The Wrench Group Acquires CoolToday in Tampa, Florida
The Wrench Group, leading provider of home services, acquires CoolToday, expanding presence in key Florida markets
Atlanta, GA March 1, 2019 — The Wrench Group (“Wrench”), a national leader in home repair and maintenance services specializing in heating, air conditioning, plumbing and electrical, announced today the acquisition of N&M Cooling and Heating, Inc. – a heritage home services brand in the Sarasota and Tampa markets. The move represents the fourth strategic acquisition for Wrench, accelerating growth and expansion into Florida.
“We believe the Sarasota/Tampa metro area represents an excellent opportunity to expand Wrench,” said Ken Haines, CEO of Wrench. “The market is experiencing explosive growth and the acquisition of another thriving brand that shares the same commitment to its customers and team members supports and strengthens our overall portfolio of well-established, well-branded and professionally managed organizations.”
Jaime DiDomenico, whose leadership has helped grow CoolToday since 2004, will continue to lead the organization as President. The acquisition will benefit the combined company’s customers and employees alike by delivering consistently high levels of quality and service of a national platform while maintaining the local knowledge and relationships that contribute towards their success.
“The CoolToday team is thrilled to be joining The Wrench Group, an organization which shares our vision and commitment to our customers and employees. This partnership will allow us to accelerate our growth both organically and with additional acquisitions in these great markets.” said Jaime DiDomenico, President of CoolToday.
About The Wrench Group
The Wrench Group is a national leader in home repair and maintenance services specializing in heating, ventilation and air conditioning, plumbing and electrical services. The Company collectively serves over 350,000 customers in the Atlanta, Dallas, Denver, Houston, Phoenix, Sarasota and Tampa metropolitan areas. The regions have each developed strong reputations with brands that date back to the 1940s. For more information, please visit: www.wrenchgroup.com
SOURCE: The Wrench Group, LLC