P1 Service Group Acquires Sky Heating, AC, Plumbing & Electrical

P1 Service Group (Edgewater-backed) Acquires Essig Plumbing & Heating

November 16, 2022

HVAC & Mechanical

P1 Service Group, a Chicago-based home services platform backed by Edgewater Growth Capital Partners and River Sea Network, has acquired Essig Plumbing & Heating, a residential HVAC and plumbing provider based in Reading, Pennsylvania. The deal expands P1's footprint into the Mid-Atlantic region while Essig's president, Steve Essig, will continue to lead day-to-day operations and remain a shareholder.

P1 Service Group Acquires McHales

November 21, 2022

HVAC & Mechanical

Edgewater-backed P1 Service Group has acquired McHales, a nearly 70-year-old home services company based in Levittown, Pennsylvania. The deal brings McHales' plumbing, HVAC, electrical and remodeling capabilities into P1's platform to expand its presence in the greater Philadelphia region; owner Tim McHale will remain as day-to-day leader and a shareholder.

Strikepoint Group Holdings Acquires Performance Air Conditioning, Electrical & Plumbing

November 3, 2021

HVAC & Mechanical

Strikepoint Group Holdings (SGH) has acquired Performance Air Conditioning, Electrical & Plumbing, a Largo, Florida-based residential HVAC, plumbing and electrical services provider. The deal is SGH’s ninth acquisition of 2021 and is intended to expand SGH’s home‑services footprint and add complementary service capabilities in the Tampa Bay area.

The SEER Group Acquires Swan Electric Plumbing Heating & Air

April 30, 2025

HVAC & Mechanical

The SEER Group has acquired Dallas-area Swan Electric Plumbing Heating & Air, marking SEER's 42nd partner brand and its entry into the Texas market. Venture Capricorn served as exclusive sell-side advisor; founders Scott Sarlay and Nicholas Riddell sold the business and will remain aligned with SEER as the company expands its regional footprint.

Southern HVAC Corporation Acquires Pro Plumbing Services, LLC

June 29, 2022

HVAC & Mechanical

Southern HVAC Corporation acquired Pro Plumbing Services, LLC, a Lexington, North Carolina-based residential plumbing, electrical, heating and air contractor. The bolt-on expands Southern HVAC's Plumbing & Air Service Company footprint in the Piedmont Triad (Greensboro, Winston-Salem, High Point and Lexington) and allows Pro Plumbing to retain its brand while gaining access to Southern HVAC's training, sales, marketing and operational resources.

JPB Partners Acquires Bowman's Plumbing, Heating, Air Conditioning & Electrical, Inc.

October 26, 2023

HVAC & Mechanical

JPB Partners, a family office and alternative asset manager, acquired Bowman's Plumbing, Heating, Air Conditioning & Electrical, Inc., a residential HVAC, plumbing and electrical services company headquartered in Sterling, Virginia. The transaction is an add-on to JPB's residential HVAC and plumbing platform (including Blue Mountain Plumbing, Heating & Cooling) to support de novo growth and additional add-on acquisitions across Virginia.