M&A Deal Summary

Ascension Property Services Acquires Palmetto Plumbing

On July 3, 2024, Ascension Property Services acquired business services company Palmetto Plumbing

Acquisition Highlights
  • This is Ascension Property Services’ 2nd transaction in the Business Services sector.
  • This is Ascension Property Services’ 2nd transaction in the United States.
  • This is Ascension Property Services’ 2nd transaction in Florida.

M&A Deal Summary
Date 2024-07-03
Target Palmetto Plumbing
Sector Business Services
Buyer(s) Ascension Property Services
Deal Type Add-on Acquisition
Advisor(s) Kratos Capital (Financial)

Target

Palmetto Plumbing

Hialeah, Florida, United States
Palmetto Plumbing offers plumbing services including commercial, healthcare, educational, hospitality, manufacturing, and institutional projects. Palmetto Plumbing is based in Hialeah, Florida.

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Buyer(S) 1

Buyer

Ascension Property Services

Memphis, Tennessee, United States
Category Company
Founded 2019
Sector Consumer Services
DESCRIPTION

Ascension Property Services provides coatings, HVAC maintenance, and installation, electric, and plumbing. Ascension Property Services was founded in 2019 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Florida) 2 of 2
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-21 Bryant Electric

Doral, Florida, United States

Bryant Electric, Inc. provides large-scale electrical projects within the commercial/industrial markets. Bryant Electric, Inc. is based in Doral, Florida.

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