The Riverside Company Invests in Radiant Plumbing & Air Conditioning

The Riverside Company Acquires Mainstream Electric, Heating, Cooling and Plumbing as Add-on to Radiant Platform

January 11, 2022

HVAC & Mechanical

The Riverside Company has invested in Mainstream Electric, Heating, Cooling and Plumbing (Mainstream) as an add-on to its Radiant Plumbing and Air Conditioning platform. Mainstream, which serves the Greater Spokane, Washington and Coeur d'Alene, Idaho markets, provides residential HVAC, plumbing, electrical, excavation and drain services and will help Radiant expand service lines and cross-selling opportunities.

The Riverside Company Adds Done Service Group to Radiant Plumbing Platform

October 28, 2021

HVAC & Mechanical

The Riverside Company has invested in Done Service Group (Done), an Aurora/Denver-area provider of residential plumbing, HVAC and excavation/sewer services, as an add-on to its Radiant Plumbing and Air Conditioning platform. Done completed more than 15,000 jobs in the last year and brings a high repeat-customer base and membership program to support Radiant’s expansion in home services across the Denver metro area.

The Riverside Company Invests in EventsAIR

April 1, 2022

Cloud & SaaS

The Riverside Company has made a growth investment in EventsAIR, an Australian provider of cloud-based event management software, in partnership with founder Trevor Gardiner and members of management. Riverside will support EventsAIR's international expansion into North America and Europe and invest in product evolution and M&A to accelerate global growth.

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.

Rite Way Heating, Cooling & Plumbing Acquires Berg's Heating & Air Conditioning (Residential Division)

April 9, 2025

HVAC & Mechanical

Rite Way Heating, Cooling & Plumbing LLC has acquired the residential HVAC division of Berg Enterprises, Inc., which operates as Berg's Heating & Air Conditioning, to expand Rite Way’s presence in Cochise County, Arizona. The acquisition transfers Berg's residential remodel, service, and maintenance business lines to Rite Way while Berg Enterprises retains its commercial and federal operations to focus on B2B construction work.

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.