Royal House Partners Makes New Investment in Schuler Enterprises to Continue Growing Home Services Portfolio in Oklahoma
DALLAS FORT WORTH, Texas, July 15, 2022 /PRNewswire/ — Royal House Partners (“RHP”), a leading provider of residential and commercial HVAC, plumbing and electrical services in Texas, Tennessee, Missouri, Arkansas and Oklahoma welcomes the new addition from Schuler Plumbing based in Oklahoma City, Oklahomato her family of companies.
CPS Capital logo (CNW Group/CPS Management Corp.)
RHP was acquired by CPS Capital, a.s. in 2021 Toronto-based investment company and 1801 Holdings, a Dallas-based group of experienced home services professionals who have spent significant time developing a roll-up strategy for residential and light commercial HVAC, plumbing and electrical installations.
As a leadership team, we have been busy acquiring businesses in the HVAC, plumbing, electrical and home services sectors for the past few months. The addition of Pupils enables Royal House Partners to continue expanding its footprint, marking our fifth acquisition in Oklahoma in the last ten months.
Schuler’s The service team consists of twelve experienced, state-certified journeyman plumbers and state-certified apprentice plumbers. In addition to care Schuler’s As loyal private customers, the company also regularly serves more than 50 area restaurants that it relies on Pupils for immediate plumbing service attention. Pupils also consistently meets the requirements of many apartment buildings, condominiums, retirement homes and hotels Oklahoma City.
Paul AdamsChief Growth Officer and Founder of RHP, remarks: “We are very excited to have the Pupils Team. Russel and Vicky Thorp have continued Pupils legacy and continued to grow it into one of the most respected plumbing companies in Oklahoma.”
Russel Thorp, owner, notes, “Since 1978, our slogan has been ‘Trusted Name. Proven reputation.’ was recognized as Schuler’s consistently trademarks Oklahoma City and the surrounding towns. As we have carried on the legacy of the company’s founder, the company has experienced continuous exponential growth over the past twelve years. That is our desire in partnering with RHP Pupils will continue to be a leading service provider in the greater metropolitan area.”
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Terry SorrellsRegional Vice President Oklahoma, comments, “We are excited to add Schuler Plumbing to our family of home services. This addition will strengthen our plumbing department and give us greater reach Oklahoma City subway area.”
HVAC companies interested in joining the RHP team should contact us Paul Adams [email protected] For more information about RHP, visit https://www.royalhousepartners.com/home
About CPS Capital:
CPS Capital is a lower middle market private equity firm based in Toronto, founded by owners and operators seeking to partner with business owners to achieve their growth and transition goals. CPS Capital focuses on North American opportunities to invest in exceptional companies in growth industries with attractive characteristics. We want to become a value-added partner with every company we work with. We bring significant skills, expertise and capital to offer business owners an attractive option compared to traditional financial or strategic buyers.
For more information, please visit us at https://cpscapital.com/
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SOURCE CPS Management Corp.