Magic Electric, Plumbing, Heating & Air
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Magic Electric, Plumbing, Heating & Air - overview
Established
2013
Location
Jerome, ID, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Based in Idaho, US, and founded in 2013, Magic Electric, Plumbing, Heating & Air operates as a heating and air conditioning service provider. The company was founded by Billy Salts. In July 2022, Any Hour Services, a portfolio company of Knox Lane, acquired Magic Electric, Plumbing, Heating & Air. The services offered by the company include electrical services, which include electrical panel repair, installation and upgrade, wiring repair and replacement, and generator services; plumbing services, which include drain cleaning and sewer line repairs; air conditioning services, which include air conditioning repair, air conditioning installation, and evaporator coil services; and heating services, which include heating repair, heating installation, and gas log fireplace.
Following the July 2022 acquisition, the company plans to solidify its presence as the leading home services provider in the fast-growing home services market in Idaho.
Current Investors
Any Hour, LLC
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Home Repair Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.themagicteam.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Magic Electric, Plumbing, Heating & Air - 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 | Magic Electric, Plumbing, Heating & Air | - |
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