New Mountain Capital Acquires Horizon Group Holdings from Sun Capital Affiliate
November 13, 2019
New Mountain Capital has acquired Horizon Group Holdings, LLC (Horizon Services) from an affiliate of Sun Capital Partners. Horizon, a Newark, Delaware-based residential provider of heating, air conditioning, plumbing, and electrical services with a ~1,400-employee team, will remain managed by founder Dave Geiger and management, and will use New Mountain's capital and resources to accelerate organic and acquisition-led growth.
- Buyers
- New Mountain Capital
- Targets
- Horizon Group Holdings, LLC (Horizon Services)
- Sellers
- Sun Capital Partners (affiliate)
- Industry
- HVAC & Mechanical
- Location
- Delaware, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Altamont Capital Partners Makes Strategic Investment in Horizon Investments
July 27, 2021
Wealth Management
Altamont Capital Partners has completed a strategic growth investment in Horizon Investments, a Charlotte-based registered investment advisor with approximately $7 billion in assets under advisement. The investment will provide capital and strategic support to accelerate Horizon's distribution, expand its goals-based solutions, and pursue add-on acquisitions while Horizon's management remains significant equity holders and John Drahzal assumes the CEO role.
-
Horizon Group Holdings Acquires Eanes Heating & Air Conditioning
January 16, 2021
HVAC & Mechanical
Horizon Group Holdings (HGH) has acquired Eanes Heating & Air Conditioning, a High Point, North Carolina-based HVAC services company founded in 1968. The deal is HGH's third acquisition in the last 12 months and marks the firm's first North Carolina brand as part of its Southeast geographic expansion and platform roll-up strategy.
-
Gladstone Investment Corporation and Slate Capital Group Acquire Horizon Facilities Services
June 28, 2019
Staffing & HR
Gladstone Investment Corporation partnered with Slate Capital Group and members of Horizon's executive management to acquire Horizon Facilities Services, a provider of outsourced labor solutions and commercial janitorial services headquartered in Allentown, Pennsylvania. Gladstone provided equity and senior secured debt to complete the transaction; the partnership will support Horizon's next phase of growth in the outsourced labor and facilities services market.
-
4M Building Solutions Acquires Horizon Services Corporation
June 11, 2024
Industrial Services
4M Building Solutions, backed by O2 Investment Partners, has acquired Horizon Services Corporation, a commercial cleaning and facilities services provider headquartered in East Hartford, Connecticut. Horizon will retain its leadership and brand while its leadership team and select executives become equity holders; the deal is 4M's fourth add-on since O2's growth investment in January 2023.
-
New Mountain Capital Invests in Access Healthcare
January 14, 2025
Healthcare Services
Affiliates of New Mountain Capital have made a growth investment in Access Healthcare to support the company’s next phase of expansion. The capital will be used to advance AI and workflow automation, accelerate product development, and expand Access Healthcare’s revenue cycle management platform into new markets while the existing leadership team remains in place.
-
New Mountain Capital Invests in Consor Holdings
June 3, 2024
Engineering Services
New Mountain Capital has made a significant growth investment in Consor Holdings LLC to support the firm's continued expansion; Consor leadership and employees retain a significant ownership stake. As part of the transaction, Keystone Capital fully sold its stake, and the new capital will be used to expand Consor’s geographic reach, service offerings, technology enablement, and strategic M&A.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.