PARTIAL EXIT - TSCP Retains Minority Position

LTP Home Services Group

Baltimore, Maryland

LTP Home Services Group

Baltimore, Maryland

Business & Consumer Services and Products


Business Description

LTP Home Services Group is a leading residential services company with a specialization in plumbing and HVAC services, operating across the Mid-Atlantic and Southeast regions under six brands.

Company News

Add-On Opportunities

CANDIDATES INCLUDE:
  • Residential plumbing companies.
  • Water-based residential services such as water damage restoration and hydro jetting.
  • Sewer service providers.
  • Providers of HVAC services.

LTP Home Services Group ADD-ON


Canady's Heating, Air, Plumbing

  • Richmond Hill, Georgia
  • Full-service provider of residential HVAC and plumbing services

Company News

LTP Home Services Group ADD-ON


Russo Bros. & Co.

  • East Hanover, New Jersey
  • Full-service provider of residential HVAC, plumbing, electrical and indoor air quality services

Company News

LTP Home Services Group ADD-ON


Service Today Heating & Cooling Company

  • Federalsburg, Maryland
  • Provider of residential HVAC, plumbing, electrical and indoor air quality services.

Company News

LTP Home Services Group ADD-ON


Larry & Sons Plumbing, Heating, Cooling, Drain and Electrical Services

  • Hagerstown, Maryland
  • Provider of residential plumbing, HVAC and other services in the Mid-Atlantic region.

Company News

LTP Home Services Group ADD-ON


Neffsville Plumbing & Heating Services

  • Lancaster, Pennsylvania
  • Provider of residential plumbing and HVAC services in Lancaster, Pennsylvania.

Company News

VALUE CREATION

During its ownership, Thompson Street Capital Partners helped support Len the Plumber’s (LTP) growth by supplementing an already strong management team with a CXO and VP of Corporate Development hire, completing six strategic add-on acquisitions and implementing Service Titan, an industry-leading field service management software solution which enhanced LTP’s field operations.

Over the course of the partnership, LTP expanded its geographic footprint through both organic green field branch openings and add-on acquisitions, and also added HVAC services to is portfolio. These strategic initiatives helped LTP establish a scalable platform for continued growth and strengthen its position as a leading provider of HVAC and Plumbing home services.