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Add-on acquisition May 2011 · Charlotte, N.C. / Columbus, Ohio Verified

CI Capital portfolio company ARS completes two HVAC acquisitions (Brothers Air and Heat, Columbus/Worthington Air)

American Residential Services (ARS), a portfolio company of PE firm CI Capital Partners, completed two add-on acquisitions—Brothers Air and Heat (Charlotte) and Columbus/Worthington Air (Columbus)—to expand its regional footprint.

“NEW YORK - CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed two acquisitions to increase its penetration in the Charlotte, N.C., and Columbus, Ohio, metropolitan markets.”

Entities

American Residential Services (ARS/Rescue Rooter) · Acquirer Brothers Air and Heat · Target CI Capital Partners · Sponsor Columbus/Worthington Air · Target
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.