Plumbing Acquisitions in Indiana
Showing 2 transactions.
-
February 24, 2025
- Buyer
- Redwood Services
- Target
- Hope Plumbing
- Seller
- Jack Hope, Brad Persic
- Industry
- Plumbing
- Location
- Indiana, United States
- Type
- Addon
Redwood Services, a Memphis-based home services platform, has partnered with Indianapolis-based Hope Plumbing. Owners Jack Hope and Brad Persic retain a significant minority stake while Redwood will provide operational, strategic and financial support to accelerate growth; the deal represents Redwood's 17th partnership.
-
August 5, 2024
- Buyer
- Trades Holding Co., LLC, CPC, LLC
- Target
- Mr. Rooter Plumbing of Muncie, Mr. Rooter Plumbing of Anderson, Aire Serv of Muncie, Mr. Rooter Plumbing of Indianapolis and Central Indiana, Rainbow Restoration of Carmel
- Seller
- Craig and Sara Kantner, Jay and Justin Ullom
- Industry
- Plumbing
- Location
- Indiana, United States
- Type
- Addon
Trades Holding Co., LLC, a portfolio company of CPC, acquired the assets of multiple franchise locations including Mr. Rooter Plumbing units in Muncie, Anderson and Indianapolis/Central Indiana, Aire Serv of Muncie, and Rainbow Restoration of Carmel. The add-on deal expands Trades' footprint into Central Indiana and adds HVAC and restoration capabilities while the sellers — the Kantners and the Ulloms — transition ownership (with some founders retiring or staying on to support integration).
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.