Blackford Capital Launches HVAC and Construction Services Platform

Blackford Capital has launched a new platform focused on HVAC, electrical, and diversified construction services, consolidating its recent acquisitions of Habco Partnership and Moro Corporation, both acquired in December 2025 and merged under the Habco brand, according to Private Equity Wire. The platform aims to create a scalable, integrated service provider, with CEO Andrew Habel leading the combined operations.

Platform Launch and Acquisitions

Habco Partnership, a national full-service design-build electrical contractor, and Moro Corporation, a construction services and materials company, were acquired by Blackford in December 2025 and have now been integrated under the Habco brand. Habco, founded in 1973 and headquartered in St Louis, MO, serves sectors including warehousing, senior living, and industrial facilities, using in-house engineering capabilities for end-to-end project support. Moro, based in Natick, MA, provides HVAC, electrical, structural steel, and sheet metal ductwork services across the Northeast, including New York, New Jersey, and Massachusetts, with its businesses such as Apollo Heating, Rondout Electric, and Whaling City Iron Co continuing to operate under their existing brands.

Strategic Vision from Leadership

Jeff Johnson, Managing Director at Blackford, stated that the platform positions the company to meet rising demand for energy-efficient solutions amid aging infrastructure. He added that Blackford’s vision is to build a platform with a wide geographic footprint and diversified service offerings to drive sustained growth, and that the firm will continue to seek complementary acquisitions. Andrew Habel emphasized the strategic advantage of combining the two firms, highlighting the potential for a ‘one-stop shop’ offering to blue-chip clients and the role of Blackford’s operational expertise in scaling the platform.

Legal and Operational Details

Legal advisory for the transactions was provided by McGuireWoods for Blackford, Carmody MacDonald for Habco, and Harter Secrest & Emery LLP for Moro, as reported by Private Equity Wire. This consolidation under the Habco brand integrates Moro’s regional services with Habco’s national capabilities, forming a more comprehensive service provider in the construction sector.