TAMPA, Fla .– (BUSINESS WIRE) – April 19, 2021–
Wrench Group, LLC (“Wrench”), a national leader in household services, announced the partnership of Red Cap Plumbing & Air (“Red Cap”) of the Tampa, Fla., Area since 2003. Terms of the transaction were not disclosed.
The partnership enables Wrench to expand its service in Tampa, St. Petersburg, Clearwater, and other local communities. The area is one of the 10 fastest growing subway areas in the United States. Some cities have seen population growth of up to 20% since the 2010 census.
“Red Cap is a great fit with our family of regional brands,” said Ken Haines, CEO of the Wrench Group. “The Tampa Bay area offers favorable conditions for the growth of a home services business to continue Red Cap’s longstanding track record. They will be a natural complement to our other Florida brands. “
We are very excited to be part of the Wrench Group family,” said John Gennaro, President of Red Cap Plumbing & Air. “Your innovative technology and operations support and commitment to excellent customer service will enable us to accelerate our growth and to serve more homeowners in the Tampa Bay area. “
Red Cap will retain its local leadership and management and continue to operate under its current brand. The company currently has 105 employees and serves approximately 75,000 customers in the Tampa Bay area. For more information or to schedule a service appointment, please visit https://redcapplumbing.com/.
About Red Cap Plumbing & Air
Red Cap Plumbing & Air provides plumbing, heating, and cooling services to commercial and residential customers in the Tampa Bay area. The company prides itself on its reputation for timely service, professional results, and above-expected performance with guaranteed service experience, pricing, and labor.
About the Wrench Group
Wrench Group, LLC is a national company operating under 17 brands in 12 markets in the United States. The locations provide home repair, replacement, and maintenance services that specialize in heating, ventilation, air conditioning, plumbing, water, and electrical services. The company serves more than 775,000 customers annually with over 3,100 team members in metropolitan areas of Atlanta, Austin, Dallas, Denver, Fort Myers, Houston, Jacksonville, Naples, Orlando, Phoenix, Sacramento, Sarasota, San Francisco Bay Area and Tampa. The locations have built a solid reputation with brands that date back to the 1940s. Further information is available at www.wrenchgroup.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20210419005805/de/
CONTACT: Meghann McNally
678-784-2260
mmcnally@wrenchgroup.comShawn Malayter
872-267-2636
smalayter@greenhousepartners.com
KEYWORD: FLORIDA UNITED STATES NORTH AMERICA
KEYWORD OF INDUSTRY: PROFESSIONAL SERVICES SMALL BUSINESS OTHER CONSTRUCTION AND REAL ESTATE & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE AND REAL ESTATE AND REAL ESTATE SYSTEMS
SOURCE: Wrench Group, LLC
Copyright Business Wire 2021.
PUB: 04/19/2021 2:29 p.m. / DISC: 04/19/2021 2:29 p.m.
http://www.businesswire.com/news/home/20210419005805/de
Copyright Business Wire 2021.
