What Companies Does Service Champions Own: A Guide to Its Acquisitions

Service Champions is widely recognized in the United States as a significant player in the residential services sector, particularly known for essential home maintenance services. Their portfolio spans a variety of offerings, including HVAC (heating, ventilation, and air conditioning), plumbing, and electrical services. Over time, Service Champions has expanded its ownership to include numerous service-oriented companies, aligning with their strategic plan for growth and market presence.

The growth trajectory of Service Champions has been characterized by a series of strategic acquisitions, bolstering its service capabilities and geographical reach. By acquiring companies such as Service Wizard Heating & Air, and in a move that broadened its base, Service Champions rebranded as Champions Group Holdings, signifying a larger umbrella for its expanding assortment of brands. These acquisitions have not only expanded the company’s footprint but have also helped in enhancing the range of services provided to customers, alongside contributing to the company’s overall financial growth.

Key Takeaways

  • Service Champions offers a diverse range of essential residential services.
  • The company has grown through strategic acquisitions, becoming a parent to many brands.
  • Rebranding to Champions Group Holdings reflects its broadened scope and service capabilities.

Overview of Service Champions

Service Champions is a prominent HVAC (heating, ventilation, and air conditioning) company, celebrated for its wide array of residential heating and cooling services. Since its inception in 2000, the company has committed to delivering top-tier customer service within the industry, epitomizing a friendly and trustworthy demeanor.

The company is headquartered in California, where it has cultivated a robust presence. They offer essential residential services, including but not limited to, air conditioning repair and replacement, plumbing services, solar and electrical services. Service Champions boasts a significant track record of expertise and reliability, earning them a commendable reputation amongst California homeowners.

Under the leadership of its CEO, Service Champions has experienced tremendous growth. Their focus on staff training ensures each team member is well-versed in the latest technologies and customer service practices.

It’s worth mentioning that Service Champions holds a diversified portfolio. Over the years, they have expanded their brand umbrella, housing a growing national portfolio of related brands and services. Here’s a snapshot of Service Champions’ reach:

  • HVAC Services: Core offering involving installation, repair, and maintenance.
  • Electrical & Plumbing Services: Expanding household servicing options.
  • Solar Solutions: Embracing sustainable energy solutions.

Service Champions is not just another HVAC company; it has evolved into a comprehensive home services provider, now known as Champions Group Holdings, widening its scope and services to better serve customers across the nation.

Service Champions’ Portfolio Companies

Service Champions has expanded its reach in the home services sector through strategic acquisitions, creating a robust portfolio of companies. Each company under its umbrella reinforces Service Champions’ position as a leading home services provider in various regions across the United States.

Moore Home Services

Moore Home Services is a key player in the HVAC and plumbing sectors, serving the needs of homeowners with a commitment to comfort and reliability.

Bell Brothers

As part of the portfolio, Bell Brothers offers comprehensive heating, cooling, and plumbing services, bolstering Service Champions’ presence in the market.

ASI

ASI has joined the Service Champions family, bringing with it a legacy of quality and customer-centric HVAC solutions, expanding the group’s service capabilities.

Adeedo!

With Adeedo! under its wing, Service Champions leverages decades of plumbing and HVAC expertise to meet the dynamic needs of its customer base.

ProSkill Services

ProSkill Services adds to the portfolio’s strength with specialized services in HVAC, plumbing, and electrical work, ensuring high-quality home maintenance.

Hobaica

Lastly, Hobaica contributes to the Service Champions’ group with its personalized approach to the HVAC industry, enhancing the suite of services offered to homeowners.

Each portfolio company plays a significant role in Service Champions’ strategic sector expansion and reinforces its commitment to being a premier home services company. Through these acquisitions, Service Champions continues to elevate the standard of home comfort solutions across regions.

Services Provided

Service Champions offers a comprehensive range of services dedicated to maintaining a comfortable and efficient home environment. They ensure that homes are equipped with functional heating, cooling, and plumbing systems, staffed by seasoned technicians with the expertise to handle maintenance, repairs, and installations.

Heating and Air Conditioning

At the core of Service Champions’ offerings are heating and air conditioning services. Their technicians are well-versed in the latest residential HVAC systems, delivering precise installations and repairs. From traditional furnaces to modern AC units, they actively work on climate control solutions to ensure optimal performance and energy efficiency.

  • Maintenance: Regular check-ups to sustain system longevity.
  • Repair: Prompt responses to fix malfunctions and restore functionality.
  • Replacement: Upgrading old units with advanced, more efficient models.

Residents can rely on Service Champions for staying warm during winter and cool throughout the summer months.

