Calfee Client Gallo Mechanical Announces Strategic Investment by Citation Capital

Calfee is pleased to announce that its client, Gallo Mechanical, has entered into a strategic partnership with Citation Capital by selling a majority equity stake. The transaction marks a significant milestone for Gallo as it continues to expand its presence and capabilities across the Southeastern United States.  

Founded in 1945 and now in its fourth generation of family ownership, Gallo Mechanical is a recognized regional leader in providing mission-critical HVAC and plumbing services. Gallo's management team will retain a significant ownership interest and continue to lead the company forward.  

With Citation Capital's support, Gallo is well-positioned to capitalize on significant market trends, including data center expansion, manufacturing reshoring, and the growing demand for energy efficiency. This transaction aligns with Citation's investment philosophy of backing middle-market family- and founder-owned businesses, while simultaneously compounding their legacies 

Calfee served as legal counsel to Gallo Mechanical for this transaction. Calfee's legal team was led by Firm Chairman and Corporate and Finance Partner Douglas A. Neary and Corporate and Finance Co-Chair and Partner Brent M. Pietrafese and included Partners Robert J. Ward, Maura L. Hughes, Ellen G. Dorsten, Michael K. Gall, and Jason A. Rothman, and Associate Attorneys Alexandria Beto and Nicolette T.E. Cregan.

Calfee congratulates Gallo Mechanical and Citation Capital on this exciting new chapter. 

Read the full release here. 

With 45+ dedicated attorneys, the Corporate and Finance practice group at Calfee, Halter & Griswold LLP is one of the largest and most prolific in Ohio, handling a significant number of complex and sophisticated business and financial transactions for clients across the country and globally. 

Calfee has a sophisticated and robust Mergers and Acquisitions, Divestitures, and Sales practice, annually consummating 60-75 M&A transactions, led by an active private equity client base and a large roster of public and significant privately held corporate clients. These financial and strategic buyers, coupled with our deep investment banking representations and relationships, drive a thriving and diverse M&A practice at Calfee. 

Calfee's Private Equity team – comprised of more than 30 corporate, securities, tax, and employee benefits attorneys – is dedicated to getting the deal done while remaining responsive, creative, and efficient in negotiating and closing transactions for clients. 

Calfee, Halter & Griswold LLP is a full-service corporate law firm with 160 attorneys and professionals in five offices in Cleveland, Columbus, and Cincinnati, Ohio, Indianapolis, Indiana, and Washington, D.C. Calfee serves clients in the Midwest, nationally and globally in the areas of Corporate and Finance, Employee Benefits and Executive Compensation, Energy and Utilities, Estate and Succession Planning and Administration, Government Relations and Legislation, Intellectual Property, Investment Management Law, Labor and Employment, Litigation, and Real Estate Law. Calfee has been recognized as a leading law firm by Chambers USA 2025 in Antitrust, Banking & Finance, Construction, Corporate/M&A, Employee Benefits & Executive Compensation, Energy & Natural Resources, Environment, Government Relations, Insurance, Intellectual Property, Investment Funds: Regulatory & Compliance, Labor & Employment, Litigation: General Commercial, Litigation: White-Collar Crime & Government Investigations, and Real Estate, and by Chambers HNW 2025 in Private Wealth Law. A founding member of Lex Mundi, Calfee offers international representation through a network of independent law firms with access to 22,000 attorneys located in more than 125 countries. Additional information is available at Calfee.com.