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New Deal


Announced

Completed

Strikepoint Group completed the acquisition of IERNA Heating, Cooling, and Plumbing.

Financials

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

Sources

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Tags

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Domestic

United States

Single Bidder

Completed

Friendly

HVAC and plumbing maintenance

Private

Acquisition

Majority

Mechanical and Electrical Maintenance

Synopsis

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Strikepoint Group, a home services company, completed the acquisition of IERNA Heating, Cooling, and Plumbing, a local, family–owned–and–operated, full service air conditioning, heating and plumbing contractor. Financial terms were not disclosed. “With this acquisition, our goal is to continue providing exceptional customer service while remaining a local employer of choice for those who work in the home services industry. IERNA’s will make a great addition to the Strikepoint family of brands and will help to further solidify our leadership position in the greater Tampa Bay market,” Charlie Haines, SGH CEO.

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