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Wrench Group Acquires Superior Service Of St. Augustine, Florida

Aug 02, 2022•over 3 years ago

Acquiring Company

Wrench Group

Acquired Company

St. Augustine

IndianapolisCommercialBuilding Maintenance

Description

Wrench Group, LLC (“Wrench”), a national leader in home services, announced it has acquired Superior Service (“Superior’) a top provider of air conditioning and plumbing service in St. Augustine, Fla.

Company Information

Company

Wrench Group

Location

Indianapolis, Indiana, United States

About

MAX Service Group operates five leading heating, cooling and plumbing companies that serve the Midwestern portion of the United States. With industry-leading brands including Williams Comfort Air and Mr. Plumber in central Indiana, Thomas & Galbraith Heating, Cooling & Plumbing in Cincinnati and southwestern Ohio, Buckeye Heating, Cooling & Plumbing in greater Columbus, Ohio and Jarboe’s Heating, Cooling & Plumbing in greater Louisville, Kentucky, MAX Service Group provides home services for hundreds of thousands of customers each year. Owned by Wrench Group, a national leader in home repair, replacement and maintenance services, MAX Service Group is headquartered in Indianapolis, Indiana.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed