Transaction Summary
Intrepid's Role:
Intrepid served as the exclusive financial advisor to Service Champions, guiding the company through a comprehensive sale process. Leveraging deep industry expertise and a robust network of potential partners, Intrepid effectively positioned Service Champions to attract the ideal acquirer.
Outcome:
Service Champions was acquired by Wrench Group, LLC, a national leader in home repair, replacement, and maintenance services. This acquisition marked Wrench Group’s first entry into the California market, providing a platform for further expansion on the West Coast.
Why It Matters:
This transaction underscores Intrepid’s proficiency in advising founder-led businesses within the home services sector. By facilitating a partnership that aligns with the culture and growth objectives of Service Champions, Intrepid ensured the company’s continued success and expansion under new ownership.
Overview
Founded in 2002 in Pleasanton, California, Service Champions rapidly grew into the premier provider of residential heating and air conditioning services in the San Francisco East Bay and Sacramento regions. With a reputation for exceptional customer service and a strong company culture, the founder sought a strategic partner to support the company’s continued growth and expansion.
I cannot thank Intrepid enough for guiding us through this process—from start to finish, they were true champions and a natural extension of our team.
Kevin ComerfordCEO, Service ChampionsTransaction Summary
Intrepid's Role:
Intrepid served as the exclusive financial advisor to Service Champions, guiding the company through a comprehensive sale process. Leveraging deep industry expertise and a robust network of potential partners, Intrepid effectively positioned Service Champions to attract the ideal acquirer.
Outcome:
Service Champions was acquired by Wrench Group, LLC, a national leader in home repair, replacement, and maintenance services. This acquisition marked Wrench Group’s first entry into the California market, providing a platform for further expansion on the West Coast.
Why It Matters:
This transaction underscores Intrepid’s proficiency in advising founder-led businesses within the home services sector. By facilitating a partnership that aligns with the culture and growth objectives of Service Champions, Intrepid ensured the company’s continued success and expansion under new ownership.
I cannot thank Intrepid enough for guiding us through this process—from start to finish, they were true champions and a natural extension of our team.
Kevin ComerfordCEO, Service Champions- Jeremiah Mann Managing Director Head of Industrials & Business Services
- Kyle Berkman Director