CPS Capital-backed RHP acquires HVAC firm SOS Mechanical

RHP is a provider of residential and commercial HVAC, plumbing and electrical services.

  • RHP was founded in 2021 by CPS Capital and 1801 Holdings
  • It has developed a residential and light commercial HVAC, plumbing and electrical roll-up strategy
  • The addition of SOS is RHP’s fourth Texas investment in the last 12 months

Royal House Partners, which is backed by CPS Capital, a Canadian private equity firm, has invested in Round Rock, Texas-based SOS Mechanical, a heating, ventilation and air conditioning (HVAC) business. No financial terms were disclosed.

RHP is a provider of residential and commercial HVAC, plumbing and electrical services in Texas, Tennessee, Missouri, Arkansas and Oklahoma.

RHP was founded in 2021 by CPS Capital and 1801 Holdings, a Dallas-based group of seasoned home services professionals. It has developed a residential and light commercial HVAC, plumbing and electrical roll-up strategy.

The addition of SOS is RHP’s fourth Texas investment in the last 12 months.

Allison Hale, a general manager at SOS, said in a statement, “I am so excited to take the company my father Steve Osteen has built and usher SOS Mechanical to its next phase while he enjoys retirement. I know we have found the perfect partner with Royal House Partners.”

Based in Toronto, CPS Capital invests in lower mid-market opportunities in North America.