P1 Service Group Acquires McHales
November 21, 2022
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.
- Buyers
- P1 Service Group, Edgewater Growth Capital Partners IV, L.P.
- Targets
- McHales
- Sellers
- Tim McHale
- Platforms
- P1 Service Group
- Industry
- HVAC & Mechanical
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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