Flow Service Partners Acquires Weber Refrigeration & Heating, Inc.

Flow Service Partners Acquires Nunning Heating, Air Conditioning and Refrigeration

March 6, 2023

HVAC & Mechanical

Flow Service Partners, a portfolio company of RLJ Equity Partners and LP First Capital, has acquired Nunning Heating, Air Conditioning and Refrigeration, a family-owned commercial HVACR services provider in Evansville, Indiana. The add-on expands Flow's footprint in Indiana and strengthens its commercial HVACR and refrigeration service capabilities; financial terms were not disclosed.

Quad-C Management Invests in Flow Service Partners

November 21, 2024

HVAC & Mechanical

Quad-C Management has made an investment in Flow Service Partners, a multi-region provider of HVACR and plumbing services operating in the Midwest, Southeast and Mid-Atlantic. Quad-C said it will work with Flow's management to scale operations through M&A, expand geographic reach, and add new service offerings; terms were not disclosed.

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.

Flow Service Partners (RLJ & LP First Capital) Acquires R Brooks Mechanical Heating and Air Conditioning

July 27, 2022

HVAC & Mechanical

Flow Service Partners, a platform backed by RLJ Equity Partners and LP First Capital, has acquired R Brooks Mechanical Heating and Air Conditioning. The add-on expands Flow's HVACR and plumbing capabilities and extends its geographic footprint into Maryland, Pennsylvania and Delaware; financial terms were not disclosed.

Quad‑C Management Acquires Flow Service Partners from RLJ Equity Partners and LP First Capital

November 21, 2024

HVAC & Mechanical

Quad‑C Management has acquired Flow Service Partners from sellers RLJ Equity Partners and LP First Capital; financial terms were not disclosed. Flow is a commercial HVACR and plumbing services platform headquartered in Nashville, Tennessee, operating across several U.S. states with over 400 employees and built through multiple acquisitions since 2021.

RLJ Equity Partners and LP First Capital Recapitalize Three Businesses to Form Flow Service Partners

July 7, 2021

HVAC & Mechanical

RLJ Equity Partners and LP First Capital recapitalized three HVACR and plumbing businesses to create Flow Service Partners, a commercial HVACR and plumbing platform headquartered in Nashville, Tennessee. Brookside Capital Partners provided unitranche debt and an equity co-investment to facilitate the transaction; RLJ will hold controlling equity and pursue add-on acquisitions to scale the platform.