We are pleased to announce the sale of our client, Bigham Services, Inc., to a TransPacific Holdings. The acquisition closed January 15, 2020 and details were not disclosed.
Bigham Services, Inc. is located in Santa Rosa, California. The company is the owner of multiple One Hour Heat and Air Conditioning and multiple Mister Sparky Franchises in the San Francisco Bay Area. One Hour Heating and Air Conditioning and Mister Sparky are franchises under the Authority Brands Family.
TransPacific Holdings is located in Los Angeles, California. TransPacific Holdings management team consists of the most recognizable, respected, and successful individuals in the HVAC industry. All together they have more than 180 years of extensive hands-on experience and offer a wide range of expertise in diverse areas of business.
Generational Equity Executive Managing Director of M&A – Western Region Stephen Crisham and his team, led by Vice President Mergers & Acquisitions Chad Comroe, successfully closed the deal. Executive Managing Director Tom Braun established the initial relationship with Bigham Services, Inc.
“This is an exciting opportunity for Bigham Services and TransPacific Holdings,” said Chad Comroe.
“This acquisition provides better opportunities for our client with growth and synergies that could not be achieved separately. I look forward to hearing what the team can accomplish together.”
Paul Bigham, the CEO of Bigham/TPH said, “It’s rare that a consolidator has a heart for the people in the business over the numbers. I continue to be impressed by the leadership in TPH that is putting investments in place to ensure that every team member in the company has a part in the success of this venture.”
Shawn Ohayon, the CEO and President of TransPacific Holdings added, “We recognize that people are the most important asset that we have in the service business. For that reason, we believe we should recognize and reward those men and women on the front lines and support positions.”
“We believe when we take care of the team members, they will take care of the customer and when the customer is happy, the money will follow. That’s a three-way win the TPH way. We are looking forward to great things from this new partnership.”
You can discover other transactions that we’ve assisted in this industry by visiting our dedicated Construction & Engineering page.
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