We Are Mechanical People Who Know and Love This Industry.
About TriplePoint
Our purpose is to deliver operational excellence for the built environment through strong employee engagement and company culture. We aim to deliver the best performance in the industry for customers, employees and owners.
As a super-regional Midwestern and Sunbelt corporation, TriplePoint looks to strategic acquisition to expand our delivery of operational excellence across the nation. We provide mechanical, electrical and plumbing trades for the commercial space, with an emphasis on agility, innovation and technical capability. We are bringing together full-line mechanical, electrical and plumbing companies aiming for the next level of operational excellence without sacrificing the heart of their business.
Adapting best practices to fit each of our companies drives sustainable growth and financial performance. We understand what it takes to create a successful and respected business in our industry, and we lever that knowledge to the advantage of each of our operating companies.
Our impressive growth stems from a prudent financial orientation. We strictly limit the amount of debt we use to operate and grow TriplePoint. With operations in Kansas City, Cincinnati, Columbus, Dayton, Indianapolis, Lexington, Elkin, NC, Winston-Salem, Dallas and Houston, we now rank among the top 10 largest mechanical firms in the U.S.
Capabilities
Our companies are experts in the latest technologies and equipment to install, replace or maintain your systems in environments ranging from demanding sterile lab and food processing applications to your office or school HVAC systems. Additionally, our companies provide fabrication solutions that allow multiple systems to be assembled and delivered on-site, ready for installation.
TriplePoint is currently seeking operating companies with comprehensive capabilities for installing and maintaining electrical systems. Including but not limited to low-voltage installations, transformers, integrated building automation systems, panel replacements, emergency lighting and LED lighting upgrades.
We understand the plumbing challenges and needs for projects of all sizes. Our operating companies provide contracting and service capabilities for medical gas, storm systems, sanitary waste and vent, instrument air and domestic water Additionally, we specialize in fabrication of multi-faceted plumbing systems such as trench drains, plumbing headwalls and water heater skids.
Purpose
TriplePoint refers to the temperature and pressure at which the three phases of a substance – gas, liquid, and solid – are in equilibrium. Our goal is to tune our organization to a triple point of performance for our customers, employees, and investors.
We stand for uncompromising integrity and fair dealing. We seek out opportunities to support the communities in which our people live and our companies operate. We understand the power of being on a winning team.
Our employees are among the best craftspeople in the industry at delivering comfortable and productive built environments. That is important work. We aim for our people to be fully engaged in this work, operate safely and spend their entire careers with us.
This powerful combination of our core values with agility, innovation and technical capability enables our customers and our employees to feel like they are a part of something bigger.
Values
Safety first. Always first. This is a prerequisite to building safe, comfortable and productive built environments. TriplePoint operating companies maintain extraordinary safety records – that’s who we are.
An expert and engaged field force does wonders in service to customer expectations. We strive to not only satisfy customers, but also delight them.
Among our highest values is strong employee engagement. We want our employees to feel listened to, respected and valued for the craft and the dedication they deliver. We regularly measure employee engagement and believe we rank at the top of our industry in this important characteristic.
Technical excellence and innovation are at the center of our business. Paired with efficient delivery, these principles offer value to our customers and suppliers. TriplePoint provides apprenticeship programs, ongoing education and training for ever-evolving technical and professional growth opportunities.
We operate with financial prudence, strictly limiting the amount of debt we use to manage and grow the company. In our business, this approach best serves employees, customers and shareholders.
Board Members
TriplePoint’s leadership shares broad industry and investment experience and is dedicated to providing a high-quality, engaged workforce to our customers, technical excellence to their building needs and fair returns to our investors.
Gordie Beittenmiller
CEO, TriplePoint
Gordie Beittenmiller has spent over 25 years in AEC as an entrepreneur, an operating and financial executive, a board director and a consultant. He has founded or co-founded four companies in the AEC space, all of which are ongoing, including co-founding Comfort Systems USA in 1996. Comfort went public in 1997, became the largest mechanical services firm in the US during his tenure, and continues its long successful run today. Beittenmiller also served as CEO of Kinetics, then the largest private mechanical services company in the US. Kinetics was named one of the twelve safest companies on his watch and was the only AEC firm on the list. His AEC mergers and acquisitions experience extends to approximately 150 transactions and more than $2 billion in investments and proceeds.
