Three Strategic Acquisitions Bring NexCore to Over 900 Employees Nationwide

NexCore (or the “Company”), a leading provider of commercial HVAC services in the United States, concluded 2025 with continued momentum and strategic growth. The Company expanded its footprint through three acquisitions in 2025, adding more than 155 employees and bringing the total NexCore team to over 900 full-time employees across six operating hubs nationwide. NexCore now services a broad geographic region across the Northeast and Southeast, supporting a diverse base of commercial clients.

NexCore’s 2025 growth included the addition of Action Air Systems, Accutemp Engineering, and FX Automation, each of which strengthened the Company’s presence and service capabilities in the Northeast.

Action Air Systems, based in Connecticut, is a full-service mechanical contractor offering commercial HVAC service through preventive maintenance contracts, design and build, installation and repair, plumbing, piping, and sheet-metal fabrication to commercial, industrial, institutional, and government clients. Accutemp Engineering, based in Massachusetts, provides commercial HVAC service through preventive maintenance contracts, design and build, construction, air quality testing, and ductwork services. FX Automation, a commercial HVAC controls solutions provider serving customers throughout Massachusetts, was acquired as a tuck-in to Accutemp, enabling the platform to bring building automation and controls capabilities in-house and further enhance service and installation offerings for customers.

These acquisitions mark the ninth, tenth, and eleventh additions to the NexCore platform since its formation in March 2023 by Trinity Hunt Partners. NexCore has steadily expanded through a combination of platform and tuck-in acquisitions, including Alliance Group, Pratt & Smith Electric, Sylvester & Cockrum, Avonda Air Systems, Rycandon Mechanical, Kennedy Mechanical, and Ryan Plumbing & Heating.

“As NexCore approaches its third anniversary, we are proud and excited to welcome Action Air, Accutemp, and FX Automation to the NexCore family,” said Steve Knowles, CEO of NexCore. “These companies are deeply rooted in their communities and share our commitment to customer service and employee experience. Our partnership with Trinity Hunt continues to accelerate our growth, allowing us to invest in people, processes, and technology that enhance our service capabilities. We remain focused on building a workplace culture that supports our team and delivers consistent results for our customers.”

Over the past 18 months, NexCore has also strengthened its leadership team with key executive additions, including Brian Nienstedt as Chief Development Officer, Brandt Walker as Chief Operating Officer, Al Rollins as Chief HR Officer, and Troy Scott as Chief Financial Officer. Together with CEO Steve Knowles, the management team is building a national leader in commercial HVAC services, scaling best-in-class service organizations through disciplined acquisition and integration.

“NexCore’s success in partnering with high-quality businesses and executives demonstrates the platform’s ability to establish a strong foothold in a highly fragmented industry,” said Garrett Greer, Partner at Trinity Hunt. “Action Air, Accutemp, and FX Automation represent the type of partners we seek to continue attracting as we expand our platform and better serve our growing customer base.”

NexCore continues to seek opportunities to expand its platform with like-minded partner companies in the commercial HVAC industry. For more information, please visit www.nxcus.com.

About NexCore

NexCore is a commercial HVAC services platform focused on providing maintenance-driven HVAC, electrical, controls, plumbing, mechanical, and other facility service solutions for commercial clients across a diverse set of end markets. The platform's comprehensive service offerings are backed by a strong reputation for excellence in client service and delivery, paired with an industry-leading culture. For more information, visit www.nxcus.com.

About Trinity Hunt Partners

Trinity Hunt Partners is a growth-oriented private equity firm with over $2 billion of assets under management focused on building leading B2B and B2C services companies. Trinity Hunt’s mission is to provide the talent and strategic, operational, and financial capabilities needed to build entrepreneurial services companies into market leaders. Trinity Hunt was ranked tenth amongst all firms worldwide on HEC-Dow Jones’ most recent Top Small-Cap Buyout Firms List (2024), which ranks firms based on their performance for investors across funds raised over a 10-year period. For more information, visit www.trinityhunt.com.

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The Company expanded its footprint through three acquisitions in 2025, adding more than 155 employees and bringing the total NexCore team to over 900 full-time employees across six operating hubs nationwide.