JACKSONVILLE, Fla. (September 13, 2007) – American Residential Services, L.L.C. (ARS), a privately held, nationwide provider of HVAC services, has purchased Jacksonville-based Florida Home Air Conditioning Company as part of its strategy for continued growth through acquisitions.

“Joining the ARS family gives us the opportunity to grow the company and add depth to our services,” said Bryan Craun, former owner now General Manager of Florida Home Air Conditioning Company.  “Our customers will continue to receive the same high-quality service that we have always provided, but now we can further elevate their experience with the support and resources of a national company.”

With strategic locations throughout North Florida offering premium service in Jacksonville, Orange Park, the beaches and St. Augustine, Florida Home Air Conditioning Company has been a provider of air conditioning and heating services in Florida since 1993.  Craun and his staff will remain with the company, and it will continue to operate as the Florida Home Air Conditioning Company with a focus on heating and air conditioning services.

“ARS is currently focused on growth through the addition of quality service providers as we continue to expand nationwide,” said Dave Slott, President and Chief Operating Officer of American Residential Services.  “We selected Florida Home Air Conditioning Company because its commitment to quality and exceptional service coincides with our strategic vision for growth nationwide.  Expanding into North Florida also reflects our commitment to service key growth markets.”

Owned by Caxton-Iseman Capital Inc., Royal Palm Capital Partners Inc. and management, American Residential Services L.L.C. is based in Memphis, Tenn.

About American Residential Services

ARS^® and Rescue Rooter^® are leading brands of American Residential Services L.L.C. providing customers across the United States an exceptional service experience through professional heating, air conditioning, plumbing and drain cleaning services.  With a network of 57 company operated, locally managed service locations spanning 24 states and the District of Columbia, these two brands serve both residential and light commercial customers.  Based in Memphis, Tenn., American Residential Services L.L.C. has approximately 3,500 employees.

ARS^® specializes in air conditioning, heating, plumbing and drain cleaning needs, offering repair, replacement and maintenance, as well as HVAC installation for residential new construction.  With a knowledgeable team of trained specialists elevating the service experience to provide a new level of comfort, ARS has the professional experience to do any job right – the first time.

Rescue Rooter^® is a trusted national brand providing plumbing, drain cleaning and sewer line services through a team of skilled professional plumbers.  Always ready to quickly rescue customers from their plumbing problems, Rescue Rooter^® technicians are experienced in diagnostic and repair service for plumbing, drain cleaning and sewer line problems.

American Residential Services L.L.C. is owned by Caxton-Iseman Capital Inc., Royal Palm Capital Partners Inc., and management.  Caxton-Iseman Capital Inc., 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^® and Rescue Rooter^®, visit www.ars.com or www.rescuerooter.com.

# # #

Media Contact:

Julia Montgomery Stewart, PUSH

(407) 841-2299, ext. 1025

jstewart@pushhere.com