Newsline

Direct Energy Agrees To Purchase RSG

October 14, 2004
/ Print / Reprints /
ShareMore
/ Text Size+
STAMFORD, Conn. - Direct Energy announced it has agreed to acquire Residential Services Group (RSG), a U.S.-based home services business and leading independent provider of HVAC and plumbing installation and repair/replacement services to homebuilders and homeowners.

"This acquisition will represent the next step in our strategy to be the preferred provider of energy and services to households within our core markets in the United States," said Lois Hedg-peth, president, U.S. Operations, Direct Energy. "RSG will provide us with a platform from which to offer value to our customers by developing innovative product and service bundles that help take the hassle out of owning and maintaining a home."

RSG, headquartered in Dayton, Ohio, is one of the nation's largest providers of HVAC and plumbing services to the residential and light commercial markets.

The transaction, which is expected to close in the fourth quarter of 2004, is subject to the receipt of Hart Scott Rodino clearance and other customary conditions.

Publication date: 10/18/2004

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

2014 Energy Efficiency Forum

Highlights from the 25th annual Energy Efficiency Forum in Washington, D.C.

Podcasts

NEWSMakers: Jeremy Begley

Jeremy Begley, home-performance specialist and Web and social media manager with National Heating and Air Conditioning Co. in Cincinnati discusses how and why you should add home-performance philosophies to your contracting repertoire. Posted on Sept. 12.

More Podcasts

ACHRNEWS

NEWS 09-15-14 cover

2014 September 15

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe

Venting R-22

The NEWS reported that a man received prison time for venting R-22. Should EPA step up enforcement?
View Results Poll Archive

HVACR INDUSTRY STORE

plumbing-hvac.gif
2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research

 

Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

DON'T MISS A THING

Magazine image
 
Register today for complete access to ACHRNews.com. Get full access to the latest features, Extra Edition, and more.

STAY CONNECTED

facebook icontwitter iconyoutube iconLinkedIn i con