TriplePoint MEP ("TriplePoint" or the “Company”), one of the nation's leading mechanical service providers to commercial, industrial and institutional markets, is pleased to announce the appointment of Andrew Mark as its Chief Financial Officer (CFO), effective December 2024.
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Andrew Mark, newly named CFO of TriplePoint MEP (Photo: Business Wire)
Andrew brings a wealth of financial, corporate development, and operational leadership experience to TriplePoint. He has served as an executive in private-equity-backed multi-site services businesses over the last decade after starting his career as a private equity investor and in investment banking.
At TriplePoint, Andrew will lead the financial organization, build shared services, oversee the unification of the Company's operating divisions under common reporting platforms, and spearhead M&A.
His hiring follows Stellex Capital Management's recent investment in TriplePoint, a strategic partnership designed to expand the company’s capabilities and geographic reach.
"I am thrilled to join TriplePoint,” commented Mr. Mark. “The Company is well on its way to becoming one of the nation's preeminent MEP providers and I am looking forward to helping the team reach new heights."
Gordie Beittenmiller, TriplePoint's CEO, added, "Andrew brings deep analytical capability and strong communication skills to our leadership team. With him, we will be more effective in executing our growth strategies in the mechanical sector. We are excited to see how we will work together.”
About TriplePoint
TriplePoint is one of the 10 largest providers of mechanical services in the United States, with principal operations in Texas, Ohio, Kansas, and North Carolina, operating under the following brands: Polk Mechanical, TP Mechanical, Temp-Con, Commercial Air Systems, and Professional Air Systems. TriplePoint offers a wide range of services across mechanical, electrical, and plumbing trades for the commercial, industrial and institutional markets with an emphasis on agility, innovation, and technical capability. The company has an impressive track record of performance while maintaining adherence to core values around customer service, employee safety and engagement and community partnership.
TriplePoint is eager to continue its strong growth trajectory through a combination of organic growth and strategic acquisitions. Additional information may be found at www.triplepointmep.com.
About Stellex Capital Management
With offices in New York, Pittsburgh, Detroit, and London, Stellex Capital is a private equity firm with over $3.9 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that stand to benefit from its operationally focused and hands-on approach to investing. Portfolio companies are supported by Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insights, and access to capital. Sectors of particular focus include aerospace, defense & government services, transportation & logistics, manufacturing, real economy & business services, industrial tech, food processing and tech-enabled services. Additional information may be found at www.stellexcapital.com.
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Contacts
Gordie Beittenmiller
713-444-0455
gbeit@triplepointmep.com