Plumbing and Heating Paramedics
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Plumbing and Heating Paramedics - overview
Established
2011
Location
Indianapolis, IN, US
Primary Industry
Consumer Services
About
Plumbing and Heating Paramedics specializes in HVAC services, offering comprehensive solutions for plumbing, heating, and cooling needs, ensuring optimal comfort for residential customers across various locations. Established in 2011, Plumbing and Heating Paramedics operates primarily in Indianapolis, US, providing essential plumbing and HVAC services. The company has been acquired by Threshold Brands, The Riverside Company, in June 2021 for an undisclosed sum, marking a strategic expansion in their operational capabilities. Plumbing Heating Paramedics offers a comprehensive range of services primarily focused on plumbing, heating, and cooling solutions, designed to address the varied needs of residential customers.
The company specializes in plumbing services, including residential drains and sewers, sump pump installations, and kitchen and bathroom plumbing solutions. In addition to plumbing, they provide heating services such as furnace installations, heating repairs, and energy-efficient heating solutions like ductless heating and heat pumps. For cooling needs, the firm offers air conditioning installation and repair, as well as energy savings programs to enhance home comfort. These services cater to individual homeowners and property managers across various geographical markets, including Indianapolis, Valparaiso, Charlotte, Huntington Beach, Greenville, and Ozark, among others.
Plumbing Heating Paramedics generates revenue through direct-to-consumer transactions, focusing on service calls related to plumbing, heating, and air conditioning. Customers typically engage the firm for immediate service needs or ongoing maintenance agreements, which may include options such as energy savings home comfort service agreements. Pricing structures are based on a straightforward service fee model, with promotional discounts available, such as up to USD 200 off plumbing and HVAC services. By employing an upfront pricing strategy, the company ensures transparency in its transactions, allowing customers to know the costs before services are rendered.
This model supports customer satisfaction and fosters long-term relationships with homeowners and property managers seeking reliable service providers. Following the acquisition in June 2021, Plumbing and Heating Paramedics aims to expand its service offerings by introducing new energy-efficient products and enhancing its service capabilities in existing markets. The firm is focusing on expanding its reach into new geographical markets in the US with plans to establish operations in additional cities by 2023. The funding from the acquisition will be utilized to support these growth initiatives, as well as to increase marketing efforts and improve operational efficiency.
Current Investors
Threshold Brands
Primary Industry
Consumer Services
Sub Industries
Home Repair Services, Electrical, Plumbing & Hardware Distributors
Website
http://www.phparamedics.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Plumbing and Heating Paramedics - 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 | Plumbing and Heating Paramedics | - |
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