Dubin Clark-backed Affordable Water Heaters and Plumbing Acquires Temperature Control, Inc.

Dubin Clark Acquires Affordable Water Heaters and Plumbing (AWHAP)

July 17, 2020

Plumbing

Dubin Clark & Company has acquired Affordable Water Heaters and Plumbing, Inc. (AWHAP), a Valencia, California–based in-home water heater replacement, repair and plumbing services provider. Midwest Mezzanine Funds and Reinsurance Group of America provided subordinated debt and equity to support the transaction; Dubin Clark said it will partner with AWHAP management to scale operations and pursue add-on acquisitions.

Dubin Clark Acquires Astar Heating & Air; Midwest Mezzanine Provides Subordinated Financing

August 30, 2019

HVAC & Mechanical

Dubin Clark & Company, Inc. acquired Astar Heating & Air, LLC, a regional provider of HVAC replacement, maintenance and plumbing services serving more than 20,000 residential homeowners in New York’s lower Hudson Valley. Midwest Mezzanine provided subordinated debt and equity to support the transaction.

Service Champions Acquires ABC Cooling Heating & Plumbing

July 14, 2020

HVAC & Mechanical

Service Champions, a CenterOak Partners-backed home services platform, has acquired ABC Cooling Heating & Plumbing, a long-tenured residential HVAC and plumbing provider headquartered in Hayward, California. The add-on expands Service Champions’ footprint into the East Bay, adds customers and employees to the platform and helps grow its statewide base of residential service agreements.

Friendly Group Acquires Day & Night Air Conditioning, Heating & Plumbing

January 13, 2022

Construction

Friendly Group, a PE-backed home services platform, has acquired Day & Night Air Conditioning, Heating & Plumbing, a Phoenix-based HVAC and plumbing services company. Day & Night will continue to operate under its existing brand with owner Jeff Martin and GM Mike Littau; the deal expands Friendly Group’s presence in Arizona and is its fourth western-region add-on in the past year.

LTP Home Services Group Acquires American Air & Heat

May 31, 2023

HVAC & Mechanical

LTP Home Services Group, a residential plumbing and HVAC platform based in Columbia, Maryland, has acquired American Air & Heat, a residential HVAC services provider headquartered in Oviedo, Florida. The deal, terms undisclosed, expands LTP's platform presence in the greater Orlando market as part of its ongoing acquisition growth strategy.

Thermal Technology Distribution Solutions Acquires Southwest Heater and Controls

June 3, 2024

Industrial Services

Thermal Technology Distribution Solutions (TTDS), a distribution platform established by Gryphon Investors, has acquired Southwest Heater and Controls (SWHC), a Dallas-based value-added distributor of industrial electric heaters, sensors, controls and technical support to manufacturers. SWHC's management, led by Chris and David Hawkins, will remain with the business and retain a significant equity stake; terms were not disclosed.