M&A Deal Summary

P3 Services Acquires Anchor Plumbing

On July 5, 2023, P3 Services acquired construction company Anchor Plumbing

Acquisition Highlights
  • This is P3 Services’ 2nd transaction in the Construction sector.
  • This is P3 Services’ 4th transaction in the United States.
  • This is P3 Services’ 2nd transaction in Texas.

M&A Deal Summary
Date 2023-07-05
Target Anchor Plumbing
Sector Construction
Buyer(s) P3 Services
Deal Type Add-on Acquisition

Target

Anchor Plumbing

Helotes, Texas, United States
Anchor Plumbing provides all types of residential and commercial plumbing services, based in Helotes, Texas.

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Buyer(S) 1

Buyer

P3 Services

Auburn, Washington, United States
Category Company
Founded 1985
Sector Construction
DESCRIPTION

P3 Services is a provider of plumbing installation and maintenance and repair services to the multi-family, light commercial, and single-family end markets with operations in Austin, Charlotte, Dallas, Houston, San Antonio, and Seattle. P3 Services was founded in 1985 and is based in Auburn, Washington.

DEAL STATS #
Overall 4 of 4
Sector (Construction) 2 of 2
Type (Add-on Acquisition) 4 of 4
State (Texas) 2 of 2
Country (United States) 4 of 4
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-16 Power Plumbing

Hockley, Texas, United States

Power Plumbing is a multi-family new construction plumbing installer that has completed over 800 projects accounting for more than 175,000 living units. The company's customers include most of the general contractors active in the multi-family arena. It has grown steadily since inception and attributes that to focus on exceeding customer expectations. Power Plumbing was formed in 1988 and is based in Hockley, Texas.

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