Quad-C Announces Investment in Flow Service Partners
Summary
CHARLOTTESVILLE, Va., Nov. 21, 2024 /PRNewswire/ -- Quad-C Management, Inc. ("Quad-C"), a leading middle market private equity firm, announced its investment in Flow Service Partners ("Flow" or the "Company"), a provider of heating, ventilation, air-conditioning and refrigeration (HVACR) and plumbing services. "Jack Walker, Partner at Quad-C, commented, "The Flow team has built an exceptional platform focused on best-in-class customer service and local expertise in its markets. We are excited to work with the team to continue to scale the existing operations, while expanding the Companys geographic reach and adding new service offerings to better serve the needs of Flows customers. Houlihan Lokey advised Flow on the Transaction.Founded in 1989 and headquartered in Charlottesville, Virginia, Quad-C is a middle market private equity firm focused on investing in established business services, industrials and healthcare companies. The Company was formed in 2021 through the combination of Perfection Heating and Air and Altstadt Plumbing and has since grown through organic expansion and four acquisitions.