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New Deal


Announced

Completed

CenterOak Partners-backed Service Champions completed the acquisition of ABC.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Mechanical and Electrical Maintenance

Private Equity

Private

Friendly

Completed

Majority

Acquisition

United States

HVAC contractor

Single Bidder

Synopsis

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CenterOak Partners-backed Service Champions, a provider of essential home services, completed the acquisition of ABC Cooling Heating & Plumbing, a provider of residential air conditioning and plumbing repair services headquartered in Hayward, California. Financial terms were not disclosed. "Service Champions has been actively expanding over the past twelve months to better serve customers in key regions across the Western United States. ABC’s location density in a strategic area combined with Service Champion’s commitment to operational excellence made this an ideal fit for the Service Champions platform," Lucas Cutler, CenterOak Managing Partner.

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