Wrench Group LLC
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Wrench Group LLC - overview
Established
2016
Location
Marietta, GA, US
Primary Industry
Consumer Services
About
Wrench Group LLC, based in the US, provides a wide range of essential home services through a certified partner network, ensuring quality and operational efficiency for homeowners and property managers. Founded in 2016 and headquartered in Marietta, US, Wrench Group LLC specializes in home service solutions. The company has transitioned towards a more technology-driven approach to improve service delivery. In November 2022, it received funding from TSG Consumer Partners and Oak Hill Partners, though the financial terms were not disclosed.
The founder's background is not specified. Wrench Group has completed 4 deals since its inception, with the most recent on November 9, 2022. Wrench Group specializes in providing a comprehensive range of home services through a network of certified partner companies. The core offerings include plumbing, electrical, HVAC (heating, ventilation, and air conditioning), and appliance repair services.
Each service aims to meet the diverse needs of homeowners across various regions by ensuring high-quality service delivery and customer satisfaction. The company focuses on operational excellence facilitated by data-driven insights, allowing stakeholders to enhance decision-making processes and optimize service efficiency. Wrench Group serves a broad client base including residential homeowners and property management companies, primarily across major metropolitan areas in the United States such as Atlanta, Los Angeles, Denver, and Houston. This expansive geographical reach allows Wrench Group to cater to a vast array of customer needs while maintaining consistent service standards through its certified network.
Wrench Group generates revenue through a structured network of partnerships with local service providers, who are required to meet specific quality standards to become certified members of the Wrench Group. Revenue transactions typically occur on a service fee basis, where end users pay for the home services rendered, which may include routine maintenance, emergency repairs, or installation of new systems. The organizational structure supports both business-to-business and direct-to-consumer transactions, allowing for flexibility in service provision. Pricing plans are tailored according to service complexity and customer requirements, ensuring competitive and transparent pricing.
By leveraging a combination of flagship services across its partner network, Wrench Group establishes a consistent revenue stream while reinforcing its commitment to high-quality home service delivery. Wrench Group aims to leverage its recent investment from TSG Consumer Partners and Oak Hill Partners to advance its digital transformation and accelerate its technology-enabled growth. This funding will support a disciplined M&A strategy, enhancing their service offerings. The company is also exploring expansion into new geographic markets to broaden its service reach, although specific regions and product timelines have not been disclosed.
Current Investors
TSG Consumer Partners, Oak Hill Capital, Leonard Green & Partners
Primary Industry
Consumer Services
Sub Industries
Facilities & Maintenance Services, Home Repair Services, Heating, Cooling & Ventilation Equipment and Services
Website
www.wrenchgroup.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Wrench Group LLC - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Wrench Group LLC | - | ||||||||
| Add-on | Completed | Superior Service | - | ||||||||
| Add-on | Completed | NexGen HVAC & Plumbing | - | ||||||||
| Add-on | Completed | Maine Home Services, Inc. | - | ||||||||
| Add-on | Completed | Buckeye Heating and Cooling Services, Inc. | - |
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Wrench Group LLC - employee data


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