CHICAGO — Foundral has officially launched as a new platform focused on acquiring and integrating commercial mechanical contracting companies across the Midwest. Backed by McNally Capital, the platform builds on the foundation of Smith & Oby and its subsidiary DSO, two long-established contractors serving Ohio and West Virginia.
According to McNally Capital, Foundral is designed to unite respected union-backed mechanical firms and support them with centralized operational resources. The initiative aims to strengthen regional capabilities while helping contractors modernize and scale. Ravi Shah, Partner at McNally Capital, said the platform brings together accomplished contractors while preserving each company’s legacy and workforce.
Foundral has appointed Jason Richards as Executive Chairman of the Board and Chief Executive Officer. Richards has more than 33 years of experience in infrastructure services and has led growth and operational improvements for multiple businesses. His background includes mechanical engineering, electrical systems, building controls and energy service solutions.
Richards said Foundral’s strategy focuses on acquiring high-performing commercial mechanical contractors with strong HVAC specialization, union labor and annual revenues of at least $25 million. Target markets include data centers, hospitals, manufacturing facilities and colleges and universities. The company expects increased demand from the expansion of data centers and other advanced infrastructure throughout the Midwest.
Foundral plans to integrate new partners through a structured support system designed to improve efficiency, workforce depth and project delivery. The company is positioning itself to help contractors meet the region’s growing need for mechanical, electrical and building systems expertise.
For more information about Foundral, visit www.foundral.com.
Note: This piece was created with the help of generative AI tools and edited by our content team for clarity and accuracy.
Whether you require installation, repair, or maintenance, our technicians will assist you with top-quality service at any time of the day or night. Take comfort in knowing your indoor air quality is the best it can be with MOE heating & cooling services Ontario's solution for heating, air conditioning, and ventilation that’s cooler than the rest.
Contact us to schedule a visit. Our qualified team of technicians, are always ready to help you and guide you for heating and cooling issues. Weather you want to replace an old furnace or install a brand new air conditioner, we are here to help you. Our main office is at Kitchener but we can service most of Ontario's cities
Source link