Plumbing Services

Alongside climate control, Service Champions also tackles a variety of plumbing services. They possess a strong portfolio of plumbing products and services, focusing on durability and quality for every job.

  • Installation: Professional setup of pipes, fixtures, and other plumbing necessities.
  • Repair: Quick and reliable fixes for leaks, clogs, and other common plumbing issues.
  • Maintenance: Preventive measures to keep plumbing systems running smoothly.

Their experienced plumbers ensure that water flows where it should, offering peace of mind to homeowners.

Geographical Presence

Service Champions has established a significant footprint across various states in the United States, boasting a diverse set of operations focusing on essential residential services.

Southern California Operations

With its roots in Orange County, CA, Service Champions has become a prominent player in the home services sector. In addition to their base in Orange County, their services extend throughout Southern California, including a wide presence in Los Angeles.

Expansion to Arizona and Nevada

Service Champions has broadened its services beyond the Golden State, branching out to neighbors such as Arizona and Nevada. This expansion demonstrates a strategic growth aimed at capturing the significant residential service markets along the West Coast.

Growing Influence in Colorado

The company has been active in increasing its market share, with Colorado witnessing the establishment of a Service Champions’ presence. This expansion into Colorado is part of their broader ambition to serve a wide array of customers across the nation, stepping firmly into the Mountain States.

Ownership and Investments

Service Champions, recognized for its position in the residential HVAC and plumbing industry, has attracted significant investment and ownership interests, particularly from companies that leverage equity to propel middle-market companies towards robust growth.

Odyssey Investment Partners

Odyssey Investment Partners is a private equity investment firm with a history of transforming middle-market companies. They acquired Service Champions with the vision to diversify the company’s business and enhance its growth profiles. Odyssey brings to the table a wealth of experience and substantial equity capital commitments, positioning Service Champions favourably in the market.

Centroak Partners

Centroak Partners is another investor with a strategic stake in Service Champions. Although specific details on Centroak’s involvement are not explicated in the search results provided, investments from firms like Centroak typically aim to bolster Service Champions’ market presence in the consumer sector. Their input likely complements the growth trajectory instigated by Odyssey Investment Partners.

Strategic Acquisitions and Partnerships

https://www.youtube.com/watch?v=MmG5WlM-QOM&embed=true

Service Champions Group has demonstrated a proactive approach in expanding its market reach and service offerings through strategic acquisitions. They have a history of strengthening their core business services with a series of well-chosen mergers and acquisitions (M&A).

  • Extensive M&A Activities: Historically, Service Champions has acquired 18 companies, including a significant number in the past five years. This aggressive expansion strategy has bolstered their presence across various US states.

  • Focus on Business Services Sector: The companies acquired by Service Champions primarily operate within the business services sector, which aligns with the group’s strategic focus to enhance its service portfolio and improve operational efficiency.

  • Notable Acquisitions: Some notable acquisitions by the Service Champions Group include well-regarded local brands such as Bell Brothers and Hobaica Services, which have been key in their growth trajectory.

  • Partnerships with Management Teams: In its acquisition endeavors, Service Champions Group has partnered with the existing management teams to ensure continuity and to glean operational insights for further improvement.

These strategic actions have enabled Service Champions Group to solidify its footprint in the Heating, Ventilation, and Air Conditioning (HVAC) and plumbing services industry, maintaining a friendly yet professional image in the business community. They continue to seek opportunities that align with their commitment to excellence and customer satisfaction.

Commitment to Customers

Service Champions has built a reputation centered on its unwavering commitment to serving its customers. It embodies values that resonate trust and respect among its customer base, ensuring homeowners receive top-notch home services.

Core Values of Trust and Respect

At Service Champions, the core values are the bedrock of the relationship they maintain with their customers. Trust is cultivated through transparency and consistent, reliable service. They demonstrate respect by attentively listening to customer needs and valuing homeowner opinions and time. This philosophy of respect and trust has helped them grow a loyal customer base.

Customer Service Excellence

Customer service ranks paramount at Service Champions. They have a clear aim: to deliver excellence to every homeowner. Success stories from individuals who experienced the company’s commitment can attest to their customer service excellence. Their team members are not only skillful in their respective trades but also empathetic and helpful, addressing customer concerns with both proficiency and understanding.

Employee Development and Company Culture

https://www.youtube.com/watch?v=BAdeFHlhKi4&embed=true

In any organization, the emphasis on employee development is pivotal. Service Champions, under Leland Smith’s leadership, recognizes the influence of robust training programs on both professional growth and company culture. They believe that equipping employees with the necessary tools and knowledge is essential for maintaining a high-performance environment.

