NEW YORK - CI Capital Partners LLC, a New York-based private equity firm, announced that its portfolio company American Residential Services L.L.C. (ARS), a national provider of HVAC and plumbing equipment and services, has completed an acquisition to increase its penetration in the Columbus, Ohio, metropolitan market.

ARS has concluded the purchase of Columbus/Worthington Air (CWA), a residential and light commercial HVAC contractor with revenues of almost $7.5 million, serving Columbus. The company will continue to operate as a standalone business under the guidance of its current general manager, Clint Schreck.

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Publication date:06/06/2011