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Add-on acquisition Jun 2011 · Charlotte, North Carolina, USA Verified

CI Capital portfolio company ARS acquires Brothers Air and Heat in Charlotte

American Residential Services (ARS), a portfolio company of New York PE firm CI Capital Partners, completed the purchase of Brothers Air and Heat, a Charlotte-area HVAC and plumbing company with revenues of almost $15 million, as part of its buy-and-build roll-up strategy.

“ARS has concluded the purchase of Brothers Air and Heat (Brothers), a HVAC and plumbing company with revenues of almost $15 million, serving the Charlotte metropolitan area.”

Entities

American Residential Services L.L.C. · Platform Brothers Air and Heat · Target CI Capital Partners LLC · Sponsor
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.