Service Champions Partners with Help Plumbing, Heating, Cooling, Drains And Electric

Strategic Acquisitions Continue to Strengthen Company’s Position as a Leader in Home Services

 

BREA, CA – July 19, 2021 – Service Champions Group announced today that it has acquired HELP Plumbing, Heating, Cooling, Drains and Electric of Ohio, expanding the California based company’s footprint into the Midwest.  Prominently servicing the greater Cincinnati, Ohio, Northern Kentucky and Southeast Indiana communities for more than 80 years, HELP, led by Wesley Holm, offers exceptional service from a well-trained team of knowledgeable technicians providing efficient installation, repairs and maintenance for residential HVAC, plumbing and electrical systems. Service Champions is a portfolio company of Odyssey Investment Partners.

Help Plumbing Logo

“The combination of Service Champions and HELP creates a national platform that will expand our ability to provide best-in-class customer service in the heating and cooling industry beyond the West and across the United States, said Leland Smith, Founder and CEO of Service Champions. “Our respective companies bring so much to the table and by building on our collective resources, relationships and experiences, we will deliver enhanced experiences to our customer base. We are proud to welcome a company that not only offers exceptional service and reliable delivery but supports the communities where they live and work. HELP’s Midwest roots, outstanding management team and leadership across the complete catalog of home services are a strong complement to our business philosophy and the principles our company was founded on. We are honored to build on the legacy of the Holm family,” Smith added.

HELP is led by its President, Wesley Holm, the second generation of the Holm family to preside over the company since 1932. “Service Champions’ acquisition of HELP demonstrates their confidence in the strength of the Cincinnati metropolitan area home services marketplace.  We are proud to join a group that is laser focused on the customer experience and bring together our talented teams and complimentary organizations. This partnership allows us to extend the value we bring to our customers where we pride ourselves on being courteous, professional and going above and beyond to get it right and exceed our customer’s expectations each and every time” said Holm.

“This is an exciting day for our Service Champions team as we step outside of the West and into the Midwest toward significant and untapped potential for growth across the entire United States, added Daniel Hamm, Service Champions CFO. Completing this acquisition is an important step toward our mission to be the premier home services provider in the United States” said Hamm.

Frank DiMarco, Service Champions’ COO is focused on the future as well. “The acquisition of HELP has incredible strategic value to Service Champions, said DiMarco. Our objective is to provide the highest quality service and offerings for an always expanding customer base. With the highly talented, trusted and well-known teams from both Service Champions and HELP now joining forces, and by investing in our business and maintaining our focus on earning the trust of our customers and clients, we are now better equipped than ever to achieve the goal,” he added.

About Service Champions Group

Based in Orange County, CA, Service Champions is a leading provider of essential home services specializing in heating, air conditioning and plumbing services. With the mission to maintain long term relationships with its customers, Service Champions is dedicated to delivering timely, high quality services across a comprehensive suite of HVAC and plumbing products. Service Champions goes to market with several trade names including; Service Champions, Bell Brothers, Moore Home Services, ASI, Adeedo! and ProSkill Services. For more information, please visit https://partnerships.servicechampions.com.

About Odyssey Investment Partners

Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with more than a 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com.

M&A Contact: Daniel Hamm, CFO

E: [email protected]

P: 562.212.3694

Media Contact: Dana Rosenberg

E: [email protected]

P: 310.702.1539


Service Champions Adds Hobaica Service in Phoenix to the Group

THE SERVICE CHAMPIONS GROUP CONTINUES AGGRESSIVE GROWTH STRATEGY WITH 11TH ACQUISITION IN 24 MONTHS

 

BREA, CA – May 12, 2021 –Service Champions Group, a leading U.S. Plumbing, Heating and Air Conditioning establishment, today announced the signing of a definitive agreement under which Service Champions will acquire Hobaica Services. Founded in 1952, Hobaica, the well-known family owned, and operated residential service company provides residents of the Phoenix metropolitan area with honest and ethical cooling, heating, plumbing, drain & sewer, electrical, security and custom wine cellar services. The acquisition, together with the December 2020 acquisition of ProSkill Services of Phoenix, positions Service Champions as the top provider in the Phoenix area marketplace. Service Champions is a portfolio company of Odyssey Investment Partners.

Hobaica Services Logo
Leland Smith, Founder and CEO of Service Champions, said, “The addition of Hobaica to the Service Champions family of businesses, including the recently acquired ProSkill, cements our place as the leading provider of best-in-class customer service in the heating and cooling industry to Valley of the Sun residents. With an unwavering focus on exceptional customer service, Hobaica is well-known in the area for treating their customers like family. This philosophy is identical to the core tenets that Service Champions was founded on and has practiced for more than 20 years. We are very excited about the meaningful contribution this partnership brings to the company’s long-term growth plan to be the largest provider of residential services in the Western United States.”

