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

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

December 29, 2022

HVAC & Mechanical

P1 Service Group, a portfolio company of Edgewater Growth Capital Partners, has acquired Sky Heating, AC, Plumbing & Electrical, a Portland-area residential HVAC, plumbing and electrical services provider. The acquisition expands P1's platform into the Pacific Northwest; Sky's owner and president Travis Smith will continue to lead the business 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.

Garden City Companies Acquires Essig Pools

September 20, 2021

Construction

Atlanta-based Garden City Companies has acquired Essig Pools, a family-owned pool builder headquartered in Miramar, Florida. Garden City — backed by investors including Jeb Bush and Drew Brees — plans to use Essig as the first of multiple acquisitions to build a family of pool companies in Florida and provide succession/liquidity for retiring owners.

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.

Essig Acquires Performance Tool LLC, Forms Essig MFG

July 7, 2020

Manufacturing

Essig has acquired Performance Tool LLC, a Moberly, Missouri-based manufacturer of tools, dies, fixtures and industrial hardware, and established Essig Manufacturing LLC (Essig MFG) to integrate manufacturing capabilities into its product lifecycle offering. The acquisition expands Essig's design-build capabilities, enabling faster delivery, improved quality and cost efficiencies for its large industrial customers.

The SEER Group Acquires Tuscan Electric, Heating & Plumbing

September 4, 2025

HVAC & Mechanical

The SEER Group acquired Tuscan Electric, Heating & Plumbing, a fast-growing, family-operated home services company serving the Denver metro area. The add-on expands SEER's presence in Colorado while preserving Tuscan's brand and local leadership.