REMAINING HOME SERVICE BUSINESS CONTINUES WITH CURRENT INVESTMENTS ON A STABLE CLIP
BREA, California., September 13, 2021 / PRNewswire / – Service Champions Group, a leading US plumbing, heating, and air conditioning company, continues to expand and today announces that it has approved TIMO’s Air Conditioning & Heating, a family-owned company that Southern California Coachella Valley for more than 20 years. Founded in 1998 by Joe Timo, Timo’s provides highly skilled, NATE certified technicians who provide the industry-leading HVAC solutions to property owners everywhere Southern California Riverside County the largest city in the region, Indio, and the cities of Cathedral city, Hot springs in the desert, Indian fountain, The fifth, Palm desert, Palm Springs, Rancho Mirage and a thousand palm trees. Timo’s is a perfect partner to expand the Service Champions brand and superior coverage onto a thriving corridor. Service Champions is a portfolio company of Odyssey Investment Partners.
“We have had Timo’s in our sights for many years and are excited to add one of the Desert Empire’s leading home service providers to the group,” said Leland Smith, Founder and CEO of Service Champions. Joe Timos Our mission has always been to achieve lifelong customer loyalty by demonstrating unparalleled industry knowledge, exceeding customer expectations, and creating an ethical culture based on integrity, honesty and character, “continued Smith.” These are the same principles upon which Service Champions was founded and this continues to be the focus of our daily lives. We are proud to extend ours Southern California Corporate family around Timo’s Air Conditioning & Heating. “
Timo’s founder and CEO, Joe TimoSmith, who with his son Joe restructured the company in 2005 to focus on repairing and replacing air conditioning systems, shares Smith’s satisfaction. “The opportunity to become part of the Service Champions Group is a privileged moment in our company’s history. We entered into this partnership because we share the common values of great service, tradition and pride. We strive to meet your expectations as well as the ones we promise to deliver efficient, environmentally friendly and competitive heating and cooling solutions. At Timo’s we never forget that the customer comes first. Service Champions works according to this principle, “said Timo.
The story goes on
COO of the Service Champions, Frank DiMarco is enthusiastic about the joint growth of the acquisition. “This is an exciting way forward for Service Champions. Timo’s is A + Better Business Bureau rated and committed to excellence. This is a well-run organization with a group of talented people who are focused on solving problems and providing outstanding customers We seek to offer service operationally, while we continuously expand our presence California and across the country, “said DiMarco.
Future opportunities to expand the presence of Service Champions in all US markets are in the foreground for the CFO of Service Champions. Daniel Hamm. “We are very focused on finding the right companies in all 50 states. Our goal is to work with companies that are the leading brands in their respective markets, have extensive experience in delivering high quality, consistent service, and are passionate about it for sharing people and realizing how important it is to get it right every time. With the takeover of Timo’s, we are consolidating our presence, gaining market share and making abundant resources available to the inhabitants of the desert empire, “said Hamm. “We continue to work hard every day to identify future acquisition opportunities and new markets that we are proud to serve.”
About the Service Champions Group
Based in Orange County, California, Service Champions is a leading provider of basic services for everything to do with the house, specializing in heating, air conditioning and plumbing services. With a mission to cultivate long-term relationships with its customers, Service Champions strives to provide timely, high quality services on a full range of HVAC and plumbing products. Service Champions goes to market with several trade names including: Service Champions, Bell Brothers, Moore Home Services, ASI, Adeedo !, ProSkill Services, Sierra Air, Hobaica, HELP and Swan Heating & Air Conditioning. Please visit https://partnerships.servicechampions.com for more information.
About Odyssey Investment Partners
Odyssey Investment Partners with offices in new York and The angel, is a leading private equity investment firm with over 25 years of experience partnering with skilled managers to transform midsize businesses into more efficient and diversified companies with strong growth profiles. Odyssey invests mainly in industries with positive long-term prospects and favorable secular trends. For more information on Odyssey, please visit www.odysseyinvestment.com.
M&A contact: Daniel Hamm, FINANCIAL BOARD
Media contact: Dana Rosenberg
View original content: https://www.prnewswire.com/news-releases/service-champions-group-expands-southern-california-operations-with-acquisition-of-timos-air-condition–heating-301373677.html
SOURCE Service Champions plumbing, heating & air conditioning