The Wrench Group Acquires Florida Cool in Naples, Florida
The Wrench Group, a leading provider of home services, acquires Florida Cool Inc. located in Naples, Florida
Marietta, Georgia, March 2, 2020 — The Wrench Group (“Wrench”), a national leader in home repair and maintenance services specializing in heating, ventilation, air conditioning, plumbing, water, and electrical services announced today the acquisition of Florida Cool, Inc. (“Florida Cool”) expanding its footprint in the Southwest Florida market.
Florida Cool has been locally owned and operated by Tom Caprio since 1992 and prides itself on its skilled technicians dedicated to providing superior service to its customers. “The Southwest Florida market is experiencing significant growth and the acquisition of Florida Cool strengthens and accelerates our growth,” said Ken Haines, CEO, The Wrench Group.
“The Florida Cool team is thrilled to be joining The Wrench Group, an organization that shares the same dedication to its employees and customers. We look forward to partnering with the team on the next phase of our growth and success,” said Tom Caprio, President, Florida Cool.
Florida Cool will be combining its operations with CoolToday, headquartered in Sarasota, Fl. CoolToday, serving Sarasota and the surrounding areas since 1963, was acquired by The Wrench Group in April 2019 and has quickly expanded its service offerings to the Tampa and St. Pete area. “Through our combined leadership and operational success, Tom and I are excited about delivering the highest level of quality and service to customers,” said Jaimie DiDomenico, CoolToday President. DiDomenico and Caprio will be working together to combine brand names in the coming months. Caprio will continue to manage the Naples operation as market President.
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, water, and electrical services. The Company collectively serves over 500,000 customers annually in the Atlanta, Dallas, Houston, Phoenix, Naples, Sarasota, and Tampa metropolitan areas. The divisions have each developed a strong reputation in their respective regions with brands that date back to the 1940s. For more information, please visit www.wrenchgroup.com
SOURCE: The Wrench Group, LLC