PE-backed ARS completes two HVAC/plumbing add-on acquisitions (Brothers, CWA)

CI Capital Partners' portfolio company American Residential Services (ARS) completed acquisitions of Brothers Air and Heat (Charlotte) and Columbus/Worthington Air (Columbus) to expand its regional footprint as part of a buy-and-build roll-up strategy.

“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.”

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