Franchise Equity Partners / Reliable Residential Acquire Multiple Garage Door and Plumbing Franchise Operations

Franchise Equity Partners and Reliable Residential Acquire ACG Smith Texas (Precision Garage Door Service locations)

December 15, 2025

HVAC & Mechanical

Franchise Equity Partners (FEP), together with Reliable Residential, has acquired ACG Smith Texas, LLC — the Precision Garage Door Service locations serving Dallas–Fort Worth and Palo Pinto. The deal expands Reliable Residential's Precision Garage Door footprint into the Texas market as an add-on to its multi-brand residential services platform backed by FEP.

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.

Leap Partners Acquires Paradise Home Services and Tim Ferguson Plumbing, Air & Electric

October 3, 2023

HVAC & Mechanical

Leap Partners, a Nashville-based home services platform, has acquired Paradise Home Services (Navarre, Florida) and Tim Ferguson Plumbing, Air & Electric (Jackson, Tennessee). The deals expand Leap Partners' portfolio of HVAC, plumbing and electrical companies across the Southeast as the businesses' existing leadership teams remain in place.

Prospect Partners Creates Complete Home Services Platform with Multiple Neighborly Franchisees

June 10, 2025

HVAC & Mechanical

Prospect Partners invested alongside management to merge multiple Neighborly franchisee operations — including Pinkerton's Electrical Service, Major Mechanical Operations, and AS-1 LLC — into a newly formed platform called Complete Home Services. The combined multi-brand platform (Aire Serv, Mr. Electric, Glass Doctor, Molly Maid, Five Star Painting) will operate across Alabama, Tennessee and Kentucky and pursue add-on acquisitions to scale and cross-sell services.

Soundcore Capital Partners Acquires Florida Lift Gas to Launch Reliable Energy Partners

November 12, 2025

Energy

Soundcore Capital Partners has formed Reliable Energy Partners, a propane distribution growth platform, through its acquisition of Florida Lift Gas and has named industry veteran Sean Daugherty as CEO. The platform — headquartered in Tampa, Florida and wholly owned by Soundcore — will pursue organic growth and strategic add-on acquisitions to scale a multi-regional residential and commercial propane distribution business.

Trades Holding (a CPC Company) Acquires Mr. Rooter of Greater Cincinnati, Dayton and Florence

April 4, 2024

HVAC & Mechanical

Trades Holding Co., a CPC-backed franchise operator, acquired the assets of American Eagle Plumbing and Drain Cleaning, LLC (dba Mr. Rooter Plumbing of Greater Cincinnati, Mr. Rooter Plumbing of Dayton, and Mr. Rooter Plumbing of Florence). The add-on expands Trades' footprint across Southwest Ohio, Northern Kentucky and Southeast Indiana and was completed as part of the founders' succession planning.