Crisafulli Bros. Plumbing & Heating Contractors, Inc.
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Crisafulli Bros. Plumbing & Heating Contractors, Inc. - overview
Established
1939
Location
Albany, NY, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Crisafulli Bros. Plumbing & Heating Contractors, Inc. is a US-based company specializing in plumbing, heating, cooling, and electrical services for residential and commercial clients, focusing on customer satisfaction and quality service delivery. Crisafulli Bros.
Plumbing & Heating Contractors, Inc. provides plumbing, heating, cooling, and electrical solutions. Founded in 1939 in Albany, US, the company has consistently operated with a focus on serving the Capital Region and North Country of New York. In February 2024, the company was acquired by Redwood Services, LLC, enhancing its HVAC services in the region.
The founder's details are not specified. Crisafulli Bros. Plumbing & Heating Contractors, Inc. specializes in a wide range of services, including plumbing solutions like water heater installation, sump pump repairs, and backflow prevention.
Their heating services involve the installation and maintenance of systems such as heat pumps. Additionally, they provide cooling services, notably air conditioning installation and repair, along with electrical services that encompass generator installation and electrical panel upgrades. Serving both residential and commercial clients, the company operates primarily in the Capital Region and North Country of New York, emphasizing customer satisfaction through expert service professionals. Crisafulli Bros.
operates on a revenue model that includes direct service transactions with residential and commercial clients. Revenue is generated through one-time service calls and subscription plans, which offer benefits such as discounted services and priority scheduling. Promotional pricing includes USD 50 off new sump pump installations and USD 500 off whole home generators, designed to increase customer engagement. The company focuses on high-quality service offerings in plumbing repairs, HVAC installations, and electrical upgrades, fostering long-term customer relationships that support recurring revenue through maintenance contracts.
In February 2024, Crisafulli Bros. Plumbing & Heating Contractors, Inc. was acquired by Redwood Services, LLC, enhancing Redwood's HVAC capabilities and presence in New York, US. The acquisition aims to strengthen service offerings and expand market reach, although specific plans for new product launches or geographic expansion have not been detailed.
The financial terms of the acquisition were not disclosed.
Current Investors
Redwood Services, LLC
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Facilities & Maintenance Services, Consumer Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.crisbro.com/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Crisafulli Bros. Plumbing & Heating Contractors, Inc. - 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 | Simons Heating & Cooling, Inc. | - | ||||||||
| Add-on | Completed | Crisafulli Bros. Plumbing & Heating Contractors, Inc. | - |
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