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Majority stake · Closed May 2021

Owner-operator buys small NJ residential plumbing company (Guarantee Plumbing)

Relationship map

Relationship map for Owner-operator buys small NJ residential plumbing company (Guarantee Plumbing)parent ofRich Jordan: Operating CompanyRJRich JordanGuarantee Plumbing: Operating CompanyGPGuarantee Plumbing
Operating Company

Parties
Acquirer
Rich Jordan
Operating Company
Target
Guarantee Plumbing
Operating Company

Summary

Rich Jordan acquired a small residential service plumbing company in New Jersey (Guarantee Plumbing) roughly nine months prior, paying about two times net, and has grown it from three technicians to a team of 12.