MechCan Inc. Announces Transaction with Pro Ace Heating & Air Conditioning

TORONTO--(BUSINESS WIRE)--MechCan Inc. (“MechCan”) is pleased to announce its acquisition of Pro Ace Heating & Air Conditioning (“Pro Ace”). Pro Ace gives Vancouver homeowners the peace of mind that their heating and air conditioning systems are operating properly, safely and efficiently during all seasons. This marks MechCan’s seventh transaction since its launch in January 2022 and its first in British Columbia. MechCan was founded to enable owner-operators of HVAC, plumbing and electrical contractors across Canada to realize the value in their business while preserving their legacy and best positioning their business for sustainable growth.

“As a proudly Canadian company, MechCan is thrilled to expand its footprint across the country with the addition of Pro Ace to our family of brands,” said Spencer Ross, Co-Founder of MechCan. “Pro Ace sets the foundation for MechCan’s platform in British Columbia. We are actively looking for additional acquisitions to enable us to better serve the heating, plumbing and electrical needs of more BC homeowners.”

“Since its inception in 2005, Pro Ace’s success has been driven by our commitment to customer satisfaction,” said Ali Soroush, Pro Ace’s Owner-Operator. “This transaction with MechCan ensures that homeowners in our community will be able to count on Pro Ace for reliable, knowledgeable and reasonably priced HVAC installation, repair and service for generations to come.”

Pro Ace will continue to operate under its local brand and retain its top-notch team of experienced technicians and support staff. Pro Ace’s insured, bonded and licensed technicians are available 7 days a week for installation, service or repairs on furnaces, air conditioners, heat pumps, water heaters and boilers. Pro Ace also offers 24-hour service since emergencies do not always happen during business hours.

About MechCan Inc.

MechCan is a proudly Canadian acquiror of and partner to mechanical services businesses nationwide. MechCan provides upfront liquidity, ongoing cash distributions, and long-term alignment to entrepreneurs and owners of HVAC, plumbing, and electrical contractors in return for an economic stake in their business. Partner companies maintain their local brand and continue to operate independently while benefitting from shared services and assistance with business operations.

For more information on MechCan, visit www.mechcan.ca

Residents of Vancouver, North Vancouver, West Vancouver, Burnaby, New Westminister, Coquitlam, Port Coquitlam, Port Moody, Maple Ridge, Pitt Meadows, Richmond, Ladner, Tsawwassen, Abbotsford, Langley, Surrey, Cloverdale, White Rock and the surrounding areas can learn more about Pro Ace’s services at www.acecare.ca

For more information on services offered by MechCan’s family of brands, visit:
www.acecare.ca
www.brsplumbingandheating.ca
www.comfortzonecanada.com
www.gclounsbury.com
www.hy-mark.ca
www.jdswallow.com
www.thesheatingcooling.ca