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Category: Acquisition

ServiceMark Heating, Cooling & Plumbing Now Part of Strikepoint Group Holdings

Wednesday, 01 August 2018 by Strikepoint

Locally operated Horizon Services is excited to announce that the residential division of ServiceMark Heating, Cooling & Plumbing will integrate with Horizon Services’ teams in Pennsylvania and Delaware, while continuing to operate under the ServiceMark brand. With matched reputations for outstanding residential service, both teams look forward to sharing expertise for the benefit of their customers and fellow employees.

Founded in 1987, Horizon Services supports homeowners throughout Delaware, Maryland, Pennsylvania and New Jersey with outstanding comfort solutions and award-winning customer service. Horizon’s leadership team anticipates a host of new opportunities for expanded service and branding in its home marketplace.

ServiceMark’s long-standing reputation for excellence is rooted in its 65-year history of customer-focused care. Supported by a highly-trained team of technicians and customer service professionals, customers in residential markets trust ServiceMark to provide outstanding comfort solutions.

“We’re honored to have been selected to move ServiceMark’s residential division forward as a business and a brand,” says Dave Geiger, founder and CEO of Horizon Services. “Just like Horizon, their team has a wealth of knowledge and experience that will benefit customers of both brands.”

“We respect the reputation and drive of Horizon Services,” says Brian Nefferdorf, current Operations Manager of ServiceMark Heating, Cooling & Plumbing. “We’re thrilled to work with their team, and look forward to sharing best practices.”

A unique family legacy also reinforces this growing relationship. John Cameron Jr., Sales Manager for Horizon Services, first entered the industry as part of John H. Cameron & Sons, Inc. Cameron’s family business later became a part of the ServiceMark group. Says Cameron, “It’s a great feeling to reunite so many familiar faces. Each group offers unique insight and expertise. I look forward to more shared success.”

About ServiceMark
ServiceMark Heating, Cooling & Plumbing, an AmeriGas company, has kept customers comfortable for over 65 years. ServiceMark’s team of expert technicians, installers, master plumbers, sales professionals, and support staff promise reliability, quality, and satisfaction on every project, regardless of size. Learn more about ServiceMark’s tradition of excellence at www.servicemarksolutions.com.

About Horizon Services
Locally operated Horizon Services is the award-winning cooling, heating and plumbing service trusted by customers throughout the region since 1987. Eight-time Lennox award winners for service and support, Horizon delivers exceptional comfort solutions that respect each customer’s home, time, and wallet. Find out more at www.horizonservices.com

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Casteel Heating, Cooling, Plumbing, and Electrical Merges with Knight Air Conditioning and Heating

Friday, 01 June 2018 by Strikepoint

Knight Air Conditioning and Heating, the trusted name in home comfort for Gwinnett County and surrounding areas since 1971, has merged with locally owned and operated Casteel Heating, Cooling, Plumbing, and Electrical. The new partnership will provide additional offerings and benefits to homeowners in the East Atlanta area.

Founded in 1971, Knight has delivered on its mission of professional service and high-quality installations for over forty years. As part of the Casteel family, the company will now be able to expand on its mission of high-quality service with added 24-hour availability, electrical and plumbing, in addition to exceptional air conditioning, and heating.

“Our reputation for excellence is a community tradition,” says Knight co-owner Tim Loudermilk. Joel Aderhold, co-owner of Knight, adds, “We’re excited to offer our neighbors expanded service and support as part of the Casteel family.”

“This partnership will benefit our customers, as well as both organizations,” comments Jim Rutherford, Operations Manager for Casteel. “We look forward to growing with the outstanding team at Knight.”

About Knight Air Conditioning and Heating Company

Based in Lawrenceville, GA, Knight Air Conditioning, and Heating Company is a local leader in outstanding air conditioning and heating. Founded in 1971, Knight’s reputation for professional, high-quality service is well-reviewed and trusted by homeowners throughout Gwinnett County and beyond. Learn more about Knight’s customer-focused approach at https://www.casteelair.com/about-us/why-casteel/knight/

About Casteel Heating, Cooling, Plumbing and Electrical

From extensively trained technicians to lightning-fast response times and dependable service, Casteel goes the extra mile to deliver amazing care for homeowners. Locally owned and operated for over 30 years, Casteel provides 24/7 plumbing, electrical, heating and cooling services that Atlanta-area customers depend on season after season. Learn more about Casteel at www.casteelair.com.

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Strikepoint Group Holdings Acquires Water Works

Sunday, 01 April 2018 by Strikepoint

Water Works Joins Gold Medal Service

[Westwood, NJ, April 2018] — Water Works, plumbing, heating, air conditioning and water purification experts of choice in Westwood, NJ, has merged with locally owned and operated Gold Medal Service. The new partnership will expand services and reach for customers throughout Bergen, Rockland, and Passaic counties.

