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SubSplit Services Group acquires Ideal Consolidated

PRIVATENov 10, 2026

Acquiring Company

SubSplit Services Group

Acquired Company

Ideal Consolidated

MemphisSouth BendHolding CompaniesConstructionBuilding Maintenance

Description

SubSplit Services Group, LP has acquired Ideal Consolidated, Inc., enhancing its portfolio in mechanical contracting. This acquisition allows Ideal to continue its legacy while benefiting from SubSplit's support and resources.

Quick answer

SubSplit Services Group is acquiring Ideal Consolidated, announced November 10, 2026. SubSplit Services Group is based in Memphis, Tennessee, United States.

How much did SubSplit Services Group pay for Ideal Consolidated?
The deal value was not disclosed.
What does SubSplit Services Group do?
SubSplit Services Group, LP is a permanent capital partnership that invests in, supports and grows industrial MEP businesses that are looking for ownership succession and culture continuity.
Where are SubSplit Services Group and Ideal Consolidated based?
SubSplit Services Group is based in Memphis, Tennessee, United States. Ideal Consolidated is based in South Bend, Indiana, United States.

Source: Fundz verified event record.

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Company Information

Company

SubSplit Services Group

Location

Memphis, Tennessee, United States

About

SubSplit Services Group, LP is a permanent capital partnership that invests in, supports and grows industrial MEP businesses that are looking for ownership succession and culture continuity.

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Frequently asked

Who acquired Ideal Consolidated?

Ideal Consolidated was acquired by SubSplit Services Group, based in Memphis. The deal was reported on November 10, 2026. SubSplit Services Group, LP is a permanent capital partnership that invests in, supports and grows industrial MEP businesses that are looking for ownership succession and culture continuity. SubSplit Services Group is privately held and operates in Holding Companies.

When did SubSplit Services Group acquire Ideal Consolidated?

SubSplit Services Group's acquisition of Ideal Consolidated was reported on November 10, 2026. SubSplit Services Group, LP has acquired Ideal Consolidated, Inc., enhancing its portfolio in mechanical contracting. This acquisition allows Ideal to continue its legacy while benefiting from SubSplit's support and resources. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ideal Consolidated do?

Ideal Consolidated, Inc. has been a mechanical contractor since 1956, specializing in plumbing, industrial piping, HVAC, and design/build services for commercial, industrial, and institutional clients across northern Indiana and southwest Michigan. It is privately held, operating in Construction, and is based in South Bend.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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