Friendly Group Acquires Day & Night Air Conditioning, Heating & Plumbing, Serving Customers in the Greater Phoenix Area of Arizona | State
West Lake, Texas, January 13, 2022 /PRNewswire/ — Friendly Group, a home services company, announced today that it has acquired Day & Night, a heating, ventilation and air conditioning (HVAC) and plumbing services company based in Phoenix, AZ. With the addition of Day & Night, this Friendly Group’s second home services company is located in Arizona, and the fourth company to join Friendly Group in the western region in the last year.
Day & Night will continue to operate under the Day & Night brand with owners, Jeff Martin, and managing director, Mike Lithuania, which runs the company in partnership with the Friendly Group.
Comments on the news:
“We are delighted to welcome Jeff, Mike and the entire Day & Night team to the Friendly Group family. Their culture aligns perfectly with our philosophy and mission to unlock the latent potential of every team member.” —William J. Coughlin, Founder, Alchemy Capital Partners, Board Member, Friendly Group
“Day and Night’s relationships with its customers and community are some of the best I’ve seen, and the people and culture behind them are the reason this brand is strong. We can’t wait to build on that legacy with Mike and his leadership team.” – Joe Bergman, CEO, Friendly Group
“Friendly Group’s unique culture and approach to supporting our operating businesses continues to resonate in the marketplace with people who share our principles.” – Michael Rubel, Managing Director, RFE Investment Partners, Member of the Board of Friendly Group
Day & night air conditioning, heating & plumbing
Day & Night is a renowned HVAC and plumbing company serving the community Phoenix Area. Their main duties are heating, cooling, plumbing and sewer cleaning.
Friendly Group is a home services company focused on building a network of businesses that share a vision and values that, at their core, center on their people.
Alchemy Capital Partners
A private equity firm focused on lower middle market investments North America. www.alchemycap.com
RFE investment partner
A private equity firm focused on making control investments in established small market companies based in The United States. www.rfeip.com
Media and general inquiries:
Contact: Cooper Calhoun
E-mail: [email protected]
Inquiries about joining the Friendly Group:
Contact: David Noseworthy
E-mail: [email protected]
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SOURCE Friendly group