DAYTON, Ohio — There’s a new but familiar face in the residential HVACR contracting market, and it is banking on many years of management experience and name recognition. Residential Services Group (RSG), a former division of Encompass Services, was recently acquired by Wellspring Capital Management LLC, a New York-based private equity investment firm. RSG is based in Dayton and specializes in HVAC and plumbing services in new and existing residential homes. RSG will also operate in the light commercial market.
Eric Salzer, who headed Encompass’ residential operations, has been named CEO of RSG. Salzer has worked most of his professional life in the HVACR trade, beginning as a retrofit installer for a Cincinnati contractor and eventually moving into the president’s chair for Airtron, an HVAC company consisting of 14 operating units, whose markets included residential new construction. Airtron was acquired by GroupMAC, which eventually merged with Building One to form Encompass.