Bonney Plumbing, Electrical, Heating and Air (Bonney), a home services company based in Rancho Cordova, California, has announced the acquisition of award-winning HVAC company Big Air Heating & Air Conditioning (Big Air) based in Concord, California. Under the partnership, Bonney will support Big Air and its team while continuing to operate locally under its brand.
The partnership with Big Air expands Bonney's jurisdiction, which currently includes eight counties in and around the Greater Sacramento region, to Contra Costa County in the Bay Area.
“The East Bay of San Francisco is a prime area of expansion for Bonney,” said Jeremy Macdonald, CEO of Bonney. “When we met the Big Air team, we knew immediately that they would be a good fit given the brand they have built and shared values of focusing on people and providing excellent customer service.”
Founded in 1978 by Mark and Candace Bonney, Bonney is a household name in the Sacramento area. Over the past 40 years, Bonney has grown from a family-owned business to a company that currently operates over 120 service vehicles and employs more than 200 people.
“As Big Air enters the next chapter of its growth, we are thrilled to have found Bonney as a partner,” said Mike Santa Maria, founder of Big Air. “In addition to the additional resources and capital Bonney brings to drive growth, their values and culture align with what we have built at Big Air over the past 20 years.”
Bonney plans to invest in several companies he owns over the next two years to build a regional leader in home services. Silicon Valley-based M&A Business Advisors acted as sales advisor to Big Air.
