SOLD 2024 Private-equity backed verified

Greater Bay Plumbing

Plumbing · Sarasota, Sarasota County by Jeffrey (Jeff) Sarmiento

Ownership at a glance. Greater Bay Plumbing is owned by Sundream (Sundream HVAC LLC), a private-equity platform headquartered in St. Petersburg, FL. The sale was announced December 2, 2024; the company still operates under its original name.
The name on the truckGreater Bay Plumbing
Sarasota, Sarasota County
Operating ownerSundream (Sundream HVAC LLC)
St. Petersburg, FL

About the company

Sarasota residential and commercial plumbing service provider founded and owned by Jeff Sarmiento, located off Palmer Boulevard. Sold in late 2024 as Sarmiento retired.

Ownership history

What changed after the sale

The buyer was Dan Tulchin, CEO of Sundream (operating under Hey Brother Industries), whose portfolio at the time comprised about ten HVAC and plumbing companies across Florida. Sundream continues to list Greater Bay Plumbing as a Sarasota brand, indicating brand retention. Viking Mergers & Acquisitions ran the sell-side process; Sarmiento said he engaged Viking at the end of June 2024.

Only sourced observations are listed. Customers and employees can add what they saw.

Who really profits

Money paid to Greater Bay Plumbing now flows to Sundream (Sundream HVAC LLC) (St. Petersburg, FL). Florida and Southeast HVAC and plumbing platform launched under Hey Brother Industries and led by CEO Dan Tulchin, with a St. Petersburg address. Its roster spans Tampa, Sarasota, Homosassa, Miami, Perry, Jacksonville, Longwood and St. Augustine and includes both residential and commercial/new-construction plumbing brands. It retains acquired brand names.

Read more: why prices rise after a sale · debt, exits and the 5-year clock.

Same owner, different name

Other Tampa Bay brands controlled by Sundream (Sundream HVAC LLC). Getting a "second opinion" from one of these is not a second opinion.

Frequently asked

Who owns Greater Bay Plumbing?

Greater Bay Plumbing is owned by Sundream (Sundream HVAC LLC), a private-equity platform headquartered in St. Petersburg, FL. The sale was announced December 2, 2024; the company still operates under its original name.

Is Greater Bay Plumbing private equity owned?

Yes. Greater Bay Plumbing is part of Sundream (Sundream HVAC LLC), a private-equity-backed platform. See the buyer profile for the capital structure.

Is Greater Bay Plumbing locally owned?

Not in the sense most homeowners mean. Control sits with Sundream (Sundream HVAC LLC) in St. Petersburg, FL, although the local brand name is still used.

When was Greater Bay Plumbing sold?

December 2, 2024 (announcement date).

Did Greater Bay Plumbing change its name after the sale?

No. Keeping the acquired brand name is standard practice for platforms; it preserves customer trust and reviews while ownership changes behind it.

Sources Verified — primary document

  1. PR Newswire (2024-12-02) — press release. Date, Sarasota, founder retirement, Dan Tulchin/Sundream as buyer, ten-company portfolio, quotes
  2. Sundream HVAC (2026-09-09) — platform site. Brand roster lists Greater Bay Plumbing, Sarasota FL
  3. Business Observer (2024-12-03) — news. Local coverage; street address; buyer unnamed in the free excerpt

See something wrong? Request a correction — we publish our corrections log.

Reader comments

Loading comments…

Comments are held for review before they appear. We remove unsourced accusations, personal information, and spam. Comment policy.