BREA, Calif., November 22, 2022 /PRNewswire/ — Service Champions Group, a leading provider of plumbing, heating and air conditioning service platforms, today announced that it has reached an agreement to acquire Service Wizard Heating & Air Conditioning, an established provider of air conditioning, heating and air quality services Austin, TX. Service Wizard is a respected and revered second generation family business with brothers Charles and John Osgood at the bar. This acquisition marks Service Champions’ first step into the Texas market in one of the fastest growing cities in the country. Service Champions is a portfolio company of Odyssey Investment Partners.
Frank DiMarco, the CEO of Service Champions is focused on acquiring businesses that fit Service Champions’ culture, business model and operating philosophy. “At Service Champions, we continue to focus on new business opportunities. We challenge ourselves to explore opportunities that bring value to our existing portfolio and customer base. The acquisition of Service Wizard will be a significant accelerator for the business as we look to future growth with businesses that align with the foundation of service champions. Our customers are at the forefront of everything we do. Charles and John Osgood have been in the Austin air conditioning industry for over 40 years. They learned the value and reward of a happy customer as young men working in their family business, Osgood Heating and Air Conditioning. They know Austin, they know their customers and constantly strive to provide excellent value and high quality service. We are thrilled to welcome them to the Service Champions family as we continue to grow our national footprint,” said DiMarco.
Founder of Service Assistant, Charles Osgood, echoes DiMarco’s point of view. “Our customers mean the world to us. That’s why our team adheres to the highest standards of behavior and service. We know it’s part of Service Champions’ DNA. Integrity is at the heart of their Joining the Service Champions family allows us to provide a higher level of service to our community while remaining true to our values.” said Osgood.
“We believe in focusing on the comfort of our community. Our customers can rely on our team to provide industry-leading reliable repair, installation and maintenance services. When you need Service Wizard , we always show up. We show up on time and equipped to get the job done,” added John Osgood. “It is our great privilege to join this exceptional organization.”
The acquisition of Service Wizard continues Service Champions’ commitment to expanding its service area across United States and consolidates its position as a leader in home services recognized throughout the country.
About the Service Champions Group
Situated at Orange County, California, Service Champions is a leading provider of essential home services, specializing in heating, air conditioning and plumbing services. With a mission to maintain long-term relationships with its customers, Service Champions is dedicated to providing prompt, high-quality services across a full suite of HVAC and plumbing products. Service Champions enters the market with several trade names, including Adeedo!, ASI, Bell BrothersHELP, Hobaica, Howard Air, Jet, JW Plumbing Heating and Air, Moore Home Services, ProSkill Services, Scottsdale Air, Service Champions, Sierra Air, Swan Heating & Air Conditioning and Timo’s Air Conditioning & Heating. For more information, please visit https://partnerships.servicechampions.com.
About Odyssey Investment Partners
Odyssey Investment Partners, with offices in New York and Los Angeles, is a leading private equity investment firm with over 25 years of experience partnering with skilled managers to transform middle-market companies into more efficient and diversified businesses with strong growth profiles. Odyssey makes majority controlled investments in industries with positive long-term prospects and favorable secular trends. For more information about Odyssey, please visit www.odysseyinvestment.com.
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SOURCE Service Champions plumbing, heating and air conditioning