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.
馬里蘭州貝塞斯達，2024年11月21日/美通社/ -- RLJ Equity Partners，The RLJ Companies的附屬公司，以及LP第一創業宣佈出售投資組合公司Flow Service Partners（"Flow"），該公司是中西部、東南部和中大西洋地區美國領先的商業暖通空調、製冷（"HVACR"）和管道服務提供商。交易的財務條款未披露。
"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.
"領導Flow經歷了一個轉型增長期是一種特權，與我們運營公司的團隊密切合作，鞏固了他們在市場上領先地位，"Flow的總裁兼首席執行官丹尼爾·尤曼（Daniel Youman）表示。"我們對Flow的下一章感到興奮，並堅定致力於爲我們的客戶和利益相關者創造無與倫比的價值，"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.
"通過六項收購，Flow Service Partners是專門打造的，旨在成爲商業暖通空調、製冷服務和管道服務領先且值得信賴的提供商，面向關鍵增長市場的領先客戶，"RLJ Equity Partners合夥人奈傑爾·霍華德（Nigel Howard）表示。"自2021年以來，我們自豪地支持了Flow在強勁增長軌道上的發展，"霍華德評論道。
"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年初投資以來，Flow通過吸引人的有機增長和幾次戰略收購，將營業收入增長超過兩倍，"LP第一創業董事總經理托馬斯·英斯（Thomas Ince）表示。"鑑於Flow在行業中的領先地位和獨特優勢，我們爲公司持續增長和成功而感到興奮，"英斯說。
Houlihan Lokey served as the exclusive financial advisor to Flow. Alvarez & Marsal provided transaction advisory services and DLA Piper LLP acted as legal counsel.
華利安擔任Flow的獨家財務顧問。阿爾瓦雷斯與馬爾薩爾提供交易諮詢服務，DLA Piper LLP擔任法律顧問。
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 .
關於Flow Service Partners：總部位於田納西州納什維爾，是一家領先的供暖、通風、空調、製冷和管道服務提供商，包括維護、維修、更換/改造和安裝服務。通過其合作伙伴，Flow目前在特拉華州、佛羅里達州、印第安納州、肯塔基州、馬里蘭州和賓夕法尼亞州運營，並擁有400多名員工。欲了解更多信息，請訪問。
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 .
關於RLJ Equity Partners（"RLJ"）：總部位於馬里蘭州貝塞斯達，RLJ Equity Partners是一家中市場股權投資公司，管理的總資本約爲$44000萬，專注於通過投資於由強大管理團隊領導的盈利增長業務，實現長期資本增值。RLJ成立於2006年，創始人是Robert L. Johnson，RLJ發起並投資於傳統的公司收購和槓桿重組交易。RLJ Equity Partners是The RLJ Companies的投資組合公司。欲了解更多信息，請訪問。
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 .
關於LP First Capital：LP First Capital是一傢俱有創建超區域和全國平台經驗的私人投資公司，通過利用其在併購、利潤中心整合和團隊建設方面的專業知識來推動業績。總部位於得克薩斯州奧斯汀，LP First Capital在西南部、東南部和中西部市場保持持續活躍，繼續對傳統上分散的行業中建立最佳業務感興趣。欲了解更多信息，請訪問。
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: .
關於The RLJ Companies：由Robert L. Johnson創立，總部位於馬里蘭州貝塞斯達，The RLJ Companies是一個創新的商業網絡，爲媒體和娛樂、金融服務、房地產、酒店和遊戲行業的多樣化公司組合提供戰略投資。在創立The RLJ Companies之前，Johnson創建了黑人娛樂電視臺。欲了解更多信息，請訪問。
FOR MORE INFORMATION:
獲取更多信息：
RLJ EQUITY PARTNERS
Nigel Howard, Partner, (240) 744-7835, [email protected]
RLJ股權投資
Nigel Howard, 合夥人, (240) 744-7835, [email protected]
SOURCE RLJ Equity Partners, LLC
消息來源：RLJ Equity Partners, LLC
