M&A Deal Summary

P1 Service Group Acquires Sky Heating AC Plumbing & Electrical

On December 7, 2022, P1 Service Group acquired business services company Sky Heating AC Plumbing & Electrical

Acquisition Highlights
  • This is P1 Service Group’s 3rd transaction in the Business Services sector.
  • This is P1 Service Group’s 3rd transaction in the United States.
  • This is P1 Service Group’s 1st transaction in Oregon.

M&A Deal Summary

Date 2022-12-07
Target Sky Heating AC Plumbing & Electrical
Sector Business Services
Buyer(s) P1 Service Group
Deal Type Add-on Acquisition

Target

Sky Heating AC Plumbing & Electrical

Tualatin, Oregon, United States
Sky Heating, AC, Plumbing & Electrical offered expert home service solutions to homeowners across Oregon and Southwest Washington. Sky Heating, AC, Plumbing & Electrical was founded in 1979 and is based in Tualatin, Oregon.

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Buyer(S) 1

Buyer

P1 Service Group

Irvine, California, United States

Category Company
Founded 2021
Sector Business Services
DESCRIPTION

P1 Service Group is an investment firm that takes a people-first approach to partnering with companies that provide residential HVAC, plumbing, and electrical services. P1 Service Group was founded in 2021 and is based in Irvine, California.


DEAL STATS #
Overall 3 of 6
Sector (Business Services) 3 of 3
Type (Add-on Acquisition) 3 of 6
State (Oregon) 1 of 1
Country (United States) 3 of 6
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-21 McHales

Levittown, Pennsylvania, United States

McHales offers expert home services including plumbing, HVAC, and electrical techs. McHales was founded in 1950 and is based in Levittown, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-01 J&M Plumbing & Drain Cleaning

Levittown, Pennsylvania, United States

J&M Plumbing & Drain Cleaning provides quality plumbing services to homes and businesses throughout Levittown and Bucks County. J&M Plumbing & Drain Cleaning was formed in 2009 and is headquartered in Levittown, Pennsylvania.

Buy -