Announced
Completed
Financials
Tags
HVAC and plumbing maintenance
United States
Private
Single Bidder
Mechanical and Electrical Maintenance
Completed
Private Equity
Friendly
Domestic
Majority
Acquisition
Synopsis
The Jordan Company, a middle-market private equity firm, and Cobepa, an investment company, completed the acquisition of Heartland Home Services, a provider of residential HVAC, plumbing, electrical, and indoor air quality services, from North Branch Capital, a lower middle market private equity firm. Financial terms were not disclosed. "We couldn't be more excited to partner with TJC and Cobepa for our next phase of growth as well as to continue our partnership with North Branch. There is a great cultural fit between our organizations and we share a vision for Heartland's future. TJC's and Cobepa's resources are significant and will enable us to accelerate our long-term growth plan," Bill Viveen Heartland CEO.
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