Wrench Group
VerifiedPlatform
Created 2016 by Investcorp from four founder-led brands; Leonard Green majority (2019), TSG Consumer + Oak Hill significant minority (Nov 2022). 25+ brands across 14 states.
Ownership
- Wrench Group backed by Alpine Investors Verified
- Wrench Group backed by Investcorp Verified
- Wrench Group backed by Leonard Green & Partners Verified
- Wrench Group backed by Oak Hill Capital Verified
- Wrench Group backed by TSG Consumer Partners Verified
- Coolray Heating & Cooling rolled up into Wrench Group Verified
- Parker & Sons rolled up into Wrench Group Verified
- Morris-Jenkins rolled up into Wrench Group Verified
Deals
TSG Consumer Partners & Oak Hill Capital take significant minority in Wrench Group
Leonard Green & Partners acquires Wrench Group from Investcorp
Investcorp acquires Wrench Group from Alpine Investors
Related news
- ainvest.com· Sep 12, 2025
Blue Owl Capital and Oak Hill Advisors are leading a $1.3 billion private debt package for Wrench Group, replacing its existing bank financing. The package includes a term loan, delayed-draw loan, and revolving credit facility. Wrench Group is backed by private equity firms Leonard Green & Partners, TSG Consumer Partners, and Oak Hill Capital. The deal marks a notable refinancing in the private credit market.
- tsgconsumer.com· Nov 9, 2022
TSG Consumer Partners and Oak Hill have partnered with Leonard Green & Partners and management to support Wrench Group's next phase of growth. Ken Haines will continue as CEO. The partnership aims to leverage financial, digital, and operational capabilities to expand geographically and through strategic acquisitions. Leonard Green remains a majority owner.
- prnewswire.com· Apr 1, 2019
Investcorp announced the sale of The Wrench Group, a national provider of home maintenance and repair services, to Leonard Green & Partners. The terms of the transaction were not disclosed. Investcorp formed Wrench in 2016, and under CEO Ken Haines, the company achieved growth through market share gains, expanded service offerings, and four strategic acquisitions.
- prnewswire.com· Mar 1, 2016
Investcorp announced a majority investment in The Wrench Group, a provider of HVAC, plumbing, and electrical services. The company was formerly controlled by Alpine Investors, Skylight Capital, and management. The Wrench Group serves over 140,000 customers in Atlanta, Dallas, Houston, and Phoenix, with approximately $150 million in 2015 revenue. Investcorp plans to support the company's organic growth and strategic expansion.
- privateequitywire.co.uk
The article reports that Blue Owl and Oak Hill are leading a $1.3 billion private credit deal for Wrench Group. No further details about the transaction or its implications are provided in the accessible text.