Training is not just a token gesture at Service Champions; it’s a defined pathway for employee advancement. With someone like Frank DiMarco at the helm of operations, the company would ensure a system where employees receive regular training sessions, designed to refine and expand their skill sets.

The fostering of a positive workplace culture falls within the realm of responsibilities for Dana Rosenberg, who would act as a guide for employees, nurturing a community that supports and cultivates positive relationships. A culture champion like Rosenberg could instill values and behaviors that propagate a sense of belonging and collective success.

Key Individuals Role in Employee Development
Leland Smith Visionary leadership and company direction
Frank DiMarco Oversee training and operational excellence
Dana Rosenberg Cultivate positive workplace culture

They would ensure an integrated approach where training and culture go hand in hand, ultimately building a company that values the growth and well-being of its team.

Trade Names and Branding

https://www.youtube.com/watch?v=znjcwsUBaWQ&embed=true

Service Champions has expanded its brand significantly, operating under several trade names across different locations. Each brand under the Champions Group umbrella maintains its distinct identity while upholding the overarching commitment to quality services within the home services sector.

The trade names include a variety of well-established companies that come together to create a comprehensive network of service providers. For example, they own Adeedo!, a company that is easily recognized for its snappy name and customer service. ASI and Bell Brothers are also part of their portfolio, carrying their own brand reputations for excellence in their respective specialties.

Another notable mention is Fetch-A-Tech, which along with HELP and Hobaica, extends the group’s reach into diverse home service fields. The group further includes Howard Air, Jet, and JW Plumbing Heating and Air, incorporating a mix of air quality and plumbing services.

Adding to the diversity, Service Champions operates M and M Heating, Cooling, Plumbing & Electrical and Moore Home Services, which suggest comprehensive service coverage through their names. ProSkill Services, Scottsdale Air, and Seatown Services further emphasize their trade competency, indicating specialized services in their titles.

This variety not only enhances brand visibility across multiple markets but also enables Service Champions to leverage a wide range of services under the umbrella of reliable names like Service Champions itself, Service Wizard, Sierra Air, and Swan Plumbing Heating and Air Conditioning of Colorado, showcasing a commitment to high-quality air and plumbing solutions.

These brands collectively contribute to a strong, diversified presence in the marketplace, each with unique branding but unified under the ethos of the Champions Group.

Financial Growth and Market Position

Service Champions has demonstrated significant financial growth through strategic acquisitions such as that of Service Wizard of Austin, Texas. These acquisitions underpin its market position as a leading provider of essential residential services.

Year Acquisitions & Growth
2021 Acquired by Odyssey Investment Partners
2022 Growth through acquisition strategy

The company thrives on control-oriented investments, preferring to hold the majority stake which allows them to guide industrial growth within the middle market space. This approach has led to a significant expansion in the services they offer, now encompassing air conditioning, plumbing, solar, and electrical services.

Service Champions’ approach reflects a pattern common among middle market companies: prioritizing broad-based service offerings to create a one-stop-shop for customers’ needs. By doing so, they not only increase their transaction value but also consolidate their market share.

They have carved out a competitive position by comparing industry averages and benchmarks related to company size and growth, disciplining themselves against financial risks and downturns. Service Champions’ financial strength puts them on a stable footing even when faced with economic turbulence.

Frequently Asked Questions

https://www.youtube.com/watch?v=J6yfyucJuvQ&embed=true

Service Champions has expanded through various acquisitions, and people often have questions about its growth and reach within the HVAC industry.

Who recently acquired Service Champions and how will this affect the company?

The Service Champions Group recently announced an agreement to acquire another HVAC company, which showcases their growth trajectory. This acquisition could provide expanded services and a broader reach for Service Champions.

What businesses fall under the ownership of Fetch a Tech, and are they related to Service Champions?

Fetch a Tech is not mentioned within the provided search results, so specifics about its association with Service Champions cannot be detailed at this time.

After the purchase of Bell Brothers, what changes have been made by the new management?

Details about specific changes made after the purchase of Bell Brothers are not provided in the search results. Thus, comprehensively describing post-acquisition changes by Service Champions’ management cannot be discussed.

Can you tell me about the founder of Service Champions and their role in the HVAC industry?

The search results don’t include detailed information regarding the founder of Service Champions or the individual’s role in the HVAC industry.

How can someone get in touch with Service Champions for service inquiries in Riverside?

For service inquiries in Riverside, contacting Service Champions is straightforward; one can visit their website to schedule an appointment or request service information.

What is the relationship between Odyssey Capital Ventures and Service Champions?

There is no information within the provided search results about the relationship between Odyssey Capital Ventures and Service Champions.