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HVAC Residential MarketHVAC Breaking News Service Market

The Wrench Group Appoints Ken Haines as Chief Executive Officer

Company offers home maintenance and repair services, including HVAC, plumbing, and electrical

July 7, 2016

MARIETTA, Ga. — The Wrench Group announced that Ken Haines has been selected to lead the company and will assume the role of chief executive officer. Haines was formerly the president and CEO of Atlanta’s Coolray Companies, one of Wrench’s four regional brands. The company will be headquartered in Marietta, Georgia.

The Wrench Group provides home maintenance and repair services, including HVAC, plumbing, and electrical. The company brings together four regional brands: Abacus and Berkeys in Dallas and Houston, led by Alan O’Neil; Parker & Sons in Phoenix, led by Paul Kelly; and Coolray in Atlanta, now led by Paul Smith. Collectively serving over 140,000 customers, all four brands are leaders in their regions. Investcorp, a provider and manager of alternative investment products, announced a majority investment in the company in March 2016.

“I am thrilled to have the opportunity to lead the group and work alongside the excellent, existing leadership teams of the Wrench brands. By leveraging our strong local brand recognition, sharing best practices, and working collaboratively across the business, we are well-positioned to expand within our current regions and enter into new attractive geographies as we significantly expand our scale,” said Haines. “We continue to look to augment our industry leading organic growth with strategic acquisitions of like-minded organizations.”

Haines is a 36-year industry veteran, having spent the past 20 years in a number of leadership roles, most recently as president and CEO of Coolray in Atlanta. Coolray, an HVAC, plumbing, home automation, and related services company, grew to one of the largest home services companies in the southeastern United States under Haines’ leadership.

For more information about The Wrench Group, visit www.wrenchgroup.com.

Publication date: 7/7/2016

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KEYWORDS: home services Plumbing and HVACR residential contractors

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