Watch Gordie’s Video
Bill Riddle
President, TRIPLEPOINT
Bill Riddle has over 30 years of experience in the mechanical industry, including his current role as President of TriplePoint. Previously, he was President and CEO of TP Mechanical where he started in 1985 as an apprentice plumber. His posts included superintendent, project manager and vice president of commercial construction before assuming the role of CEO.
Fran McCann
CEO, POLK MECHANICAL
Fran McCann has been with Polk Mechanical for 20 years, bringing his total experience in the industry to over 33 years. He has been in his current role for 12 years. McCann has been active in numerous industry associations as part of his leadership of Polk.
Tom Wilson
CFO, TriplePoint
Prior to TriplePoint, Tom Wilson served as the CFO of TP Mechanical for over 20 years. Before coming to TP Mechanical, he served in similar executive positions in the AEC and cable industries. At TP, Wilson was responsible for all outside financial relationships, including banking, surety and outside investments. Wilson also serves on the board of directors at TP Mechanical. He is a Certified Public Accountant.
August Pence
Principal, Centerfield Capital
August “Augie” Pence joined Centerfield Capital in 2017. His primary responsibilities have included assisting with the evaluation, execution and monitoring of investments. He has also supported deal origination and marketing. Pence has spent his entire career in middle-market private equity and investment banking. Prior to TriplePoint and Centerfield, he was an associate at Prospect Partners in Chicago, a lower-middle-market private equity fund focused on leveraged buyouts and recapitalizations. At Prospect, Pence was actively involved in all aspects of the firm’s investment process. Earlier, he was an analyst in the Chicago office of the Investment Banking Group at Stout where he worked on middle-market mergers and acquisitions.
Faraz Abbasi
Managing Partner, Centerfield Capital
Faraz Abbasi joined Centerfield Capital in 2001. His responsibilities at Centerfield have included investor relations, overseeing due diligence, executing transactions and portfolio management. He currently oversees the firm as Managing Partner and is a member of the Partnership’s Investment Committee. Abbasi has 20+ years of experience in private equity. Prior to Centerfield, he held sales and product development roles at Praxair and Rodel, where he was the lead researcher and developer of next generation consumables for the microelectronics industry and was awarded a patent.
Oliver Maggard
Managing Director, Caymus Equity
Oliver “Ollie” Maggard is a co-founder and managing partner of Caymus Equity, with more than 32 years of private equity investing, sales and marketing and financial experience focused on the lower-middle market. Prior to Caymus, he spent seven years as a partner of Regent Capital Partners, a private equity firm that focused primarily on lower-middle-market companies in the consumer and business services industries. One of Maggard’s signal investments was in Buffalo Wild Wings where he also served on the Board. During his board service, the company’s revenues grew from $34 million to almost $130 million following a successful IPO and exit. Maggard remained an active board member for another 14 years, departing when the company’s total market capitalization was over $3 billion.
Geoff Faux
Managing Director, Caymus Equity
Geoff Faux has over 30 years of private equity investing, senior executive and financial experience focused on the lower-middle market. He is a co-founder and managing partner of Caymus Equity, setting the firm’s strategic direction and overseeing the investment and portfolio management activities of the firm. Prior to founding Caymus Equity in 2001, Faux was a senior executive of Orthodontic Centers of America, Inc. (OCA), a former New York Stock Exchange company, for nearly four years, including over two years as president and a member of the company’s board of directors. During this tenure, he was responsible for the operations of the company and played a key role in building OCA’s infrastructure and driving significant growth. Prior to OCA, Faux was an executive with several major investment banking firms, including Drexel Burnham Lambert Incorporated, Bear Stearns & Co., Inc., and Prudential Securities, Inc., providing merger and acquisition and financing advice exclusively to middle- and lower-middle-market companies.