TSG Consumer Partners and Oak Hill Capital completed the investment in The Wrench Group.

TSG Consumer Partners, an investment company, and Oak Hill Capital, a private equity firm, completed the investment in The Wrench Group, a provider of residential HVAC, plumbing, and electrical services. Leonard Green & Partners, along with management, will retain a majority interest in the company. Financial terms were not disclosed. “As we look to enter this next phase of growth, we are excited by the opportunity to partner with TSG and Oak Hill to leverage their significant financial, digital, and operational capabilities and expertise. We are also thrilled that LGP is remaining a majority owner of our business, as the team has been instrumental to our success. We are committed to working with our investment partners to enhance our product and service offerings to meet the consumer’s evolving needs while maintaining and enhancing long traditions of outstanding customer experience," Ken Haines, Wrench Group CEO.