Serving the business owners who help build America.
An M&A advisory firm focused exclusively on residential and commercial service businesses. We help owners sell, acquirers buy, and operators figure out what their company is worth — through sell-side and buy-side advisory, valuation, and strategic consulting.
Three buckets our work falls into.
Most of our work falls into one of three categories. Each is built around the operational realities of running, buying, or selling a service business in the trades — not generic M&A frameworks repurposed from other industries.
Sell-Side Advisory
Helping owners prepare for, run, and close a sale process. We start with what you're trying to accomplish — for the business, for your team, and for what comes next for you — and work backward from there.
Learn MoreBuy-Side Advisory
Helping buyers evaluate, structure, and close on the right acquisition — strategic acquirers building platforms, sponsor-backed groups executing bolt-ons, and independent operators making their first acquisition.
Learn MoreValuation & Strategic Consulting
Independent valuations, quality of earnings preparation, and ongoing advisory for operators focused on long-term value creation — well before any transaction is on the horizon.
Learn MoreRecent reading & what we're sharing.
Analysis, commentary, and explainers on M&A across the trades — plus what we're posting across X, LinkedIn, and YouTube. Browse everything →
Riverside-backed T3 Services Group acquires Element Home Services, densifying the Mountain West with four branches
Austin residential HVAC, plumbing, and electrical platform adds a 2016-founded multi-branch operator across Jackson Hole, Durango, St. George, and Prescott — eight partner…
Roto-Rooter buys its largest franchise territory for $60.6 million.
Chemed’s plumbing subsidiary pays $60.6 million for the largest independent Roto-Rooter franchise — California territories serving about 11 million people and previously doing…
Two Parks–backed Fix-It Group adds AL-DON Heating & Air Conditioning in St. Louis
A 1959-founded St. Louis residential HVAC shop joins the tradesperson-led Fix-It platform as owners Jeff Miller and his wife retire — densifying the metro after the mid-2026…
Guaranteed Roof partners with LB Capital’s EM Exteriors platform to fund Southeast roofing expansion
Metro Atlanta residential and commercial roofer joins Lance Bachmann’s brand-retaining exterior platform as it pushes into Tennessee, North Carolina, and South Carolina — about…
Broad Sky–backed Commonwealth Electrical Technologies acquires Horton Electrical Services, nearly doubling its Northeast workforce
Worcester’s electrical and energy platform folds in a third-generation Connecticut contractor with wastewater, solar, generators, and civil construction. Warren Horton stays on…
Summit Fire & Security acquires Casteel Automatic Fire Protection, stacking Texas sprinkler density under a national FLS platform
SFP Holding’s Summit arm buys a 1979-founded Texas sprinkler contractor across Houston, Amarillo, Austin, and Lubbock. The team stays; detection, alarm, security, and special…
Grove Mountain–backed Team First adds Holloway Plumbing in the Texas Hill Country — its second named Texas partner
An Atlanta-framed residential plumbing platform still early in its 2025 launch densifies Kerrville after Midland’s Halls Rooter & Plumbing, keeping local brands on while it shops…
Kohlberg-backed Loenbro acquires Prism Electric in its largest deal, adding roughly 2,500 employees across Texas and Oklahoma
Westminster’s multi-craft mission-critical contractor folds in a 1994-founded TX/OK electrical specialist — data center, healthcare, industrial, aviation, and commercial — as a…
CID Capital launches a Southwest garage-door platform on Tucson’s Kaiser — and is already hunting add-ons across six states
Indianapolis lower-middle-market PE stands up a residential and commercial overhead-door platform in Arizona while KKR’s reported A1 process, Sterling’s OGD densify, and Galaxy’s…
Titan Trades Alliance adds Semper Fi after Wilson — two splashy regional partners and aggressive pace barely a month after launch
The Guild Garage Group founders’ residential trades alliance lists Wilson (Stow, OH) and Semper Fi (Mesa, AZ) as partner brands, now claiming 7 markets and 700+ employees —…
Sterling-backed OGD Overhead Garage Door closes three add-ons — Madisonville, Hall’s, and Compaan — and pushes toward 70 metros
The Fort Worth residential and commercial garage-door platform, held in Sterling’s Foundation Fund since July 2024, is densifying Midwest and Mid-Atlantic markets and extending…
Fire Protection Team acquires Brake Fire Protection, densifying Right Angle’s Connecticut FLS platform
Cheshire-based FPT, a Right Angle Partners portfolio company, adds a multigenerational Trumbull sprinkler contractor. Jim Brake stays on day-to-day customer relationships and…
Peterson Partners closes $510M continuation vehicle for Kelso Industries, with NorthSands Capital as sole lead
Single-asset CV for the Draper, Utah MEP platform. Fund X stays in with a roll and add-on; NorthSands commits more than $450M of new capital for acquisitions, people, and markets…
More PE-backed HVAC, plumbing, and electrical platforms are headed to market
Expect an active 12–18 months of platform-level exits in residential multi-trade. Homepros’s report that General Atlantic–backed Flint Group has launched an early-stage sale…
Apollo-backed State Group acquires Evansville’s MelKay, adding a 75-year Tri-State MEP contractor with more than 400 union tradesmen
Franklin, Tennessee’s industrial multi-trade platform takes Mel-Kay Electric into southern Indiana, western Kentucky, and southern Illinois — preferred-vendor work for Toyota…
Galaxy Service Partners partners with Wisconsin’s Central Door Solutions — its 10th acquisition since launching in 2025
Commercial door, gate, and access consolidator adds a Plover/New Berlin dock-and-door operator that recently acquired Fox Valley Overhead Door — Galaxy’s fourth partnership of…
LB Capital launches EM Exteriors — an operator-built roofing platform aiming for a shared exit
Blue Bell, Pennsylvania’s LB Capital has stood up EM Exteriors as a brand-retaining exterior home-services platform that, by the company’s count, already ties together 15 roofing…
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Most of our best client relationships started with a casual conversation years before any deal was on the horizon. No pitch — just an honest discussion about where you are, what your options look like, and what we're seeing in your part of the market.
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