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New Deal


Announced

Completed

Strikepoint completed the acquisition of Phillips Air Care.

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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United States

plumbing and heating

Acquisition

Majority

Completed

air conditioning

Mechanical and Electrical Maintenance

Domestic

Private

Friendly

Single Bidder

Synopsis

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Strikepoint, a provider of plumbing, heating and air conditioning services, completed the acquisition of Phillips Air Care, a provider of plumbing, heating, electrical and air conditioning services across the North Charlotte area. Financial terms were not disclosed. "Jessica and I could not have built what we did without our loyal employees. We care deeply for them, which is why we chose Strikepoint as the buyer for our North Charlotte business. We know Strikepoint invests heavily in employee training and growth, which will provide our employees with access to new and exciting career opportunities," Jay Phillips, Phillips Air Care Founder.

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