LOUISVILLE, Ky.--(BUSINESS WIRE)--TurnPoint Services Group (“TurnPoint”) today announced it has acquired Cool Air Mechanical, LLC (“Cool Air”) in Marietta, Georgia. Founded in 2009, Cool Air has grown rapidly and become one of the premier heating, ventilation and air conditioning (“HVAC”) installation and maintenance companies serving the Big Box sales channel. Cool Air markets its HVAC installation and maintenance services directly to customers primarily through Costco warehouses and Home Depot stores in the Atlanta metropolitan area.
Company founder Jake Mazhar will continue to lead Cool Air’s operations under the Cool Air brand and will play a pivotal role in TurnPoint’s national account strategy. Mr. Mazhar commented, “We are thrilled to partner with TurnPoint and have been impressed by their collaborative approach and the sophisticated resources they bring to the table. We are confident we will form a potent team.”
"We are excited to welcome Cool Air into the TurnPoint family," said TurnPoint CEO Kurt Bratton. “Jake and his leadership team have built a highly successful sales model and strong relationships with national Big Box retailers based on consistently exceptional performance. Cool Air brings an important sales channel and proven capability that can be leveraged across TurnPoint’s expanding platform.”
Mr. Bratton added, “We are also excited about entering the Atlanta market with a leading local brand partner. Atlanta’s population and growth characteristics provide significant opportunity, and we look forward to partnering with the Cool Air team to expand their service capabilities in this growing area.”
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, Georgia, Indiana, Kentucky, Oklahoma, South Carolina, and Texas. For more information, please visit www.turnpointservices.com.