RLJ Equity Partners and LP First Capital Exit Flow Service Partners
RLJ Equity Partners and LP First Capital Exit Flow Service Partners
"Since our initial investment in 2021, Flow has more than tripled its revenue through attractive organic growth and several strategic acquisitions," stated BETHESDA, Md., Nov. 21, 2024 /PRNewswire/ -- RLJ Equity Partners, an affiliate of The RLJ Companies, and LP First Capital announce the sale of portfolio company Flow Service Partners ("Flow"), a leading provider of commercial heating, ventilation, air conditioning, and refrigeration ("HVACR") and plumbing services in the Midwest, Southeast, and Mid-Atlantic U.S. Financial terms of the transaction were not disclosed.
马里兰州贝塞斯达，2024年11月21日/美通社/ -- RLJ Equity Partners，The RLJ Companies的附属公司，以及LP第一创业宣布出售投资组合公司Flow Service Partners（"Flow"），该公司是中西部、东南部和中大西洋地区美国领先的商业暖通空调、制冷（"HVACR"）和管道服务提供商。交易的财务条款未披露。
"It has been a privilege to lead Flow through a period of transformative growth, partnering closely with the teams at our operating companies to build on their market-leading positions," said Daniel Youman, President & CEO of Flow. "We are excited about the next chapter for Flow and remain steadfast in our commitment to drive unparalleled value for our customers and stakeholders," stated Youman.
"领导Flow经历了一个转型增长期是一种特权，与我们运营公司的团队密切合作，巩固了他们在市场上领先地位，"Flow的总裁兼首席执行官丹尼尔·尤曼（Daniel Youman）表示。"我们对Flow的下一章感到兴奋，并坚定致力于为我们的客户和利益相关者创造无与伦比的价值，"尤曼表示。
"Flow Service Partners was purpose-built through six acquisitions to create a trusted leading provider of commercial HVACR and plumbing services to blue-chip customers across key growth markets," said Nigel Howard, Partner at RLJ Equity Partners. "We are proud to have supported Flow's strong growth trajectory since 2021," remarked Howard.
"通过六项收购，Flow Service Partners是专门打造的，旨在成为商业暖通空调、制冷服务和管道服务领先且值得信赖的提供商，面向关键增长市场的领先客户，"RLJ Equity Partners合伙人奈杰尔·霍华德（Nigel Howard）表示。"自2021年以来，我们自豪地支持了Flow在强劲增长轨道上的发展，"霍华德评论道。
"Since our initial investment in 2021, Flow has more than tripled its revenue through attractive organic growth and several strategic acquisitions," stated Thomas Ince, Managing Partner at LP First Capital. "Given Flow's established industry leadership and unique capabilities, we are excited for the company's continued growth and success," said Ince.
"自2021年初投资以来，Flow通过吸引人的有机增长和几次战略收购，将营业收入增长超过两倍，"LP第一创业董事总经理托马斯·英斯（Thomas Ince）表示。"鉴于Flow在行业中的领先地位和独特优势，我们为公司持续增长和成功而感到兴奋，"英斯说。
Houlihan Lokey served as the exclusive financial advisor to Flow. Alvarez & Marsal provided transaction advisory services and DLA Piper LLP acted as legal counsel.
华利安担任Flow的独家财务顾问。阿尔瓦雷斯与马尔萨尔提供交易咨询服务，DLA Piper LLP担任法律顾问。
About Flow Service Partners: Headquartered in Nashville, TN, is a leading provider of heating, ventilation, air conditioning, and refrigeration and plumbing services, including maintenance, repair, replacement/retrofit, and installation services. Through its partners, Flow currently operates in Delaware, Florida, Indiana, Kentucky, Maryland, and Pennsylvania and has over 400 employees. For more information, please visit .
关于Flow Service Partners：总部位于田纳西州纳什维尔，是一家领先的供暖、通风、空调、制冷和管道服务提供商，包括维护、维修、更换/改造和安装服务。通过其合作伙伴，Flow目前在特拉华州、佛罗里达州、印第安纳州、肯塔基州、马里兰州和宾夕法尼亚州运营，并拥有400多名员工。欲了解更多信息，请访问。
About RLJ Equity Partners ("RLJ"): Headquartered in Bethesda, MD, RLJ Equity Partners is a middle-market private equity firm with approximately $440 million in total capital under management focused on generating long-term capital appreciation by investing in profitable and growing businesses led by strong management teams. Founded in 2006 by Robert L. Johnson, RLJ originates and invests in traditional buyouts and leveraged recapitalizations. RLJ Equity Partners is a portfolio company of The RLJ Companies. For more information, please visit .
关于RLJ Equity Partners（"RLJ"）：总部位于马里兰州贝塞斯达，RLJ Equity Partners是一家中市场股权投资公司，管理的总资本约为$44000万，专注于通过投资于由强大管理团队领导的盈利增长业务，实现长期资本增值。RLJ成立于2006年，创始人是Robert L. Johnson，RLJ发起并投资于传统的公司收购和杠杆重组交易。RLJ Equity Partners是The RLJ Companies的投资组合公司。欲了解更多信息，请访问。
About LP First Capital: LP First Capital is a private investment firm with experience creating super-regional and national platforms by leveraging its expertise in mergers & acquisitions, profit center integration, and team building to drive performance. Headquartered in Austin, TX, LP First Capital maintains an active presence in much of the Southwest, Southeast, and Midwest markets as it continues to take interest in building best-in-class businesses within traditionally fragmented industries. For more information, please visit .
关于LP First Capital：LP First Capital是一家具有创建超区域和全国平台经验的私人投资公司，通过利用其在并购、利润中心整合和团队建设方面的专业知识来推动业绩。总部位于得克萨斯州奥斯汀，LP First Capital在西南部、东南部和中西部市场保持持续活跃，继续对传统上分散的行业中建立最佳业务感兴趣。欲了解更多信息，请访问。
About The RLJ Companies: Founded by Robert L. Johnson and headquartered in Bethesda, MD, The RLJ Companies is an innovative business network that provides strategic investments to a diverse portfolio of companies in the media and entertainment, financial services, real estate, hospitality, and gaming industries. Prior to founding The RLJ Companies, Johnson founded Black Entertainment Television. For more information, please visit: .
关于The RLJ Companies：由Robert L. Johnson创立，总部位于马里兰州贝塞斯达，The RLJ Companies是一个创新的商业网络，为媒体和娱乐、金融服务、房地产、酒店和游戏行业的多样化公司组合提供战略投资。在创立The RLJ Companies之前，Johnson创建了黑人娱乐电视台。欲了解更多信息，请访问。
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获取更多信息：
RLJ EQUITY PARTNERS
Nigel Howard, Partner, (240) 744-7835, [email protected]
RLJ股权投资
Nigel Howard, 合伙人, (240) 744-7835, [email protected]
SOURCE RLJ Equity Partners, LLC
消息来源：RLJ Equity Partners, LLC
