LOUISVILLE, Ky.--(BUSINESS WIRE)--TurnPoint Services Group (“TurnPoint”) today announced it has acquired Meetze Plumbing Co., Inc. (“Meetze”) in Columbia, South Carolina. With a family legacy that extends over thirty years, Meetze is a leading provider of essential home services in the attractive Columbia metropolitan area and focuses exclusively on maintenance, repair and replacement services for residential and commercial customers. The company’s large technical staff and service fleet enable Meetze to provide responsive and high-quality plumbing and sewer services to its customers.
"We are thrilled to welcome the Meetze team into the TurnPoint family," said TurnPoint CEO Kurt Bratton. “Kevin and his leadership team have built an exceptional company with a leading local market position, highly positive customer reviews and ratings, and rapid growth over the past few years. Meetze will be a great addition to the TurnPoint family of brands.”
Mr. Bratton added, “We are also excited about expanding our presence in the Carolinas. Meetze builds on our recent acquisition of Corley in Greenville and provides TurnPoint with greater size and scale as we expand our presence in this attractive region.”
Company founder Kevin Meetze will continue to lead Meetze’s operations under the Meetze brand. Mr. Meetze commented, “I couldn’t be happier about our new partnership with TurnPoint. My team and I have built Meetze to be a leading home services provider in our market and look forward to leveraging TurnPoint’s corporate team to take Meetze’s brand and service offering to the next level. TurnPoint is aligned with our values and goals, and I am confident that, together, we will accelerate Meetze’s growth, provide a bright future for our associates, and delight customers across the state.”
David Yezbak of Sunbelt Business Brokers in Columbia served as Meetze’s exclusive financial advisor in the transaction.
Terms of the transaction were not disclosed.
With a heritage that dates back to 1958, TurnPoint has consistently achieved strong growth to become one of the largest essential services businesses in the United States. The company’s strategy is to add leading service brands in attractive local markets and enhance their organic growth potential with world class corporate support resources. TurnPoint now provides plumbing, heating, ventilation and air conditioning, and electrical maintenance and repair services in Florida, Indiana, Kentucky, Oklahoma, South Carolina, and Texas. For more information, please visit www.turnpointservices.com.