The second generation of the Hobaica family sits at the helm of the industry leading services group, with Louis Hobaica serving as President and CEO, along with his brothers Paul and Mike. “We are extremely pleased to join such a dynamic organization and bring together our complimentary businesses, talented teams and customer-focused cultures. The strength of the Service Champions and the Hobaica brands partnership is the value we bring to our customers and employees. Our goal to be the most likable people you have ever met, will continue along with Service Champions. I promise, You’ll lika…Hobaica,” Louis Hobaica said.

Service Champions’ Chief Operating Officer, Frank DiMarco, echoed Mr. Hobaica’s remarks. “Service Champions’ interest in Hobaica reflects the success of our strategy to identify the right partners. The combined company will have an exemplary and extended portfolio of home services. We intend to leverage this platform to significantly grow the business and gain even more market share in the Phoenix area while maintaining continuity and stability of our valuable customer relationships.”

Service Champions’ CFO, Daniel Hamm, added,  “Acquiring Hobaica adds both a solid brand to our portfolio and positions the company to continue expanding into dynamic vertical markets. Our goal is to be the biggest and the best in the home services arena. This transaction brings us one step closer to making that happen. It’s our 11th acquisition in 24 months and we are actively pursuing future investments in the Western United States and beyond,” said Hamm.

About Service Champions Group

Based in Orange County, CA, Service Champions is a leading provider of essential home services specializing in heating, air conditioning and plumbing services. With the mission to maintain long term relationships with its customers, Service Champions is dedicated to delivering timely, high quality services across a comprehensive suite of HVAC and plumbing products. Service Champions goes to market with several trade names including; Service Champions, Bell Brothers, Moore Home Services, ASI, Adeedo! and ProSkill Services. For more information, please visit https://partnerships.servicechampions.com.

About Odyssey Investment Partners

Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with more than a 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority-controlled investments in industries with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com.

M&A Contact: Daniel Hamm, CFO

E: [email protected]

P: 562.212.3694

Media Contact: Dana Rosenberg

E: [email protected]

P: 310.702.1539


Service Champions Acquires Sierra Air in Reno, NV

ORANGE COUNTY—March 30, 2021—Service Champions Plumbing, Heating & AC (“Service Champions”) today announced that it has acquired Sierra Air (“Sierra”) a market-leading home services company in Reno, Nevada.

 

Founded in 1986, Sierra is the #1 HVAC company in Reno, and will give Service Champions a leading position in that market in both HVAC and Plumbing when paired with Jet Plumbing Heating & Drain Services, a plumbing-focused company that was acquired in 2020. The companies will be led by founder and CEO of Service Champions, Leland A. Smith, and his management team, although Sierra and Jet Plumbing will continue to operate under their existing brand names. Sierra’s founder Ron Ford has become a shareholder of Service Champions.

Mr. Smith said: “We are excited to assume a market-leading position in Reno through this acquisition. Sierra is a natural complement to Jet Plumbing, and we are thrilled to extend market share by combining our businesses and leveraging our collective operational and marketing expertise. This transaction represents a natural fit for our long-term growth plan to be the largest residential HVAC and plumbing services company in the Western United States.”

“Partnering with Service Champions is an exciting next step for us,” said Ron Ford, founder of Sierra. “We look forward to continuing to provide quality service to our customers and sharing best practices. Our focus has always been on taking care of our customers and employees, which is in complete alignment with the vision of Service Champions.”

“This acquisition is a great addition to our portfolio. We continue to build density in the markets we are already in and to expand our footprint across the Western United States,” said Frank DiMarco, COO of Service Champions.

Daniel Hamm, CFO of Service Champions, said: “Service Champions is actively seeking acquisitions that continue to broaden our footprint in the Western United States and beyond. Our goal is to invest, integrate and grow service businesses with the mission to deliver the absolute best Home Service customer experience imaginable to our clients.”

Service Champions is a portfolio company of Odyssey Investment Partners (“Odyssey”), which invested alongside management to acquire the company in December 2020.

About Service Champions

Based in Orange County, CA, Service Champions is a leading provider of essential home services specializing in heating, air conditioning, and plumbing services. With the mission to maintain long-term relationships with its customers, Service Champions is dedicated to delivering timely, high quality services across a comprehensive suite of HVAC and plumbing products. Service Champions goes to market with several trade names including Service Champions, Bell Brothers, Moore Home Services, ASI, Adeedo! and ProSkill Services. For more information, please visit  www.servicechampions.com.

About Odyssey Investment Partners

Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with more than a 25-year history of partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority controlled investments in industries with a long-term positive outlook and favorable secular trends. For further information about Odyssey, please visit www.odysseyinvestment.com.

Contact:

For M&A Inquiries

Daniel Hamm

[email protected]


SC Group Adds ABC Cooling Heating & Plumbing

DALLAS–(BUSINESS WIRE)–CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced its portfolio company Service Champions has acquired ABC Cooling Heating & Plumbing (“ABC”), a long-tenured provider of residential air conditioning and plumbing repair services headquartered in Hayward, California. ABC has provided high quality service to homeowners across the greater East Bay metropolitan area for over 65 years.

