With over 100 years of combined experience, our investment bankers are highly knowledgeable and have extensive relationships with strategic and financial buyers. By retaining our services, you will maximize your potential of successfully closing a transaction with credible institutional buyers or investors on a timely basis and on attractive price and terms.
Sale of Acree Plumbing, Air & Electric to LTP Home Services Group.
Hyde Park Capital client Accree Plumbing, Air & Electric, a full service provider of residential HVAC, plumbing, and electrical services located in Tampa, FL, has been acquired by LTP Home Services Group, a portfolio company of L Catterton, a leading middle-market private equity firm based in Greenwich, CT. The transaction marks Hyde Park Capital’s sixth major client transaction of 2022 and builds on the momentum of continuing market strength for mergers and acquisitions in 2023 for the home services industry.
“After 40 years of building a tremendous company independently, Suzy and I realized in order to take the company to the next level, we needed a large strategic partner to help expand our services. The high demand and continued expected growth put our current resources to the test, so we engaged Hyde Park Capital to find the right partner to help us. LTP is somebody we felt very comfortable with and confident in to continue to grow the Acree business. We are incredibly thankful to have had Hyde Park help us with this process and excited to be partnered with LTP. We could not be happier with our decision and are excited to watch our HVAC, electrical and plumbing services expand throughout the United States.”
Vic Trino, Co-Owner , Acree Plumbing, Air & Electric