OMERS PE Buys TurnPoint Services
Posted on 01/28/2021
Headquartered in Louisville, Kentucky, TurnPoint Services provides a range of HVAC, plumbing and electrical services. TurnPoint Services was established in 2016 with Trivest Partners’ investment in Dauenhauer Heating & Air. Since the initial investment, TurnPoint has completed 16 add-on acquisitions, increased its revenue by nearly 10x, and grown its employee base from 160 to nearly 2,000. The Company currently operates in thirteen states throughout the Southeast and Midwest regions, and is nationally recognized as a Top-10 HVAC and plumbing services business.
OMERS Private Equity signed a deal to acquire TurnPoint Services from Trivest Partners. Trivest Partners is a private investment firm that focuses on partnering with founder/family owned businesses in the United States and Canada.
BlackArch Partners LLC was retained by Trivest Partners to serve as its exclusive financial advisor.
Keywords: Ontario Municipal Employees Retirement System.