ABC Cooling, Heating & Plumbing

“We are excited to expand our footprint into the East Bay and solidify our position as the largest residential services provider across both Southern and Northern California”

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This transaction marks Service Champion’s fifth acquisition since CenterOak completed a majority investment in May 2019 and expands Service Champion’s residential service agreement base to over 45,000 across the state of California.

“We are excited to expand our footprint into the East Bay and solidify our position as the largest residential services provider across both Southern and Northern California,” said Leland Smith, founder and Chief Executive Officer of Service Champions. “The acquisition of ABC brings us some very talented employees, a large established customer base, as well as a beachhead for significant expansion initiatives we have underway in East Bay. Over the next several months we will be opening additional locations throughout East Bay to provide our customers unmatched service levels throughout the region.”

“We view this acquisition as a win for both our customers as well as our staff,” said Frank DiMarco, Chief Operating Officer of Service Champions. “As we continue building density in Northern California, our employees now have the flexibility to work across East Bay, North Bay or Sacramento, participate in world-class training programs, and be a part of a rapidly growing organization.”

“Service Champions has been actively expanding over the past twelve months to better serve customers in key regions across the Western United States,” said Lucas Cutler, a Managing Partner of CenterOak. “ABC’s location density in a strategic area combined with Service Champion’s commitment to operational excellence made this an ideal fit for the Service Champions platform.”


San Diego’s ASI Joins The SC Group

DALLAS–(BUSINESS WIRE)–CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced that its portfolio company Service Champions (the “Company”) has acquired ASI Hastings Inc. (“ASI”), the largest provider of residential HVAC and plumbing services in San Diego, California.

“The ASI transaction comes on the heels of our recent expansion into the East Bay and we now have an exceptional portfolio of brands that maintain leading market positions in a number of large metropolitan areas across the state.”

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This transaction marks Service Champion’s sixth acquisition since CenterOak completed a majority investment in May 2019. ASI’s co-owners Phil and Ken Justo will continue in their existing leadership roles and become shareholders of the combined Company.

“We are incredibly excited to welcome ASI into the Service Champions family,” said Leland Smith, CEO of Service Champions. “ASI has built an exceptional reputation as the premier provider of residential HVAC and plumbing services throughout San Diego. We continue to see tremendous opportunity to scale Service Champions to build on our position as the leading residential HVAC and plumbing services company in the Western United States. Together with our partners at CenterOak we will continue to pursue both organic and acquisition-driven growth initiatives in key markets throughout the West.”

“The ASI team is thrilled to be joining Service Champions, an organization which shares our vision and commitment to our customers and employees,” said Phil Justo, President of ASI. “Partnering with the largest residential services provider in California will bring us significant financial resources to improve our training programs, attract talented employees, and accelerate our growth,” said Ken Justo, Vice President of ASI.

“Service Champions has been actively expanding over the last 18 months to build scale and better serve customers in key regions throughout California,” said Lucas Cutler, a Managing Partner with CenterOak. “The ASI transaction comes on the heels of our recent expansion into the East Bay and we now have an exceptional portfolio of brands that maintain leading market positions in a number of large metropolitan areas across the state.”


Service Champions Acquires Bell Brothers Plumbing, Heating & Air

DALLAS–(BUSINESS WIRE)–CenterOak Partners LLC (“CenterOak”), a Dallas-based private equity firm, today announced that its portfolio company Service Champions (the “Company”) has acquired Bell Brothers Plumbing Heating and Air (“Bell Brothers”), the largest provider of residential air conditioning and plumbing services in Sacramento, California.

“The combination of Service Champions and Bell Brothers brings together two of the strongest residential services companies in California”

The acquisition is the third since Service Champions received an investment from CenterOak and expands the Company’s footprint to over 40,000 residential service agreements. Bell Brothers’ co-founders Kenny and Jerry Bell will continue in their existing leadership roles and become shareholders of the combined Company.

“We are excited to welcome Bell Brothers to the Service Champions family,” said Leland Smith, CEO of Service Champions. “This transformative acquisition is a great example of why we partnered with CenterOak. Their expertise and resources helped us to complete this transaction efficiently, and we look forward to integrating Bell Brothers while upholding their stringent standards and commitment to customer service.”

“The Bell Brothers team is thrilled to be joining Service Champions, an organization that shares our vision and commitment to our customers and employees,” said Kenny Bell, President of Bell Brothers. Jerry Bell, Vice President of Bell Brothers said, “Partnering with Service Champions will bring us significant financial resources to improve our training programs, attract talented employees, and expand our service footprint.”

“The combination of Service Champions and Bell Brothers brings together two of the strongest residential services companies in California,” said Lucas Cutler, a Partner with CenterOak. “This marks an important milestone in executing on our long-term vision of building the market leading provider of residential services across the West Coast.”

Greenberg Glusker Fields Claman & Machtinger LLP served as legal counsel to Bell Brothers. Gibson, Dunn & Crutcher LLP served as legal counsel to CenterOak.

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The Service Champions Group is headquartered in Orange County, California and has been serving its residents and community for over 20 years.

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