Wipfli Corporate Finance is pleased to announce the completion of the sale of Fore-Front Mechanical Inc. to the Cold Core Group, LLC

November 6, 2024

Fore-Front Mechanical, a Wisconsin-based mechanical contractor founded in 2010, offers end-to-end, customized solutions across capabilities, including stainless fabrication, process piping, HVAC and plumbing to leading customers in the food, beverage and healthcare industries.

Cold Core Group specializes in providing a comprehensive suite of industrial refrigeration services to customers nationwide. It aims to be the leader in providing turnkey solutions for all aspects of the design, build, maintenance and repair of industrial refrigeration and related systems while always staying committed to customers, quality, safety and team members.

“We have many food industry customers, and nearly all those customers have industrial refrigeration needs. In fact, so much of our work — whether it be line expansions or retrofits — touches refrigeration. Expanding our capabilities through a partnership with Cold Core Group will allow us to enhance our value proposition and offer more to our customers. Additionally, our customers have asked us to expand geographically and grow with them across the country. Cold Core Group’s seven offices and national footprint will help us accelerate expansion and scale our business,” stated Jon Wald, co-founder of Fore-Front Mechanical.

Keith Christian and Tony Spiegel, both co-founders of Fore-Front added, “Since starting this business 14 years ago, we have been fortunate to be surrounded by great people who have helped build a great culture. That has been instrumental in our success. As we look to embark on the next phase of our evolution, we are excited to do it with the team at Cold Core Group. They, too, have great people and a great culture. It really is a great fit.”

Fore-Front Mechanical, a Cold Core company, will retain its own brand, and the founders of the business will continue to be actively involved in day-to-day operations.

Details of the transaction, completed in October 2024, are confidential.

Wipfli Corporate Finance Advisors LLC acted as the exclusive financial advisor to Fore-Front Mechanical Inc. in connection with the transaction. Weld Riley, S.C. served as legal counsel.


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