![]() ![]() HOUSTON, TX, Febru/24-7PressRelease/ - ABACUS Plumbing, Air Conditioning and Electrical has earned the home service industry's coveted Angie's List Super Service Award for the fifth time, including 2010, 2011, 2012, 2015 and now 2016. I'm exceptionally proud of our team of dedicated employees who put the customer first in all they do. The firm strives to help business owners to create and capture value.Alan O'Neill,CEO Abacus,Earning the Super Service Award for the fifth time is a great achievement. The firm’s $281 million of assets under management are used to provide liquidity to owners and fuel business expansion.īased in Seattle, Skylight Capital is a small-cap private equity firm focused on investing in or acquiring small, privately-held companies in the Western and Central U.S. ![]() Roy Graham and Eduardo Berdegué of CFA advised in the transaction.īased in San Francisco, Alpine Investors is a middle-market private equity firm that invests in growing companies in technology, businesses and consumer services. On FebruBerkey’s investors, Alpine Investors and Skylight Capital recapitalized Abacus Plumbing in a private transaction. “This is truly a case where the company resulting from this merger is greater than the sum of its parts” said Eduardo Berdegué, CFA San Antonio investment banker, who along with Roy Graham provided advisory services in the transaction. ![]() I could not be happier to have them as partners.” Abacus Founder and CEO, Alan O’Neill, added, “Collin, Alpine, and Berkeys founder, Bill Stevens, represent everything I’d want in partners: they are honest, have a long-term focus, and bring forth years of experience in growing small businesses, which will be critical to Abacus as we enter the next phase of growth. The founders of both companies will continue to run their respective businesses. We are very excited to be working with the Abacus and Berkeys teams.” Established in 1975, the Company focuses on delivering an unmatched quality of service and continuously seeks ways to offer value to its loyal customers.īoth Berkeys and Abacus have experienced rapid growth over each of the last five years and the partnership will lead to additional expansion and growth opportunities for both businesses.Ĭollin Hathaway of Skylight stated, “After meeting with and evaluating hundreds of plumbing and HVAC service businesses, it is apparent that Abacus and Berkeys are far and away two of the best managed and best positioned regionally-focused home service businesses in the country. Berkeys is a leading provider of plumbing and HVAC services to homeowners in the Dallas/Ft. ![]() Founded in 2003, Abacus established a solid reputation for superior customer service and expert workmanship. Recapitalization financing was provided by Berkey’s investors, Alpine Investors and Skylight Capital.Ībacus Plumbing is a leading provider of residential plumbing and sewer services in Houston, Texas. Corporate Finance Associates (CFA), an international middle-market investment banking services firm providing merger and acquisition, business valuation, capital resources, and financial advisory services, announced it advised in the management recapitalization of Abacus Plumbing by Berkey’s Plumbing and Air Conditioning of Southlake, Texas. ![]()
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