1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Michigan >
  6. Powervac Acquires Parallel Plumbing

M&A Deal Summary

Powervac Acquires Parallel Plumbing

On December 27, 2023, Powervac acquired business services company Parallel Plumbing

Acquisition Highlights
  • This is Powervac’s 6th transaction in the Business Services sector.
  • This is Powervac’s 7th transaction in the United States.
  • This is Powervac’s 6th transaction in Michigan.

M&A Deal Summary
Date 2023-12-27
Target Parallel Plumbing
Sector Business Services
Buyer(s) Powervac
Deal Type Add-on Acquisition

Target

Parallel Plumbing

Holland, Michigan, United States
Parallel Plumbing is a provider of industrial and commercial plumbing services in Western Michigan. Parallel Plumbing is based in Holland, Michigan.

Search 215,074 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Powervac

Novi, Michigan, United States
Category Company
Sector Business Services
DESCRIPTION

Powervac is a provider of hydro excavation, pipe inspection, jet/vac, plumbing, electrical, mechanical, and other repair and maintenance services for commercial, retail, and industrial buildings, as well as for utilities, municipalities, and construction companies. Powervac is based in Novi, Michigan.

DEAL STATS #
Overall 7 of 7
Sector: Business Services M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
State: Michigan M&A 6 of 6
Country: United States M&A 7 of 7
Year: 2023 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-14 MacLellan Mechanical Services

Traverse City, Michigan, United States

MacLellan Mechanical Services is a provider of HVAS services located in Traverse City, Michigan.

Buy -
Mergr

Solution for

Product

Company

Legal