INDIANAPOLIS, Ind. (January 16, 2008) - American Residential Services LLC, a privately held, nationwide provider of heating, air conditioning and plumbing services through the ARS® and Rescue Rooter® brands, has acquired Air-Trol Heating and Air Conditioning as part of the company's stated strategy for continued growth through strategic acquisitions.
“We have been looking for opportunities to expand our services for our customers throughout Indianapolis and central Indiana,” said Rob Carrico, owner of Air-Trol Heating and Air Conditioning. “We always strive to ensure our customer's comfort and exceed their expectations, this will continue as we become part of the ARS®/Rescue Rooter® Network. This change simply allows us to provide our valued customers with additional services and grow as part of a leading company with national resources.”
Air-Trol has been a major provider of heating and air conditioning services since 1979, servicing both residential and commercial clients. The company will become part of ARS® / Rescue Rooter®, which already operates a branch in the Indianapolis area. The Air-Trol staff will be joining the ARS® / Rescue Rooter® team.
“Air-Trol's commitment to strong customer service and employee satisfaction aligns perfectly with our strategic vision for growth throughout central Indiana,” said Dave Slott, President and Chief Operating Officer of American Residential Services. “We are currently focused on growth through the addition of quality service providers such as Air-Trol and are excited about expanding our commitment to the Indianapolis area.”
About American Residential Services
ARS® and Rescue Rooter® are leading brands of American Residential Services LLC providing heating, air conditioning, indoor air quality, plumbing, drain cleaning and sewer line services across the United States. Based in Memphis, Tenn., American Residential Services LLC has approximately 3,900 employees.
ARS® / Rescue Rooter® operates a network of 57 company operated, locally managed service locations spanning 25 states and the District of Columbia. United by exceptional service, the ARS® / Rescue Rooter® network serves both residential and light commercial customers through a knowledgeable team of trained specialists. Providing elevated service and ensuring the highest standards of quality, ARS® / Rescue Rooter® has the experience to do any job right – the first time.
In the Indianapolis area, ARS® / Rescue Rooter® specializes in air conditioning, heating, plumbing and drain cleaning needs, offering repair, replacement and maintenance, as well as HVAC installation for residential new construction.
American Residential Services LLC is owned by CI Capital Partners LLC, Royal Palm Capital Partners Inc., and management. CI Capital Partners LLC, www.caxton-iseman.com, is a New York-based private equity firm. Royal Palm Capital Partners Inc., www.rpcp.com, is a private equity investment and management firm, and through its affiliates, the owner of publicly and privately held companies.
For more information about ARS® / Rescue Rooter®, visit www.ARS.com.
Media Contact:
Julia Montgomery Stewart, PUSH
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