TSG Consumer Partners and Oak Hill Capital Invest in The Wrench Group
November 9, 2022
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.
- Targets
- The Wrench Group
- Sellers
- Leonard Green & Partners, Management
- Industry
- HVAC & Mechanical
- Location
- Georgia, United States
- Transaction Type
- Growth capital
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