M&A Deal Summary

R.S. Andrews Acquires New River Air

On May 7, 2021, R.S. Andrews acquired business services company New River Air

Acquisition Highlights
  • This is R.S. Andrews’ 2nd transaction in the Business Services sector.
  • This is R.S. Andrews’ 2nd transaction in the United States.
  • This is R.S. Andrews’ 1st transaction in South Carolina.

M&A Deal Summary

Date 2021-05-07
Target New River Air
Sector Business Services
Buyer(s) R.S. Andrews
Deal Type Add-on Acquisition

Target

New River Air

Bluffton, South Carolina, United States
New River Air specializing in repair and replacement for residential and commercial applications serves both homeowners and local businesses throughout the South Carolina Lowcountry. New River Air was founded in 2005 and is based in Bluffton, South Carolina.

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Buyer(S) 1

Buyer

R.S. Andrews

Atlanta, Georgia, United States

Category Company
Founded 1968
Sector Business Services
DESCRIPTION

R.S. Andrews is a full-service plumbing, HVAC, and the electrical company started its business with a simple idea to help the community with outstanding quality and tireless customer service. While R.S. Andrews has expanded to offer comprehensive plumbing, electrical, HVAC, air quality, insulation, and weatherization services over the years, the commitment to quality and customer service are still the same values that exist today.


DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: South Carolina M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 Plumbit Services

Lawrenceville, Georgia, United States

Plumbit Services is a plumbing company serving the Atlanta metro area with affordable plumbing services.

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