The Pink Plumber
Plumbing · Tampa, Hillsborough County · Founded 1991 by Geoff Gillon
About the company
Residential and commercial plumbing company founded in 1991 by Geoff Gillon, operating in three markets — Atlanta, Tampa and Dallas — with septic services in Atlanta. Its Tampa operation made it one of the larger branded residential plumbing businesses in the Tampa Bay market at the time of sale.
Ownership history
- Acquisition Service Experts Heating & Air Conditioning
What changed after the sale
Acquired by Service Experts in the same September 2018 round as Midway Services of Clearwater and Admiral Plumbing of Jupiter. Service Experts described the round as adding roughly 247 employees and 184 vehicles in total across the three companies. No sourced detail on what happened to the Tampa branch or the Pink Plumber brand specifically.
Only sourced observations are listed. Customers and employees can add what they saw.
Who really profits
Money paid to The Pink Plumber now flows to Service Experts Heating & Air Conditioning (Plano, TX). One of the largest residential HVAC service networks in North America, owned by Lennox International until 2013 and then by American Capital before a 2016 exit. It acquires established local contractors to add density and, in the 2018 round, specifically to add residential plumbing capability to existing HVAC branches. VP of business development Todd Berkland described the Florida, Georgia and Texas round as expanding its footprint 'to offer plumbing services to our valued customers.' After that round it had 94 US and Canadian locations.
Capital events at the platform level: 2016-03-01 exit — American Capital exited its ownership of Service Experts; 2013-03-22 new sponsor — Lennox International completed the all-cash sale of Service Experts to a majority-owned entity of American Capital Ltd., together with a two-year equipment supply agreement; terms not disclosed.; 2013-03-22 exit — Lennox sells the Service Experts residential network to an American Capital entity. Lennox International announced it had closed an all-cash sale of its Service Experts residential HVAC and plumbing service business to a majority-owned entity of American Capital, Ltd., alongside a two-year equipment supply agreement. Terms of both the sale and the supply agreement were undisclosed. Service Experts had been part of Lennox since its 1999 purchase of the Service Experts consolidator. The deal matters to Tampa Bay retrospectively: in September 2018 Service Experts acquired two established local companies, Midway Services of Seminole/Clearwater and The Pink Plumber of Tampa, both of which are already in this dataset..
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 Service Experts Heating & Air Conditioning. Getting a "second opinion" from one of these is not a second opinion.
Frequently asked
Who owns The Pink Plumber?
The Pink Plumber is owned by Service Experts Heating & Air Conditioning, a strategic contractor headquartered in Plano, TX. The sale was announced September 13, 2018.
Is The Pink Plumber private equity owned?
The Pink Plumber was acquired by Service Experts Heating & Air Conditioning, which we classify as strategic contractor rather than a private-equity platform, based on the sources listed below.
Is The Pink Plumber locally owned?
Not in the sense most homeowners mean. Control sits with Service Experts Heating & Air Conditioning in Plano, TX, although the local brand name is still used.
When was The Pink Plumber sold?
September 13, 2018 (announcement date).
Did The Pink Plumber change its name after the sale?
We have not confirmed either way.
Sources Reported — credible press
- ACHR News (2018-09-13) — trade press. Names The Pink Plumber, founded 1991 by Geoff Gillon, operating in Atlanta, Tampa and Dallas
Researcher notes: Included because the transaction transferred an operating Tampa Bay plumbing business, but the company was headquartered in Atlanta rather than in the Tampa Bay region. Treat as a partial-region deal; the Tampa branch's legal entity and license should be confirmed against Sunbiz/DBPR before publishing.
See something wrong? Request a correction — we publish our corrections log.
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