Announced
Financials
Tags
Private
home services
Single Bidder
Private Equity
Pending
Acquisition
air conditioning
Household Equipment and Products
Domestic
United States
Majority
heating
Friendly
Synopsis
Odyssey Investment-backed Service Champions, a provider of essential home services specializing in heating, air conditioning, and plumbing services, agreed to acquire Sierra Air, a home services company in Reno, Nevada. Financial terms were not disclosed. "Sierra is a natural complement to Jet Plumbing, and we are thrilled to extend market share by combining our businesses and leveraging our collective operational and marketing expertise. This transaction represents a natural fit for our long-term growth plan to be the largest residential HVAC and plumbing services company in the Western United States," Leland A. Smith, Service Champions Founder and CEO.
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