Church Services Completes Recapitalization
Fort Point Capital to Support Continued Growth and Expansion
March 26, 2012
Houston, TX — Fort Point Capital, a private equity firm that invests in small service-oriented companies, announced that it has completed a recapitalization of Church Services, a leading provider of residential heating, ventilation and air conditioning (HVAC), electrical, plumbing, foundation repair, and pest control services in the greater Houston, Dallas and Austin metropolitan areas.
Fort Point’s investment will enable Church Services to continue its strong growth across its various lines of service, allowing the company to meet more of homeowners’ repair, maintenance and replacement needs. A relentless focus on customer service over the past 21 years has afforded Church Services extraordinary customer loyalty.
With the close of the recapitalization, Church Services’ Founder and CEO, Chris Church, and COO, Robert Shelton, will continue to lead the business. Mr. Church commented, “Fort Point is the perfect partner for Church Services during this next stage of growth. As successful investors in service-oriented companies, Fort Point Capital possesses knowledge of best practices across a diverse range of services industries. At the same time, Fort Point’s focus on growing small businesses is a great match for our growth strategy.”
Brooke Ablon, Partner at Fort Point Capital, added, “We welcome Church Services into the Fort Point Capital portfolio and look forward to working with such a talented and dedicated management team. Church Services’ market leadership and stellar reputation in the residential services industry, demonstrated by multiple Angie’s List™ Superior Service and Better Business Bureau Pinnacle Awards, reflects their differentiated offering to the market.”
About Church Services
Headquartered in Houston, TX, Church Services is a leading regional provider of residential repair, maintenance and replacement services in the areas of (i) HVAC, (ii) electrical, (iii) plumbing, (iv) foundation repair, and (v) pest control in the major metropolitan areas of Houston, Dallas, and Austin. For more information, please visit: www.churchservices.com.
About Fort Point Capital
Fort Point Capital is a private equity firm that invests $5 to $25 million in growing, service-oriented, lower middle market companies across a range of sectors, including business services, healthcare, consumer, and software and information. The founders of Fort Point previously worked for leading middle market private equity firms including The Riverside Company and Great Hill Partners. For more information, please visit www.fortpointcapital.com.