Gridiron Capital Announces Legacy Service Partners’ Investment in Two Strategic Residential Services Companies
Partnerships with John Henry’s Plumbing, Heating & Air and Buehler Air Conditioning Will Expand Legacy’s National Footprint
NEW CANAAN, CT, May 2, 2023 – Gridiron Capital, LLC (“Gridiron Capital”), an investment firm focused on partnering with founders, entrepreneurs, and management teams, is pleased to announce that portfolio company, Legacy Service Partners (“Legacy”), has recently completed an investment in two home services companies: John Henry’s Plumbing, Heating & Air and Buehler Air Conditioning. By entering a new geography and gaining scale in an existing market, Legacy will continue to fuel growth while maintaining the company’s culture of prioritizing customer satisfaction. Legacy utilizes its differentiated add-on sourcing model to partner with quality brands in a highly fragmented market, opening new geographies and expanding service lines across its partnership brands.
John Henry’s opened its doors in 1996 as a small, family-owned business and has since evolved into a multi-faceted home service company. The company offers plumbing, heating, air conditioning, and drain clearing services in the greater Lincoln, Nebraska area, which will help expand Legacy’s reach in the Midwest.
Since 2010, Buehler Air Conditioning has provided heating and cooling services to thousands of customers in the greater Jacksonville, Florida area. Their technicians are North American Technician Excellence (“NATE”)-certified experts and pride themselves on providing high-quality service, earning the company an average of 5 stars from their nearly 2,000 reviewers.
Kevin Jackson, Managing Partner, said “Legacy has made significant progress executing the business’ strategic plan, leveraging Gridiron’s Centers of Excellence and repeatable processes to enhance its proven acquisition engine and integration platform while accelerating organic growth. The combination of John Henry’s and Buehler’s strong local reputations for exceptional customer service and Legacy’s extensive resources will establish a winning partnership for their teams and the communities they serve.”
About Gridiron Capital
Gridiron Capital is an investment firm focused on partnering with founders, entrepreneurs, and management teams, and creating value by building middle-market companies into industry-leaders in branded consumer, B2B and B2C services, and niche industrial segments in the United States and Canada. We help transform growing companies by winning together through hard work, partnerships grounded in shared values and a unique culture that comes from hands-on experience building and running businesses. As a team led by former operators and entrepreneurs, we know what it takes to run successful businesses on a day-to-day basis. Additional information is available on the firm’s website: www.gridironcapital.com.
About Legacy Service Partners
Legacy Service Partners is a leading provider of residential heating, ventilation, and air-conditioning (HVAC), plumbing, and electrical services. Legacy offers replacement, repair, and maintenance services, with a large and growing installed base across the US. The Company’s diversified business mix, premier acquisition engine, and best practice playbooks differentiate Legacy as a uniquely positioned platform to offer entrepreneurs and business owners in the home service sector the ability to realize immediate financial value for the companies they’ve built, while partnering to continue to grow their business long into the future. Additional information is available on the firm’s website: www.legacyservicepartners.com.
Gridiron Capital, LLC
Kevin Jackson, Managing Partner