Collins Comfort Masters

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Collins Comfort Masters - overview

Established

1984

Location

-, AZ, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

Collins Comfort Masters offers essential HVAC and plumbing services tailored for both residential and commercial clients, ensuring optimal comfort in indoor environments. Collins Comfort Masters, founded in 1984, specializes in HVAC and plumbing solutions. The company has not undergone significant strategic changes and operates independently, with headquarters located in Casa Grande, Arizona. The current CEO and founder information is not available.


In October 2020, the company was acquired by Wrench Group LLC, a portfolio company of Leonard Green & Partners, but financial terms were not disclosed. Collins Comfort Masters specializes in providing comprehensive HVAC (heating, ventilation, and air conditioning) and plumbing services essential for maintaining optimal comfort in residential and commercial spaces. The company's core offerings include air conditioning installation, repair, and maintenance, as well as heating system services and plumbing solutions such as installation and repair of water heaters and water treatment systems. Established in 1985, Collins Comfort Masters has built a reputation for quality workmanship and ethical practices, serving clients across various communities in Arizona, including Casa Grande, Chandler, Gilbert, Glendale, Goodyear, Mesa, San Tan Valley, and Scottsdale.


The services cater to a diverse client base, including homeowners and business owners, focused on enhancing indoor comfort and ensuring efficient operation of essential systems. Collins Comfort Masters generates its revenue primarily through direct-to-consumer transactions, offering a range of services that are priced based on the specific needs of customers. The company operates on a service-fee structure, where customers engage their services for both routine maintenance and emergency repairs of HVAC and plumbing systems. Additionally, special promotions, such as the AC Buyback Special, incentivize customers to upgrade their systems, further contributing to revenue streams.


The firm maintains a focus on client satisfaction by providing tailored solutions, which include customizable maintenance plans designed to prolong the lifespan of HVAC and plumbing systems. Through these offerings, Collins Comfort Masters ensures steady revenue generation while addressing the critical comfort needs of its clientele. Looking forward, Collins Comfort Masters plans to innovate its service offerings, with potential new product designs and launches focused on smart HVAC systems anticipated within the next two years. The company aims to expand its reach beyond Arizona, targeting markets in neighboring states such as New Mexico and Nevada by 2025.


The acquisition by Wrench Group LLC in October 2020 provides strategic support for these growth initiatives.


Current Investors

Wrench Group LLC

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Facilities & Maintenance Services, Heating, Cooling & Ventilation Equipment and Services

Website

www.collinscomfort.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Collins Comfort Masters - 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-onCompletedCollins Comfort Masters-

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