CHICAGO, May 25, 2022 /PRNewswire/ — Leap Companions Holdings LLC (“Leap Partners”), a Nashville-based mostly HVAC and plumbing consolidation platform and a portfolio enterprise of Concentric Fairness Partners (“CEP”), declared the acquisition of George Plumbing, LLC (“George Plumbing”), a household and business plumbing business found in Hartselle, Alabama. Leap Associates has acquired George Plumbing from and is partnering right with the operator and industry veteran Greg George, who will remain with the company in his present leadership purpose for the long-phrase long term. George Plumbing signifies Leap Partners’ 3rd acquisition in the final 60 days just after the acquisitions of Conditioned Air Options in northern Alabama and Scenic Town Heating & AC in japanese Tennessee.
Led by two home-service veterans, John Cerasuolo (CEO) and Patrick Ritter (CFO), Leap Partners is a Nashville-centered property providers organization in search of to discover, obtain, and merge a lot of of the most effective corporations in household and little-industrial HVAC, plumbing, and electrical services across the Southeast.
When asked why he selected to partner with Leap Partners, Greg of George Plumbing explained, “What seriously marketed me was when John described I could continue on to lead my group when Leap Associates would consider more than items like payroll, accounting, and advertising and marketing. Locating partners like John and Patrick who have practical experience with these places of the enterprise that take in up all my time has been a relief.”
Jonathan of Scenic Metropolis Heating & AC also explained, “I chose Leap Associates mainly because I preferred to be component of the crew. Proudly owning and working a tiny enterprise can be lonely. Now, when I will need support or have a dilemma, I have a list of people today I can simply call for enable or suggestions. I achieved a issue with my organization wherever I felt I was staying pulled in a large amount of diverse instructions. I felt like a jack of all trades but a grasp of none. Now I can aim on the several parts of the small business I genuinely delight in and feel will make the greatest affect on my workforce and customers.”
“Our team is motivated by all of the devoted, talented, and inspirational organization entrepreneurs like Jonathan and Greg we have been fortuitous to fulfill and get the job done with,” stated John Cerasuolo. “We are energized to retain up our fast pace of advancement so we can continue to assist entrepreneurs like Jonathan and Greg shell out additional time carrying out what they love.”
CEP and Leap Partners are actively in search of to husband or wife with further HVAC, plumbing, and electrical company businesses primarily in the Southeast. If you’re knowledgeable of HVAC and plumbing organizations that are on the lookout for a economic / strategic lover to enable future progress, remember to get hold of us.
About Concentric Equity Companions:
Concentric Fairness Companions is a non-public financial investment firm that associates with primary middle market place businesses by supplying capital and strategic advisory providers to speed up prolonged term worth generation. Concentric’s technique is uncomplicated: assist business people and operators by offering the sources necessary to reach remarkable outcomes. The firm’s investment team is manufactured up of individuals with distinguished track records as operators and expert buyers across a selection of growth oriented center current market companies.
Concentric Equity Partners is the immediate investing arm of Fiscal Investments Company, a personal asset administration agency and loved ones office environment with above $2 billion in financial investment commitments beneath administration. Financial Investments Corporation was established in 1994 by father and daughter Harrison and Jennifer Steans and has been partnering with private providers for more than 25 several years.
For extra information and facts on Concentric Equity Partners, stop by https://www.ficcep.com/.
About Leap Partners:
Leap Companions is headquartered in Nashville, Tennessee. The firm is performing to join the most effective compact and medium-sized HVAC, plumbing, and electrical services organizations in the Southeast to build a environment-course employer and support-company of preference with industry-top purchaser gratification and personnel engagement.
For extra details on Leap Partners, take a look at https://www.theleappartners.com/.
Source Concentric Equity Associates