FINANCIAL ADVISOR
Gallo Mechanical
M&A Advisory
Has Been Acquired By
Transaction Details
On June 23, 2025, Citation Capital (“Citation”), a private equity firm specializing in partnering with founder- and family-led businesses, announced the acquisition of a majority stake in Gallo Mechanical (“Gallo” or the “Company”).
Founded in 1945 in New Orleans and now in its fourth generation of family ownership, Gallo proudly serves the southern United States—from Houston to the Carolinas—with an unwavering commitment to its people and to delivering exceptional customer service and execution. With deep experience in the healthcare and education sectors, Gallo has strategically expanded into the industrial and high-tech mechanical construction and service markets, positioning itself as a trusted leader in complex, fast-evolving industries. Backed by a strong partnership with Citation Capital, the company is well-positioned to capitalize on major market trends, including data center expansion, manufacturing reshoring, and the growing demand for energy efficiency.
Gallo’s management team will retain a significant interest in the Company.
About the company
Gallo Mechanical
Gallo Mechanical is a recognized regional market leader in providing mission-critical, complex HVAC and plumbing services to its clients across the Southeastern U.S. with a deep commitment to its employees, safety and customer satisfaction. Founded in 1945 by August R. Gallo Sr., the 4th generation company is guided by its values of family, service, and performance. Gallo Mechanical partners with its blue-chip customers from day one, delivering seamless installation, top-tier retrofit, and proactive maintenance that maximizes efficiency and longevity. For more information, visit www.gallomechanical.com.
Citation Capital
Founded in 2023 by Tiffany K. Hagge and Lydie B. Hudson, Citation is a next generation private equity firm specializing in mid-cap control buyout investments in the services, industrial and select consumer sectors across North America. With a strong track record of partnering with founder- and family-led businesses, the Citation team continues to build upon its investments in businesses with defensible market potential, while preserving and compounding the legacies of families and founders. Citation is built on shared values and a relentless focus on performance, generating value through a hands-on, differentiated approach. Citation is headquartered in Dallas, TX, with an office in Greenwich, CT. For more information, visit www.citation.capital.com.
Sources: Press Release.
-
This material has been prepared solely for informational purposes as of its stated date. It is not a solicitation, recommendation or offer to buy or sell any security and does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this material. All information and data included in this material has been sourced from company announcements and other sources cited in this material, but Stephens has not independently verified such information and does not guarantee that it is accurate or complete. No subsequent publication or distribution of this material shall mean or imply that any such information remains current at any time after the date of preparation of this material. Stephens does not undertake to advise you of any changes in any such information. Additional information is available upon request.
“Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2025 Stephens.