Operating Company Industrial Services

P1 Service Group

Dallas, TX, United States

P1 Service Group is an investment firm that takes a people-first approach to partnering with companies providing residential HVAC, plumbing, and electrical services, helping grow shared resources and operational capabilities.

Focus Areas
Residential HVAC, Residential plumbing, Residential electrical

Tracked deals

3

3 tracked deals across 2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

3 addon

P1 Service Group Acquisition Volume by Year

Last 1 years

Acquisition volume by year Annual acquisition counts for the last 1 years for P1 Service Group. 3 2022

Supporting Data

Recent Transactions

  • P1 Service Group Acquires Sky Heating, AC, Plumbing & Electrical
    December 29, 2022
    Buyer
    P1 Service Group, Edgewater Growth Capital Partners (The Edgewater Funds)
    Target
    Sky Heating, AC, Plumbing & Electrical
    Seller
    Travis Smith
    Industry
    HVAC & Mechanical
    Location
    Oregon, United States
    Type
    Addon

    P1 Service Group, a portfolio company of Edgewater Growth Capital Partners, has acquired Sky Heating, AC, Plumbing & Electrical, a Portland-area residential HVAC, plumbing and electrical services provider. The acquisition expands P1's platform into the Pacific Northwest; Sky's owner and president Travis Smith will continue to lead the business and remain a shareholder.

  • P1 Service Group Acquires McHales
    November 21, 2022
    Buyer
    P1 Service Group, Edgewater Growth Capital Partners IV, L.P.
    Target
    McHales
    Seller
    Tim McHale
    Industry
    HVAC & Mechanical
    Location
    Pennsylvania, United States
    Type
    Addon

    Edgewater-backed P1 Service Group has acquired McHales, a nearly 70-year-old home services company based in Levittown, Pennsylvania. The deal brings McHales' plumbing, HVAC, electrical and remodeling capabilities into P1's platform to expand its presence in the greater Philadelphia region; owner Tim McHale will remain as day-to-day leader and a shareholder.

  • P1 Service Group (Edgewater-backed) Acquires Essig Plumbing & Heating
    November 16, 2022
    Buyer
    P1 Service Group, Edgewater Growth Capital Partners, River Sea Network
    Target
    Essig Plumbing & Heating
    Industry
    HVAC & Mechanical
    Location
    Pennsylvania, United States
    Type
    Addon

    P1 Service Group, a Chicago-based home services platform backed by Edgewater Growth Capital Partners and River Sea Network, has acquired Essig Plumbing & Heating, a residential HVAC and plumbing provider based in Reading, Pennsylvania. The deal expands P1's footprint into the Mid-Atlantic region while Essig's president, Steve Essig, will continue to lead day-to-day operations and remain a shareholder.

Related Acquisition Pages

HVAC & Mechanical Buyers & Acquisitions 3 tracked deals by P1 Service Group. Acquisitions in Pennsylvania 2 tracked deals by P1 Service Group. Acquisitions in Oregon 1 tracked deal by P1 Service Group.

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