Dulles Plumbing Group, Inc. Acquired by Vertical Mechanical Group, a Portfolio Company of Slate Capital Group

Transactions

Chesapeake Corporate Advisors Serves as Exclusive Financial Advisor

Dulles Plumbing Group, Inc. Acquired by Vertical Mechanical Group, a portfolio company of Slate Capital GroupBaltimore, MD – November 17, 2026 – Chesapeake Corporate Advisors (“CCA”) is pleased to announce it has served as the exclusive financial advisor to Dulles Plumbing Group, Inc. (“DPG” or “the Company”), a leading commercial plumbing and HVAC contractor serving customers across Virginia, Maryland, and Washington, D.C., in its partnership with Vertical Mechanical Group (“VMG”), a portfolio company of Slate Capital Group.

Headquartered in Ashburn, Virginia, DPG has developed a strong reputation over 20 years as a trusted provider of plumbing and HVAC services. The Company has established deep customer relationships and operational excellence across the commercial, institutional, and data center end markets, delivering exceptional service grounded in honesty, professionalism, and technical expertise.

Dulles Plumbing Group’s President, Dave Hudgens stated, “We are sincerely grateful to have had CCA’s guidance and expertise throughout this process. Having never gone through the sale of a business, I was blown away by the details in their approach and the cohesiveness of their team. Honestly, I felt surrounded by brilliant people from start to finish. Their immense effort, dedication, and collaboration went beyond our expectations.”

Tim Brasel, Managing Director at CCA, commented, “It was a privilege for CCA to support DPG in reaching the ideal outcome with the right partner to drive the Company’s next phase of growth. We are excited for the Company as it begins this new chapter with VMG, and we congratulate Dave and the team on this significant achievement.”

In addition to Mr. Brasel, CCA’s investment banking team on this transaction included Director Katie Kieran, Vice President Aidan Olmstead, and Analyst Oliver Hogg. Nelson Mullins served as legal counsel to DPG.

About Dulles Plumbing Group, Inc.

Since 2006, DPG has been a trusted provider of commercial plumbing and HVAC services in the Mid-Atlantic region. Licensed and insured across Virginia, Maryland, and Washington, D.C., the Company is known for technical expertise and distinguished customer service. DPG serves clients across mission-critical end markets with a commitment to technical expertise, reliable service, and a results-driven culture. To learn more, visit www.dullesplumbinggroup.com.

About Vertical Mechanical Group

Formed from the 2021 merger of Anderson Mechanical Services, Inc. and Inspiration Plumbing Company and based in Reston, Virginia, VMG specializes in commercial mechanical and plumbing construction, design-build services, precision metal fabrication, and comprehensive HVAC and plumbing maintenance and emergency services. VMG serves a blue-chip customer base across Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia, and West Virginia. To learn more, visit www.vmgmech.com.

About Slate Capital Group

Established in 2004 with offices in Florida, Maryland, Ohio, and Tennessee, Slate Capital Group is a private equity investment firm specializing in lower-to-middle market companies with annual EBITDA between $3 million and $30 million. Slate focuses on business services, distribution, and select light manufacturing. Slate’s principals invest their own capital alongside investors, enabling a patient, long-term approach to value creation. To learn more, visit www.slatecap.com.

About Chesapeake Corporate Advisors

Chesapeake Corporate Advisors is a boutique investment banking and corporate advisory firm providing strategic advisory services (value creation) and investment banking services (value realization) to companies in the lower middle market. For more information, visit www.ccabalt.com or call 410.537.5988.

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