TurnPoint Services
VerifiedPlatform
Multi-brand platform; 21 add-ons in 2021 alone; EBITDA doubled within 2 years. OMERS PE since Nov 2020.
Ownership
- TurnPoint Services backed by OMERS Private Equity Verified
- TurnPoint Services backed by Trivest Partners Verified
- Dauenhauer Heating & Air rolled up into TurnPoint Services Verified
Deals
Related news
- omersprivateequity.com· Nov 17, 2020
OMERS Private Equity announced the acquisition of TurnPoint Services from Trivest Partners. TurnPoint is a provider of residential HVAC, plumbing, and electrical services, with a growing commercial offering. The company has grown through organic initiatives and acquisitions, currently operating 17 brands with over 720 technicians. Terms of the transaction were not disclosed.
- BlackArch Partners Advises Trivest Partners on Sale of TurnPoint Services to OMERS Private EquityVerifiedblackarchpartners.com· Jan 26, 2021
BlackArch Partners advised Trivest Partners on the sale of TurnPoint Services, a portfolio company providing HVAC, plumbing and electrical services, to OMERS Private Equity. The article notes that TurnPoint was established in 2016 with Trivest's investment and has since completed 16 add-on acquisitions, grown revenue nearly 10x, and expanded its employee base to nearly 2,000. The company will leverage OMERS' investment to continue its rapid growth.
- TurnPoint Services Group announced the completion of 21 acquisitions over the course of 2021Verifiedachrnews.com
TurnPoint Services Group announced the completion of 21 acquisitions in 2021, more than doubling its platform to 40 branded service companies across 28 states. The company also launched the TurnPoint Leadership Academy and a regional apprenticeship program to create jobs and impact local communities.