Add-on Acquisition • Business Services

Horizon Services Acquires Casteel Heating Cooling Plumbing and Electrical

On July 11, 2017, Horizon Services acquired business services company Casteel Heating Cooling Plumbing and Electrical

Acquisition Context
  • This is Horizon Services’ 2nd transaction in the Business Services sector.
  • This is Horizon Services’ 2nd transaction in the United States.
  • This is Horizon Services’ 1st transaction in Georgia.

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M&A Deal Summary

Date July 11, 2017
Target Casteel Heating Cooling Plumbing and Electrical
Sector Business Services
Buyer(s) Horizon Services
Deal Type Add-on Acquisition

Target Company

Casteel Heating Cooling Plumbing and Electrical

Marietta, Georgia, United States
Casteel Heating, Cooling, Plumbing and Electrical is a provider of installation, maintenance and service of air conditioning, plumbing and electrical equipment for residential and commercial sectors. Casteel Heating, Cooling, Plumbing and Electrical was established in 1987 and is headquartered in Marietta, Georgia.
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Buyer Overview 1

Buyer

Horizon Services

Wilmington, Delaware, United States

Category Company
Founded 1987
Sector Business Services
DESCRIPTION

Horizon Services is a provider of essential HVAC, plumbing, and electrical home services in the eastern United States. Horizon Services was founded in 1987 and is based in Wilmington, Delaware.


Deal Context for Buyer #
Overall 2 of 2
Sector: Business Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: Georgia 1 of 1
Country: United States 2 of 2
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-11 Gold Medal Services

East Brunswick, New Jersey, United States

Gold Medal Services LLC is a provider of installation and repair of plumbing, heating, cooling, electrical equipment, waterproofing, drainage and sewer systems. Gold Medal Services LLC was established in 1994 and is headquartered in East Brunswick, New Jersey.

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