Burton Plumbing Services Completes Third Add-on Acquisition in 2021
The Partners of ShoreView are pleased to announce that Burton Plumbing Services, LLC (“Burton”), a ShoreView portfolio company, has acquired Holland Heating & Air Conditioning, Inc. and Mr. Holland’s Electric, Inc. (collectively “Mr. Holland’s”). The acquisition represents the third add-on completed in 2021 for Burton.
Mr. Holland’s is a provider of residential HVAC, electrical, and duct cleaning services to the Milwaukee, WI, metro area.
Headquartered in Omaha, Nebraska, Burton is a provider of HVAC and plumbing services to residential and commercial customers. The Mr. Holland’s acquisition expands Burton’s geographic reach and adds meaningful scale to Burton’s field technician staff and service vehicle fleet. Burton’s service area includes Colorado, Nebraska, Iowa, and Wisconsin. For more information on Burton visit its website at www.justcallburton.com.
ShoreView and Burton continue to look for additional add-on opportunities. Attractive candidates will generally be residential HVAC or plumbing focused, have at least $2 million of revenue, and be located within the geography of the Central or Mountain time zones.
Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds. ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products. Shoreview structures a variety of acquisition, recapitalization and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.