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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.