Marsden Acquires Signature MechanicalJune 3, 2022
Palen Kimball, a wholly owned subsidiary of Marsden Services, has acquired Signature Mechanical Inc.
According to a press release, the purchase of the Spring Lake Park, Minnesota-based commercial plumbing contractor will allow Palen Kimball to provide its clients in the Minneapolis metro area with an expanded suite of services. Financial terms of the purchase were not announced.
“We have found a partner who shares similar values and approaches to customer service,” said Rick Schomburger, chief operating officer of Marsden’s mechanical and facility services division. “Now that we are in a position to offer commercial plumbing, we can continue with our strategy to expand within the Twin Cities while providing our clients with an even higher level of service.”
Composed of several operating companies, Marsden Services is one of the largest privately owned facility service providers in the United States. For more information, visit www.marsden.com.