Affordable Water Heaters and Plumbing (AWHAP), a portfolio company of private equity firm Dubin Clark, has completed the acquisition of Temperature Control, Inc. Financial terms of the transaction have not been disclosed.
AWHAP, headquartered in Valencia, California, is a leading in-home provider of water heater and plumbing services, including same-day water heater replacement, repair and installation of gas and electric water heaters, installation of tankless water heaters, and ancillary water heater and plumbing services. AWHAP has established a reputation for expertise, workmanship, and honesty in the water heater installation industry that sets them apart in the market. Dubin Clark initially invested in AWHAP in July 2020.
Temperature Control is a leading provider of HVAC installation and replacement services for high-end residential customers throughout the Los Angeles area. The company installs and replaces entire HVAC systems, as well as replacing individual components in older systems with a focus on maintenance and remodelling activities. In addition, Temperature Control offers a variety of ventilation and air quality products and services that are designed to create healthier indoor spaces and support the current consumer focus on indoor air quality standards. Temperature Control is headquartered in Woodland Hills, CA.
Source: Private Equity Wire
