Heartland Home Services Acquires First Call Plumbing

Heartland Home Services (North Branch) Acquires Action Plumbing and AC Engineers

December 2, 2020

HVAC & Mechanical

Heartland Home Services, a portfolio company of North Branch Capital, has acquired Action Plumbing (Sun Prairie, WI) and AC Engineers (Shelby Township, MI) as add-on acquisitions to expand its Midwest footprint. The deals expand Heartland’s residential HVAC, plumbing and electrical service presence in the Madison, WI market and Eastern Michigan.

Heartland Home Services Acquires Henry Smith Plumbing, Heating & Cooling

January 18, 2022

HVAC & Mechanical

Heartland Home Services acquired Henry Smith Plumbing, Heating & Cooling on December 18, 2021, adding the Northern Indiana-based plumbing, heating and cooling contractor as the 24th brand in its platform. The target will continue operating under its existing management and technicians while gaining access to Heartland’s technology and resources; terms were not disclosed.

Heartland Home Services Acquires Custom Mechanical

April 18, 2022

HVAC & Mechanical

Heartland Home Services has acquired Custom Mechanical, a family-owned residential HVAC and plumbing services provider in Delaware and Maryland. The deal marks Heartland's first expansion onto the East Coast and will keep Custom's management team in place as the brand joins Heartland's portfolio.

Heartland Home Services Acquires Williams Refrigeration & Heating

May 6, 2022

HVAC & Mechanical

Heartland Home Services acquired Williams Refrigeration & Heating, Inc., a Warren, Michigan-based residential and commercial HVAC services provider. The add-on acquisition (closed May 6, 2022) expands Heartland’s regional HVAC footprint and brings additional installation, service and repair capabilities into its multi-brand platform.

The Jordan Company (Resolute IV) Acquires Heartland Home Services

December 15, 2020

HVAC & Mechanical

An affiliate of The Resolute Fund IV (managed by The Jordan Company) acquired Heartland Home Services from North Branch Capital, with Cobepa taking a significant minority stake and North Branch remaining a minority investor. Carlyle's Global Credit platform led and structured the debt financing to support the transaction. The investment will provide Heartland with resources to drive operational efficiencies and pursue organic and inorganic growth across its Midwestern residential HVAC, plumbing, electrical and indoor air quality platform.

Heartland Home Services Acquires Air Master Heating and Air Conditioning

June 7, 2022

HVAC & Mechanical

Heartland Home Services has acquired Air Master Heating and Air Conditioning, a Ferndale, Michigan-based HVAC service provider. The deal expands Heartland's presence and service density in the Detroit area; terms were not disclosed and the Air Master leadership team will remain in place.