Announced
Completed
Financials
Sources
Tags
Acquisition
Private
Completed
plumbing
United States
Domestic
Single Bidder
Specialty Contracting
Majority
Friendly
Synopsis
Gemspring Capital, a private equity firm specializing in lower middle-market companies, completed the acquisition of AMPAM, a plumbing provider focused on large multifamily residential projects. Financial terms were undisclosed. “Buddy and John have built an incredible business, and we believe it is truly a differentiated market player and trusted strategic partner for its customers. We are excited to invest in the Company and work closely with the AMPAM team to build on its track record of strong organic growth driven by operational excellence, domain expertise, and outstanding customer service. We look forward to partnering with AMPAM to expand its footprint and offerings while continuing to deliver exceptional value to its customers.” Ravdeep Chanana, Gemspring Managing Director.
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