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NewsHVAC Breaking News

TurnPoint Services Completes 21 Acquisitions in 2021

Turnpoint-logo.jpg
January 18, 2022

LOUISVILLE, KY, — TurnPoint Services Group announced the completion of 21 acquisitions over the course of 2021, more than doubling the TurnPoint platform. TurnPoint now operates 40 individually branded and locally managed service companies in 28 states from coast to coast.

“Twenty-one business owners independently made the decision to join TurnPoint in 2021,” TurnPoint CEO Kurt Bratton remarked. “We are humbled by their trust, welcome them and their employees as our newest family members, and look forward to validating their decision by fostering continued growth and opportunity.”

“The addition of the 21st new brand in December capped off a remarkable year for TurnPoint,” Bratton continued. “For the fourth consecutive year, we more than doubled the size of the TurnPoint platform through a combination of double-digit organic growth and strategic acquisitions. Many of the brands joining us in 2021 were in the western United States, transforming TurnPoint into a truly national service company.  We now provide heating, cooling, plumbing, and electrical services in 35 metropolitan areas located in 28 states across the country.”

Efforts to provide impactful jobs in local communities were demonstrated through the launch of the TurnPoint Leadership Academy as well as the new regional apprenticeship program.

“TurnPoint’s ethos is demonstrated in its ability to create great jobs and impact our communities through our passion for supporting real people doing real work,” Bratton said.

TurnPoint continues to search for partnerships with owners of high-performing service businesses that possess strong brand equity and shared values, with the goal of making them even stronger.

Looking for quick answers on air conditioning, heating and refrigeration topics? Try Ask ACHR NEWS, our new smart AI search tool. Ask ACHR NEWS →

KEYWORDS: acquisitions in the HVAC Industry Apprenticeship and HVACR HVAC service

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