Since 1979, customers in Westwood and the surrounding areas have trusted Water Works for premier solutions at affordable prices. As part of the Gold Medal family, the company will now be able to offer customers additional services including electrical, one-day bath remodels and 24-hour availability.

“Gold Medal’s passion for outstanding customer service is a perfect match with our own,” says Michael Medaglia, president and owner of Water Works. “Their expanded offering and reach in New Jersey makes this partnership a clear winner for everyone.”

Joe Todaro, Director of Operations for Gold Medal Service, adds, “We’re excited to work with the outstanding team at Water Works.” Todaro continues, “Their local reputation and history of performance is second-to-none.”

About Water Works
Based in Westwood, NJ, Water Works is a leader in plumbing, heating, air conditioning and water purification services.  Founded by Michael Medaglia in 1976, Water Works serves homeowners throughout Bergen, Rockland, and Passaic counties. Learn more about Water Works’ reputation for customer-focused care at https://www.goldmedalservice.com/about-us/why-gold-medal/water-works/

About Gold Medal Service
For over 24 years Gold Medal Service has delivered top-quality air conditioning, heating, electrical and plumbing services for New Jersey homeowners. Acquired by Horizon Services, LLC in June of 2017, its complete service-offering includes repairs and installation to emergency services with 24/7 support. Learn more about Gold Medal Service’s growth and legacy, visit www.goldmedalservice.com

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Horizon Services Expands with Acquisitions of Gold Medal Service and Casteel Heating & Cooling

Tuesday, 11 July 2017 by Strikepoint

July 11, 2017 09:00 AM

WILMINGTON, Del.–Horizon Services (“Horizon”), a premier residential provider of plumbing, heating and air conditioning services, today announced that the company has completed the acquisition of Gold Medal Service and Casteel Heating & Cooling. The acquisitions are the first since Horizon received an investment from an affiliate of private equity firm Sun Capital Partners, Inc. in March. Terms of the private transactions were not disclosed.

“We are incredibly excited to welcome Gold Medal and Casteel to the Horizon Services family”

Gold Medal Service, based in East Brunswick, NJ, was formed in 1994 and serves more than 17,000 residential customers in the central New Jersey market. Casteel Heating & Cooling is one of the largest services businesses in the Atlanta market, growing at more than 25 percent annually since 2012.

“We are incredibly excited to welcome Gold Medal and Casteel to the Horizon Services family,” said Mark Aitken, Co-CEO of Horizon Services. “Expanding through the strategic acquisition of these great businesses is the perfect example of why we brought on Sun Capital as our financial partner. Their expertise and resources helped us to complete these transactions efficiently, and we now expect to benefit from Sun’s experience as we integrate the companies.”

Becoming part of Horizon will provide both businesses with financial resources to hire additional personnel, as well as better training programs that will enable Gold Medal and Casteel to deepen and broaden their customer relationships.

“Both Gold Medal and Horizon have strong reputations in New Jersey,” said Mike Agugliaro, Co-Founder of Gold Medal Service. “Combining can only enhance the capabilities and the service we each deliver to our customers, and it makes us the strongest plumbing, HVAC and electrical provider in New Jersey.”

With the two acquisitions, Horizon now operates in six states and has more than 900 employees. Both Gold Medal and Casteel will continue to operate under their existing brands.

“Casteel has done very well in the Atlanta market, and now we are excited to not only become part of something bigger, but to apply the best practices of Horizon to bring our professionals greater resources and deliver even more value to our customers,” said John Hillis, Founder of Casteel Heating & Cooling.

About Horizon Services

Horizon Services is the region’s largest and most well-respected plumbing, heating and air conditioning company with over 650 full-time employees and more than 400 service vehicles in its core business, and more than 250 employees in its affiliated companies, serving tens of thousands of homeowners throughout Delaware, Pennsylvania, New Jersey, Maryland and Georgia. For more information, please visit www.horizonservicesinc.com.

About Strikepoint Group Holdings 

Founded in 1987, Strikepoint Group Holdings is one of the largest and most referred home services companies in the United States, specializing in heating, air conditioning, plumbing, drain cleaning, electrical, and indoor air quality. SGH is based in Newark, Delaware. Since 2017, the HGH portfolio has expanded organically and through acquisitions in Delaware, Pennsylvania, New Jersey, Connecticut, Maryland, and Florida. Most recently, SGH welcomed Eanes in North Carolina, AccuTemp Heating and Cooling in Georgia, A-Absolute in New Jersey, Maitz in Pennsylvania, and Hutchinson Heating, Cooling, Plumbing, and Electrical in New Jersey.

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