GI Partners

San Francisco, CA · ~$10-100B AUM

In one paragraph. GI Partners is a private equity based in San Francisco, CA managing roughly $10-100B in assets. In Tampa Bay its capital sits behind American Residential Services (ARS / Rescue Rooter), which together control 1 local brand.

Why it invests in the trades

Became majority investor in ARS/Rescue Rooter in September 2020 alongside Charlesbank, with Managing Directors Hoon Cho and Jeff Sheu publicly framing the plan as aggressive national footprint expansion. ARS operates in Florida including the Tampa market.

Platforms in Tampa Bay (1)

American Residential Services (ARS / Rescue Rooter)

Memphis, TN · 1 local brands

Local brands ultimately backed by GI Partners (1)

SOLD 2016 HVAC

Unique Air Services

Bradenton, Manatee County

Owned by American Residential Services (ARS / Rescue Rooter) · backed by Charlesbank Capital Partners

Brand retired after sale

Deals

May 2, 2016
ARS/Rescue Rooter acquires Bradenton's Unique Air Services

Acquisition Unique Air Services → American Residential Services (ARS / Rescue Rooter) (backed by Charlesbank Capital Partners)

Frequently asked

What does GI Partners own in Tampa Bay?

Unique Air Services, through American Residential Services (ARS / Rescue Rooter).

Is GI Partners a private-equity firm?

Yes.

How long will GI Partners hold these companies?

Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.

Sources Verified — primary document

GI Partners (2020-09-15) — press release. Majority investment; Cho and Sheu quotes
Robert W. Baird — other. Advisor tombstone: GI Partners majority investment in ARS

Researcher notes: ARS's specific Tampa Bay branches were not verified in this pass. HQ and AUM band from general knowledge.

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