Add-on Acquisition • Consumer Services

Turnpoint Services Acquires Ellington A/C & Heat

On March 2, 2020, Turnpoint Services acquired consumer services company Ellington A/C & Heat

Acquisition Context
  • This is Turnpoint Services’ 1st transaction in the Consumer Services sector.
  • This is Turnpoint Services’ 6th transaction in the United States.
  • This is Turnpoint Services’ 2nd transaction in Florida.

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M&A Deal Summary

Date March 2, 2020
Target Ellington A/C & Heat
Sector Consumer Services
Buyer(s) Turnpoint Services
Deal Type Add-on Acquisition

Target Company

Ellington A/C & Heat

Rockledge, Florida, United States
Ellington A/C & Heat, Inc. is a provider of essential home services along Florida’s Space Coast and in the Keys, and focuses exclusively on maintenance, repair, and replacement services for residential and commercial customers. Ellington A/C & Heat was established in 2009 and is based in Rockledge, Florida.
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Buyer Overview 1

Buyer

Turnpoint Services

Louisville, Kentucky, United States

Category Company
Founded 2016
Sector Business Services
DESCRIPTION

Turnpoint Services provides a comprehensive range of plumbing, electrical, and HVAC installation and repair services. The Company currently operates in thirteen states throughout the Southeast and Midwest regions and is nationally recognized as a Top-10 plumbing and HVAC service business. Turnpoint Services was formed in 2016 and is based in Louisville, Kentucky.


Deal Context for Buyer #
Overall 6 of 8
Sector: Consumer Services 1 of 1
Type: Add-on Acquisition 6 of 8
State: Florida 2 of 2
Country: United States 6 of 8
Year: 2020 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-19 Sunny Service Heating and Air Conditioning

Hurst, Texas, United States

Sunny Service Heating and Air Conditioning is a provider of all residential and light commercial HVAC services. Sunny Service Heating and Air Conditioning is based in Hurst, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-09 Meetze Plumbing Co.

Irmo, South Carolina, United States

Meetze Plumbing, Co. offers to plumb & drain cleaning services for residential & commercial locations in Irmo, Lexington, Columbia SC, and surrounding areas. Meetze Plumbing was formed in 1981 and is based in Irmo, South Carolina.

Buy -