M&A Deal Summary

Rooter Hero Plumbing Acquires Velavi

On May 19, 2022, Rooter Hero Plumbing acquired business services company Velavi

Acquisition Highlights
  • This is Rooter Hero Plumbing’s 2nd transaction in the Business Services sector.
  • This is Rooter Hero Plumbing’s 3rd transaction in the United States.
  • This is Rooter Hero Plumbing’s 2nd transaction in California.

M&A Deal Summary
Date 2022-05-19
Target Velavi
Sector Business Services
Buyer(s) Rooter Hero Plumbing
Deal Type Add-on Acquisition

Target

Velavi

Norwalk, California, United States
website
Velavi is a home services company that offers heating, ventilation and air conditioning services to Los Angeles residents in addition to the plumbing repair, installation & drain cleaning services the company currently provides. Velavi is based in Norwalk, California.

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Buyer(S) 1

Buyer

Rooter Hero Plumbing

Los Angeles, California, United States

website

Category Company
Founded 1980
Sector Consumer Services
DESCRIPTION

Rooter Hero Plumbing, Inc. is a provider of plumbing and drain services for both residential and commercial needs. Rooter Hero Plumbing was formed in 1980 and is based in Los Angeles, California.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (California) 2 of 2
Country (United States) 3 of 3
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Allied Aire

Milpitas, California, United States

Allied Aire is a provider of residential HVAC services to the California Bay Area. Allied Aire specializes in complete Indoor Air Comfort from central heating, to air conditioning, as well as indoor air quality concerns such as duct cleaning & sanitizing, purification, humidity control, and air filtration. Allied Aire is based in Milpitas, California.

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