Prospect Partners Creates Complete Home Services Platform with Multiple Neighborly Franchisees

Eagle Merchant Partners Acquires Impact Home Services

May 9, 2023

Plumbing

Eagle Merchant Partners has acquired Impact Home Services, an independent owner/operator of three Neighborly franchises (Mr. Rooter, Mr. Electric and Precision Door Service) based in the Atlanta metro area. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction; Eagle plans to grow Impact via add-on acquisitions and geographic expansion across the Southeast.

Southern Home Services Acquires AirPlus Heating, Cooling, Plumbing & Electrical

February 2, 2023

HVAC & Mechanical

Southern Home Services, a Gryphon Investors‑backed home‑services platform headquartered in Maitland, Florida, acquired AirPlus Heating, Cooling, Plumbing & Electrical, a Lorton, Virginia–based residential HVAC, plumbing and electrical contractor. The acquisition expands Southern's Mid‑Atlantic footprint, adds electrical and Generac generator installation capabilities to its service offering, and brings AirPlus' local team and customer base into Southern's platform.

Punctual Pros Acquires Horvath Home Services

December 3, 2024

HVAC & Mechanical

Punctual Pros, a leading operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electric, has acquired Horvath Home Services, expanding its footprint into Ocean and Monmouth Counties in Central New Jersey. The deal is Punctual Pros' first out-of-state acquisition since the company was acquired by Broad Sky Partners earlier in 2024 and is intended to drive mid-Atlantic geographic expansion and operational synergies.

Southern Home Services Acquires Pro-Tech Air Conditioning & Plumbing

June 21, 2023

HVAC & Mechanical

Southern Home Services has completed the acquisition of Pro-Tech Air Conditioning & Plumbing, a local Orlando-area provider of HVAC, indoor air quality and plumbing services. Pro-Tech will continue to operate under its existing name with all employees retained as Southern integrates the business to expand its service footprint in the greater Orlando market and broader Southeast region.

Broad Sky Partners Acquires Punctual Pros

April 3, 2024

HVAC & Mechanical

Broad Sky Partners, a New York-based middle market private equity firm, has acquired Punctual Pros, a Lancaster, Pennsylvania-based operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing and Mister Sparky Electrical franchise territories across Central Pennsylvania. The investment (terms undisclosed) will support Punctual Pros' growth and M&A-driven expansion across the Mid‑Atlantic; Harris Williams advised Broad Sky while Boxwood Partners advised Punctual Pros.

Southern Home Services Acquires Elite Electric, Plumbing & Air

August 14, 2024

Industrial Services

Southern Home Services has acquired Elite Electric, Plumbing & Air, a Port St. Lucie-based residential plumbing, HVAC and electrical services provider. The deal strengthens Southern Home Services' contiguous Florida footprint along the I-95 corridor and will allow Elite to remain branded locally while benefiting from Southern's resources to support growth and employee retention.