JW Plumbing, Heating and Air, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

JW Plumbing, Heating and Air, Inc. - overview

Established

2006

Location

Los Angeles, CA, US

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

About

JW Plumbing, Heating and Air, Inc. provides high-quality plumbing, heating, and cooling services to both residential and commercial clients, ensuring optimal home comfort and efficiency in Los Angeles and surrounding areas. Founded in 2006 in Los Angeles, US, JW Plumbing, Heating and Air, Inc. specializes in plumbing and HVAC services.


The company was acquired by Service Champions, Inc. , a portfolio company of CenterOak Partners, in November 2020, although financial details of the transaction were not disclosed. JW Heating & Air specializes in comprehensive plumbing, heating, and cooling services tailored to residential and commercial clients in the Greater Los Angeles area, including the San Fernando Valley and San Gabriel Valley. The company offers a wide array of core product offerings, including air conditioning and heating system installations, repairs, and maintenance, as well as plumbing solutions such as leak detection, water heater services, and pipe repairs.


Their services are designed to enhance home comfort and efficiency, addressing common issues like system breakdowns, inefficient temperature control, and plumbing malfunctions. The company serves a diverse clientele, including homeowners, property management firms, and commercial establishments, focusing on delivering reliable and efficient solutions. JW Heating & Air has established a presence in various markets beyond its local region, extending its services to neighboring counties and municipalities, ensuring a broad customer base that relies on their expertise. JW Heating & Air generates revenue through a combination of service fees for installations, repairs, and maintenance, structured primarily on a direct-to-consumer basis.


The company engages clients through individual service transactions, which may include scheduled maintenance plans or one-time repairs, depending on customer needs. For instance, customers may opt for a routine A/C maintenance service designed to prevent costly breakdowns, while others may require emergency plumbing repairs. Pricing for services is competitive and varies based on the specific service requested and the complexity of the job. The company's revenue model is bolstered by seasonal promotions and limited-time offers, enhancing customer retention and encouraging repeat business.


The wide range of services, including flagship offerings like smart thermostat installations and tankless water heater services, enables JW Heating & Air to cater to varied customer preferences and needs. In the future, JW Plumbing, Heating and Air plans to enhance its service offerings and expand into additional markets. The company aims to introduce new product lines, particularly in smart home technology, with an anticipated launch date in 2021. The recent acquisition by Service Champions, Inc.


is expected to bolster JW's capabilities, allowing for greater resource allocation towards these growth initiatives. Specific markets targeted for expansion include Orange County and Ventura County, with plans to establish a local presence by the end of 2022.


Current Investors

Champions Group Holdings

Primary Industry

Heating, Cooling & Ventilation Equipment and Services

Sub Industries

Home Repair Services, Consumer Finance, Heating, Cooling & Ventilation Equipment and Services

Website

www.jwheatingandair.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

JW Plumbing, Heating and Air, Inc. - 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-onCompletedJW Plumbing, Heating and Air, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.