Auchinachie Services
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Auchinachie Services - overview
Established
1906
Location
Binghamton, NY, US
Primary Industry
Consumer Services
About
Auchinachie Services, founded in 1906, specializes in plumbing, heating, and air conditioning services, emphasizing customer-centric solutions and prompt responses for both residential and commercial clients. Auchinachie Services operates primarily in Binghamton, US, providing plumbing, heating, and air conditioning services. The company was established in 1906 and underwent a strategic acquisition by Astar Heating & Air, LLC in November 2019. The deal was supported by LBC Credit Partners, although the financial details were not disclosed.
The founder's history is not readily available. Auchinachie Services provides a diverse range of offerings, including plumbing, heating, air conditioning, and the installation of Kinetico water treatment products. They ensure same-day emergency response for clients, catering to the New York and Pennsylvania markets with a focus on home comfort solutions and technical expertise. The revenue structure of Auchinachie Services is based on direct transactions with residential and commercial clients.
They charge service fees for installations, maintenance, and emergency repairs, maintaining transparency in pricing. Their partnerships with Kinetico enhance their offerings in water treatment, supported by over a century of operational experience. Following the acquisition in November 2019, Auchinachie Services aims to leverage this partnership to enhance its product offerings and expand into new regions. Although specific new products or launch dates have not been detailed, the company is expected to utilize the resources and expertise from Astar Heating & Air to penetrate additional markets.
The strategic rationale for growth includes increased service capabilities and broader regional coverage, aiming to better serve customer needs.
Current Investors
Astar Heating & Air, LLC
Primary Industry
Consumer Services
Sub Industries
Consumer Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.auchinachie.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Auchinachie Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Auchinachie Services | - |
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