- The deal adds plumbing and drain services to the buyer’s existing HVAC offering
- Shipley will rebrand under the Presidential name following the deal
- Move extends Southern Home Services’ network of local home-services brands
Gryphon Investors-backed Presidential Heating & Air Conditioning has acquired Shipley Plumbing, Heating & Air Conditioning, for undisclosed terms. Shipley will become part of Presidential and transition to the Presidential name.
The deal expands Presidential’s service lineup to include plumbing, drain clearing, and water heater maintenance, repair and replacement, alongside fixture installation. Presidential, founded in 1982, serves homeowners in Montgomery County, Maryland, Washington, DC, and surrounding communities, and is part of the Southern Home Services network.
The acquisition supports Southern Home Services’ strategy of strengthening its established local centers through complementary partnerships, with Presidential continuing to benefit from shared resources, training and operational support across the network.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.
