Leonard Green & Partners Acquires The Wrench Group from Investcorp

TSG Consumer Partners and Oak Hill Capital Invest in The Wrench Group

November 9, 2022

HVAC & Mechanical

TSG Consumer Partners and Oak Hill Capital have made a significant minority investment in The Wrench Group, a national provider of residential HVAC, plumbing, and electrical services. Existing investor Leonard Green & Partners and management retain a majority interest; the capital will be used to accelerate technology-enabled growth, expand digital capabilities, and support geographic expansion and strategic acquisitions.

Wrench Group Acquires NexGen Air Conditioning & Plumbing

May 5, 2022

Professional Services

Wrench Group has acquired NexGen Air Conditioning & Plumbing, marking Wrench's first expansion into Southern California. NexGen operates eight locations across the region, employs more than 400 people and serves over 100,000 homeowners; SF&P Advisors acted as exclusive sell-side advisor to NexGen.

Wrench Group Acquires Maine Home Services

January 6, 2022

Electrical Services

Wrench Group, a national home services platform, has acquired Maine Home Services, a Bay Area electrical services provider. Maine will operate under the Service Champions umbrella to expand Wrench’s electrical capabilities and strengthen its presence in the San Jose/Bay Area market; terms were not disclosed.

Wrench Group Acquires Buckeye Heating & Cooling

December 7, 2021

HVAC & Mechanical

Wrench Group, a national home services platform, has acquired Buckeye Heating & Cooling, a Columbus-area HVAC provider founded in 1948. Buckeye will operate under the Williams Comfort Air service umbrella as part of Wrench's Midwest expansion; financial terms were not disclosed.

Wrench Group Acquires Collins Comfort Masters (Gilbert, AZ)

October 6, 2020

HVAC & Mechanical

Wrench Group, a national home services operator based in Marietta, Georgia, acquired Collins Comfort Masters, a Gilbert, Arizona-based HVAC and plumbing services provider. The acquisition expands Wrench Group's footprint in the Phoenix metropolitan area and adds local HVAC, plumbing and drain-cleaning capabilities to its existing Phoenix brands.

Wrench Group Acquires Service Champions North

July 20, 2020

HVAC & Mechanical

Wrench Group, a national home-services platform and portfolio company of Leonard Green & Partners, has acquired Service Champions North, a residential HVAC provider based in Pleasanton, California. The deal gives Wrench its first presence in California; Service Champions' founder Kevin Comerford and his management team will continue to lead the business.