M&A Deal Summary

ARS Acquires OyBoy Heating and Cooling

On June 2, 2022, ARS acquired business services company OyBoy Heating and Cooling

Acquisition Highlights
  • This is ARS’s 6th transaction in the Business Services sector.
  • This is ARS’s 13th transaction in the United States.
  • This is ARS’s 4th transaction in Utah.

M&A Deal Summary
Date 2022-06-02
Target OyBoy Heating and Cooling
Sector Business Services
Buyer(s) ARS
Deal Type Add-on Acquisition

Target

OyBoy Heating and Cooling

Lehi, Utah, United States
OyBoy Heating and Cooling provide air conditioning installations, air conditioning repairs, air conditioning tune-ups, ductless mini-split services, furnace installation, furnace repairs, and furnace tune-ups. OyBoy Heating and Cooling was founded in 2018 and is based in Lehi, Utah.

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Buyer(S) 1

Buyer

ARS

Memphis, Tennessee, United States
Category Company
Founded 1995
Sector Consumer Services
Employees6,000
DESCRIPTION

ARS is a provider of heating and air conditioning (HVAC) and plumbing services nationwide. ARS primarily serves homeowners in need of emergency repair and replacement services for heating, air conditioning, energy efficiency, plumbing, drain cleaning and sewer lines. It operates under two well-known national brands, ARS and Rescue Rooter, as well as through trusted local brands in select markets. ARS was founded in 1995 and is based in Memphis, Tennessee.

DEAL STATS #
Overall 13 of 14
Sector (Business Services) 6 of 7
Type (Add-on Acquisition) 13 of 14
State (Utah) 4 of 4
Country (United States) 13 of 14
Year (2022) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-02 Absolute Air

Mapleton, Utah, United States

Absolute Air is serving residential heating, air conditioning, electrical, and plumbing customers. Absolute Air was founded in 1997 and is based in Mapleton, Utah.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-26 Tarpy Plumbing Heating & Air

San Diego, California, United States

Tarpy provides residential heating, cooling, and plumbing services throughout Southern California. The company maintains a fleet of 40 service, installation, and sales vehicles. Tarpy was formed in 2007 and is based in San Diego, California.

Buy -
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