24/7 Service Corp.

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24/7 Service Corp. - overview

Location

Las Vegas, NV, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

24/7 Service Corp. specializes in HVAC and plumbing services, ensuring residential comfort through a wide range of installation and repair solutions. The company operates primarily in Nevada and Utah, addressing essential home needs. 24/7 Service Corp.


is a provider of HVAC services, established to enhance residential comfort through effective heating, ventilation, and cooling solutions. The company was acquired by American Residential Services LLC on February 11, 2008, as part of a strategic move to expand HVAC service offerings in the Las Vegas and Phoenix areas. Founded by industry professionals with substantial experience, the company has maintained its focus on quality service delivery and customer satisfaction. The headquarters is located in Las Vegas, Nevada.


The company, known for its HVAC & Plumbing in Nevada and Utah, primarily offers a comprehensive range of heating, ventilation, air conditioning, and plumbing services designed to enhance residential comfort. Their core offerings include air conditioning repair and installation, heating system services, plumbing repairs, and electrical services, all aimed at addressing the critical needs of homeowners facing issues such as temperature regulation and plumbing challenges. The company employs skilled technicians who utilize advanced tools and techniques to ensure efficient system performance, energy savings, and proper safety standards. Their customer base consists primarily of residential homeowners and landlords seeking reliable solutions for their HVAC and plumbing needs.


The services are delivered primarily in the states of Nevada and Utah, with a focus on urban and suburban regions where the demand for efficient heating, cooling, and plumbing solutions is substantial. The company generates revenue through a service-based transaction structure that includes direct-to-consumer offerings for HVAC and plumbing services. Clients typically engage the company for installations, repairs, and maintenance services, with transactions often initiated through service calls or online bookings. Pricing is structured to include various service packages, such as emergency plumbing services, regular HVAC maintenance plans, and installation services for new systems, which are tailored to meet the specific needs of homeowners.


The company’s flagship offerings, including system repairs and energy-efficient installations, are designed to provide long-term savings for users, contributing to repeat business and customer loyalty. By operating in a competitive market, the company leverages its reputation for high-quality service and customer satisfaction to drive sales and establish a recurring revenue stream from maintenance contracts and service agreements. The company aims to expand its service offerings and geographic reach through strategic initiatives. Following the acquisition by American Residential Services LLC, there are plans to enhance service capacity in the Las Vegas and Phoenix markets, leveraging existing infrastructure to better serve customers.


Recent funding from this acquisition will support the development of new HVAC solutions and boost marketing efforts to penetrate new residential areas by 2025. The focus will remain on delivering high-quality services while exploring innovative product offerings aligned with evolving customer needs.


Current Investors

American Residential Services LLC

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Heating, Cooling & Ventilation Equipment and Services

Website

www.chooseyes.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

24/7 Service Corp. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompleted24/7 Service Corp.-

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