Both companies are setting a new standard for excellence in the
South Florida mechanical and
plumbing sectors.
HIALEAH,
Fla., July 3, 2024 /PRNewswire-PRWeb/ -- Kratos
Capital, a leading middle market M&A advisory firm based in
Dallas, TX, is pleased to announce
the acquisition of their client, Palmetto Plumbing Co. of Hialeah
Inc., by Ascension Property Services. The deal was closed on
May 28, 2024.
Palmetto Plumbing Co. of Hialeah Inc., known for its
high-quality plumbing services across South Florida, joins Ascension Property
Services, a nationwide group of specialty trade contractors.
Ascension is renowned for its decades-long expertise in a diverse
range of construction sectors, including commercial, healthcare,
educational, hospitality, manufacturing, and institutional
projects.
This acquisition enables Ascension Property Services to expand
its service offerings in the South
Florida region by incorporating Palmetto Plumbing's
expertise and established customer base into its operations. For
Palmetto Plumbing, the partnership opens up new growth
opportunities by leveraging Ascension's broad resources and
national reach, enhancing its ability to undertake larger, more
diverse projects.
Kratos Capital believes the union of Palmetto Plumbing and
Ascension Property Services represents a powerful partnership that
will not only benefit both companies but also serve their customers
with greater efficiency and a wider array of services. This
successful deal highlights Kratos Capital's commitment to achieving
outstanding client results and reinforcing its reputation as a
leading M&A advisor.
Additional information regarding Kratos Capital, its M&A
services, and previous M&A dealings can be found on the company
website.
Media Contact
Josh
Bammel, Kratos Capital, 1 (214)684-9101, josh@kratoscap.com,
https://www.kratoscapital.com/
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SOURCE Kratos Capital