SageWater Acquires AMA Repiping

Boyne Capital and Grindstone Partners Recapitalize SageWater

February 1, 2021

Construction

An affiliate of Boyne Capital, alongside Grindstone Partners and company management, partnered to recapitalize SageWater, a Alexandria, Virginia–based provider of plumbing infrastructure replacement and repiping services for multi-family residential and condominium buildings. The investment will support SageWater's growth, broaden its service capabilities, and expand its geographic footprint; the company has repiped over 100,000 occupied multi-family units and replaced more than 35 million feet of pipe since 1988.

Repipe Specialists (Gryphon Investors-backed) Acquires A-1 Total Service Plumbing

January 16, 2025

Plumbing

Repipe Specialists, backed by Gryphon Investors, acquired A-1 Total Service Plumbing, a Los Angeles-based provider of residential, commercial, municipal and industrial plumbing and pipe lining services. The A-1 management team will remain in place and founder Raymond Gray retains a significant ownership stake; the deal is Repipe's first add-on since its 2022 acquisition by Gryphon and is intended to expand Repipe's plumbing, lining and pipe rehabilitation capabilities nationwide.

Gryphon Investors Acquires Repipe Specialists

January 4, 2022

Professional Services

Gryphon Investors has acquired Repipe Specialists, a Burbank-based home services company that provides lead generation, customer qualification, training and billing services to plumbing contractors. Founder Jeff Butler will remain a significant shareholder and president as Gryphon plans to help expand Repipe's geographic footprint and accelerate growth.

Legence Acquires AMA Group and Integrates It into CMTA

August 14, 2024

Engineering Services

Legence, a Blackstone portfolio company, has acquired New York City–based engineering firm AMA Group from DC Capital Partners. AMA will be integrated into CMTA, Legence's largest MEP engineering platform, expanding Legence's capabilities in acoustics, lighting, immersive audio-visual design and strengthening its presence in New York City to support building decarbonization initiatives.

SageHome Acquires Colorado Living LLC

August 31, 2023

Construction

SageHome, a PE-backed aging-in-place home remodeling platform supported by Cairngorm Capital, has acquired Colorado Living LLC to expand its one-day bath remodeling services into the Mountain region. The deal extends SageHome's footprint to 21 states and bolsters capacity as the group pursues both organic growth and further strategic acquisitions.

Gemspring Capital Acquires AMPAM Parks Mechanical

October 4, 2023

HVAC & Mechanical

Gemspring Capital Management affiliate has acquired a majority interest in AMPAM Parks Mechanical, a Carson, California–based design-build plumbing provider serving the multifamily residential market. The founders will retain significant ownership and Gemspring plans to support geographic expansion, cross-selling of additional trade services, and M&A-driven growth to expand AMPAM's footprint and capabilities.