Industry News

Centre Partners-Backed TruTemp Buys Sanford's D&D HVAC

The Apex-based HVAC, plumbing, and electrical platform bought Aberdeen's Sandhills Heating & Refrigeration in the same announcement, and Dairus Davis stays on to lead D&D. Terms were not disclosed.

ADH Acquires Badger Metals as Owners and Employees Get Platform Equity

Tigertail Capital Partners-backed Advantage Distribution Holdings (ADH) adds four Wisconsin branches in its third acquisition, after CTC Supply and cfm Distributors. Terms were not disclosed.

Landscape Workshop Buys Landwise Horticultural Services in Sarasota

The Ares-backed commercial landscape platform gets its first physical location in Sarasota, following its Tampa acquisitions of Landcrafters and Big Yellow Services. No terms were announced.

Kian Capital Buys Bay Area Commercial Landscaper Integrity Landscape

Integrity runs the Medallion, CityLeaf, and Serpico brands from five branches with 385+ employees. Its CEO stays, its founder keeps a stake and a board seat, and Kian also owns Diamond Landscaping. Terms were not disclosed.

John Stevenson Plumbing, Heating & Air Anchors New American Service Partners Platform

The Carlsbad, California, plumbing and HVAC company, founded in 1990, joins A-One Refrigeration and Howze Plumbing in a launch spanning 15-plus states, led by a capital raise Exuma Capital Partners sponsored.

A-One Refrigeration Anchors New American Service Partners Platform

Exuma Capital Partners sponsored the capital behind the Fort Lauderdale platform, which was formed from brands bought from Platform Partner Holdings and Air Today Holdings. Terms were not disclosed.