Consolidation trend May 2011 Verified
ARS pursuing buy-and-build roll-up strategy in residential services
CI Capital's managing director framed the ARS acquisitions as the continued implementation of a buy-and-build roll-up strategy in the residential home services sector.
“Thomas Ritchie, managing director at CI Capital, said, “With the acquisitions of Brothers and CWA, ARS continues the successful implementation of its buy-and-build strategy in the residential services sector.”
Entities
American Residential Services (ARS/Rescue Rooter) · Platform CI Capital Partners · Sponsor Thomas Ritchie · Mentioned
HVACPlumbing
Source: www.achrnews.com
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.