RLJ Equity Partners and LP First Capital Create Flow Service Partners
Flow Service was created from recapitalization of three companies
BETHESDA, Md. — RLJ Equity Partners announced it has partnered with LP First Capital to recapitalize three companies to create Flow Service Partners. Financial terms of the transactions were not disclosed.
"Flow provides critical services to its customers and has differentiated leadership positions in its markets," said Nigel Howard, managing director at RLJ, who will become chairman of the board of directors. "We look forward to supporting the Flow team in its long-term strategy of executing add-on acquisitions, adding scale, and building a leading commercial HVACR and plumbing platform in the U.S."