Add-on acquisition Jul 2011 · California, USA Verified
PE-backed Bonney Plumbing, Heating & Air acquires D&D Plumbing, Heating & Cooling
Bonney Plumbing, Heating & Air — funded by Seattle-based private equity firm Skylight Capital — acquired D&D Plumbing, Heating & Cooling of Vacaville, CA, as an add-on to expand toward Marin County and the Bay Area. Generational Equity advised on the sale.
“The acquiring company is Bonney Plumbing, Heating & Air, a Sacramento, Calif.-based residential and commercial service provider. Bonney was funded by Skylight Capital, a Seattle-based private equity group. The value of the transaction was not disclosed.”
Entities
Bonney Plumbing, Heating & Air · Acquirer D&D Plumbing, Heating & Cooling · Target Generational Equity · Advisor Skylight Capital · Sponsor
HVACPlumbing
Source: www.achrnews.com
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