Wrench Group
VerifiedPlatform
Created 2016 by Investcorp from four founder-led brands; Leonard Green majority (2019), TSG Consumer + Oak Hill significant minority (Nov 2022). 25+ brands across 14 states.
Headquarters
Ownership map
Ownership links are documented, evidence-gated edges, shown as reported by their sources. Naming a company is not an accusation against it. See our methodology and legal notes.
Ownership
Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.
- Wrench Group backed by Alpine Investors Verified
- Wrench Group backed by Investcorp Verified
- Wrench Group backed by Leonard Green & Partners Verified
- Wrench Group parent of Coolray Heating & Cooling (deal) reported
- Investcorp Divested Wrench Group reported
- Investcorp parent of Wrench Group (deal) reported
- Florida Cool Inc. rolled up into Wrench Group (deal) reported
- Champions Group rolled up into Wrench Group (deal) reported
- Easy A/C rolled up into Wrench Group (deal) reported
- Boothe's Heating, Air & Plumbing rolled up into Wrench Group (deal) reported
- Collins Comfort Masters rolled up into Wrench Group (deal) reported
- All About Water rolled up into Wrench Group (deal) reported
- CoolToday rolled up into Wrench Group (deal) reported
- Donovan Heat and Air rolled up into Wrench Group (deal) reported
- Williams Comfort Air rolled up into Wrench Group (deal) reported
- Buckeye Heating & Cooling rolled up into Wrench Group (deal) Verified
- Coolray Heating & Cooling rolled up into Wrench Group Verified
- Parker & Sons rolled up into Wrench Group Verified
- Superior Service rolled up into Wrench Group (deal) Verified
- NexGen Air Conditioning & Plumbing rolled up into Wrench Group (deal) reported
- Baker Brothers rolled up into Wrench Group (deal) reported
Ownership
Ownership links are documented, evidence-gated edges, shown as reported by their sources. A verified mark denotes an independently corroborated edge; links shown as reported are drawn as their sources record them and are not independently corroborated. Naming a company is not an accusation against it. See our methodology and legal notes.
- Wrench Group backed by Alpine Investors Verified
- Wrench Group backed by Investcorp Verified
- Wrench Group backed by Leonard Green & Partners Verified
- Wrench Group parent of Coolray Heating & Cooling (deal) reported
- Investcorp Divested Wrench Group reported
- Investcorp parent of Wrench Group (deal) reported
- Florida Cool Inc. rolled up into Wrench Group (deal) reported
- Champions Group rolled up into Wrench Group (deal) reported
- Easy A/C rolled up into Wrench Group (deal) reported
- Boothe's Heating, Air & Plumbing rolled up into Wrench Group (deal) reported
- Collins Comfort Masters rolled up into Wrench Group (deal) reported
- All About Water rolled up into Wrench Group (deal) reported
- CoolToday rolled up into Wrench Group (deal) reported
- Donovan Heat and Air rolled up into Wrench Group (deal) reported
- Williams Comfort Air rolled up into Wrench Group (deal) reported
- Buckeye Heating & Cooling rolled up into Wrench Group (deal) Verified
- Coolray Heating & Cooling rolled up into Wrench Group Verified
- Parker & Sons rolled up into Wrench Group Verified
- Superior Service rolled up into Wrench Group (deal) Verified
- NexGen Air Conditioning & Plumbing rolled up into Wrench Group (deal) reported
- Baker Brothers rolled up into Wrench Group (deal) reported
Market signals
Market signals
Acquisition history
Acquisition footprint
- 1. Florida 5
- 2. Arizona 4
- 3. California 2
- 4. Georgia 2
- 5. Ohio 2
Deals
TSG Consumer Partners & Oak Hill Capital take significant minority in Wrench Group
Leonard Green & Partners acquires Wrench Group from Investcorp
Investcorp Acquired Wrench Group from Alpine Investors
Wrench Group sold to Investcorp in 2016
Wrench Group acquires All About Water
Wrench Group acquires Boothe's Heating, Air & Plumbing
Wrench Group acquires Buckeye Heating & Cooling (24th brand)
Wrench Group acquires Buckeye Heating & Cooling
Wrench Group acquires Service Champions North, first California location
Wrench Group acquires Easy A/C and Service Champions (related)
Wrench Group acquires Collins Comfort Masters (6th 2020 deal)
Wrench Group prior acquisition of CoolToday (April 2019)
Wrench Group acquires Donovan Heat and Air, expanding into northern Florida
Wrench Group acquires Easy A/C in Tampa, Florida
Wrench Group acquires Easy A/C and Service Champions (related)
Wrench Group acquires Florida Cool Inc., expanding in Southwest Florida
Wrench Group acquires Superior Service, NexGen, and Parker & Sons
Wrench Group acquires All About Water (Phoenix) — fifth 2020 acquisition
Wrench Group acquires Superior Service, NexGen, and Parker & Sons
Wrench Group acquires Superior Service in St. Augustine, Florida
Wrench Group formed in 2016 from four service businesses, PE-backed and recapped
Related news
- ainvest.com· Sep 12, 2025
Blue Owl Capital and Oak Hill Advisors are leading a $1.3 billion private debt package for Wrench Group, replacing its existing bank financing. The package includes a term loan, delayed-draw loan, and revolving credit facility. Wrench Group is backed by private equity firms Leonard Green & Partners, TSG Consumer Partners, and Oak Hill Capital. The deal marks a notable refinancing in the private credit market.
- tsgconsumer.com· Nov 9, 2022
TSG Consumer Partners and Oak Hill have partnered with Leonard Green & Partners and management to support Wrench Group's next phase of growth. Ken Haines will continue as CEO. The partnership aims to leverage financial, digital, and operational capabilities to expand geographically and through strategic acquisitions. Leonard Green remains a majority owner.
- prnewswire.com· Apr 1, 2019
Investcorp announced the sale of The Wrench Group, a national provider of home maintenance and repair services, to Leonard Green & Partners. The terms of the transaction were not disclosed. Investcorp formed Wrench in 2016, and under CEO Ken Haines, the company achieved growth through market share gains, expanded service offerings, and four strategic acquisitions.
- prnewswire.com· Mar 1, 2016
Investcorp announced a majority investment in The Wrench Group, a provider of HVAC, plumbing, and electrical services. The company was formerly controlled by Alpine Investors, Skylight Capital, and management. The Wrench Group serves over 140,000 customers in Atlanta, Dallas, Houston, and Phoenix, with approximately $150 million in 2015 revenue. Investcorp plans to support the company's organic growth and strategic expansion.
- privateequitywire.co.uk
The article reports that Blue Owl and Oak Hill are leading a $1.3 billion private credit deal for Wrench Group. No further details about the transaction or its implications are provided in the accessible text.