disclosed.
Founded in 2017 and headquartered in Georgia, Vermont, Nolin Control Systems has a strong focus on factory programming and supplying UL-listed control panels. The company serves a diverse base of industrial customers throughout the New England region, with a particular emphasis on the food and beverage market as well as water and wastewater automation. Under the leadership of Founder Matt Nolin, the company has built a reputation for quality workmanship and customer-first service, developing long-standing customer relationships supported by niche, complex automation capabilities. As part of the transaction, Matt Nolin will remain with the business and continue to lead day-to-day operations under Alliance's ownership, ensuring continuity for employees and customers while helping drive the next phase of growth.
With this acquisition, Alliance is broadening its service offering and customer base while creating additional opportunities for industrial customers across the region. As part of the integration, Nolin Control will leverage Alliance's established infrastructure, including recruiting support, expanded technical resources, enhanced IT systems, and broader purchasing capabilities. Customers can expect a seamless transition, with continuity in day-to-day operations and the same trusted engineers, technicians, and service teams they rely on today. Speaking about the impact of the acquisition, Tyler Johnson, President of Alliance, stated:
"We are excited to welcome Matt and the Nolin Control team to the Alliance family. Matt has built an outstanding reputation in the Vermont market, backed by deep customer relationships that surround the service-oriented nature of the business. This partnership allows us to broaden our controls service offering while bringing additional resources, technology, and support to Nolin Control's customers and employees."
The transaction marks another step in Alliance's strategic growth plan under the NexCore platform, which is backed by Dallas-based private equity firm Trinity Hunt Partners. Reflecting on the new chapter for the business, Matt Nolin, Founder of Nolin Control Systems, remarked:
"Partnering with Alliance and NexCore positions Nolin Control for its next chapter of growth. We are excited to continue providing service under Alliance's operational support, expanded purchasing power, and shared commitment. We are confident that we can continue to grow while maintaining the high quality of service and customer-centric culture that has made us successful to date."
Steve Knowles, CEO of NexCore, also commented on the strategic fit of the transaction:
"Nolin Control Systems strongly represents the criteria that fits NexCore's long-term platform strategy. Their steady reoccurring revenue base, attractive margins, and deep customer relationships make them an ideal partner for Alliance."
Founded in 2010, Alliance Group is a leader in providing best-in-class mechanical services in New England, with a strong reputation built on technical expertise, responsiveness, customer satisfaction, and integrity. NexCore is a commercial HVAC services platform focused on maintenance-driven HVAC, electrical, controls, plumbing, and other facility service solutions for commercial clients across a diverse set of end markets, with operations across Vermont, New York, Connecticut, Massachusetts, North Carolina, South Carolina, Tennessee, and Florida. The platform's partner companies include Alliance Group, Pratt & Smith, Sylvester & Cockrum, Kennedy Mechanical, Ryan Plumbing & Heating, Avonda Air Systems, DWC Mechanical, Action Air Systems, Accutemp Engineering, Lowry Mechanical, Air Comfort, Mechanical Systems Technology, and others.
Trinity Hunt Partners is a growth-oriented private equity firm with $2.5 billion of assets under management, focused on building leading B2B and B2C services companies. Trinity Hunt was ranked tenth among all firms worldwide on HEC-Dow Jones' most recent Top Small-Cap Buyout Firms List (2024). They have also been an Inc. Founder-Friendly Investor Honoree multiple years running.
The acquisition of Nolin Control Systems underscores Alliance Group's commitment to strategic growth and its efforts, alongside the NexCore platform, to strengthen its position as a leading provider of commercial HVAC, controls, and industrial automation services across New England.
