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Divestiture Sep 2020

Hutchinson owners chose Horizon among multiple sale options

Fred Hutchinson, president of Hutchinson, stated the owners considered selling the business and had many options before partnering with Horizon, indicating an owner sell-side decision.

“We had many options when we were considering the sale of the business, but Horizon was the one we were most excited about partnering with”

Entities

Horizon Services (Horizon Group Holdings) · Acquirer Hutchinson Heating, Cooling, Plumbing, and Energy Services · Target
HVACPlumbing

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