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Add-on acquisition · Closed Jan 2005

Comfort Systems USA acquires Granite State Plumbing & Heating from KeySpan for $2.8M

Relationship map

Relationship map for Comfort Systems USA acquires Granite State Plumbing & Heating from KeySpan for $2.8Mparent ofKeySpan Corp.: PlatformKCKeySpan Corp.Granite State Plumbing & Heating: Operating CompanyGSGranite State Plumbin…
Operating CompanyPlatform

Parties

Acquirer
KeySpan Corp.
Platform
Target
Granite State Plumbing & Heating
Operating Company

Summary

Comfort Systems USA acquired Granite State Plumbing & Heating (≈$25M 2004 revenue) from utility KeySpan Corp. for $2.8 million cash, expanding its commercial HVAC services in the New Hampshire and Vermont markets.