M&A Deal Summary

P1 Service Group Acquires Plumbing Works

On January 1, 2024, P1 Service Group acquired consumer services company Plumbing Works

Acquisition Highlights
  • This is P1 Service Group’s 3rd transaction in the Consumer Services sector.
  • This is P1 Service Group’s 6th transaction in the United States.
  • This is P1 Service Group’s 4th transaction in Pennsylvania.

M&A Deal Summary
Date 2024-01-01
Target Plumbing Works
Sector Consumer Services
Buyer(s) P1 Service Group
Deal Type Add-on Acquisition

Target

Plumbing Works

Reading, Pennsylvania, United States
Plumbing Works provides a wide range of plumbing and HVAC services, including clog removal, drain cleaning, boiler repair, fixture installation, and more. Plumbing Works was formed in 1992 and is headquartered in Reading, Pennsylvania.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 6 of 6
Sector (Consumer Services) 3 of 3
Type (Add-on Acquisition) 6 of 6
State (Pennsylvania) 4 of 4
Country (United States) 6 of 6
Year (2024) 3 of 3
PREVIOUS 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 -
Mergr

Product

Company

Legal