SDR Ventures Advises Done Plumbing & Heating on Acquisition by Radiant Plumbing & Air Conditioning, a Portfolio Company of The Riverside Company
SDR Ventures is pleased to announce that Done Plumbing & Heating (“Done” or “the Company”) has been acquired by Radiant Plumbing & Air Conditioning (“Radiant”), a portfolio company of The Riverside Company (“Riverside”). SDR served as the exclusive sell-side advisor to Done throughout the transaction process.
Family-owned and people-focused since its inception, Done Plumbing and Heating has been providing the Denver Metro with exceptional service since 1999. From the moment the Company was created, it has been relentlessly focused on people over profits. The multi-generational family business was formed after recognizing a void of reputable and reliable plumbing companies, so they took matters into their own hands.
For the past 20+ years, Done has operated on simple principles that keep the client top-of-mind.
Done is the kind of business that always has a person answer the phone, calls when they’re on the way, and won’t bill you more because the sun is down. A Company and team that stands behind their work with fair, consistent pricing and a workmanship guarantee.
“I would like to thank SDR Ventures on behalf of the entire Metz family and our family at Done Plumbing & Heating. From start to finish, SDR exceeded our expectations of what an advisor could bring to the table. Their M&A process seamlessly navigated us through the high-intensity market landscape in record time,” added Jeromy Metz, President of Done. “While the efficiency of SDR’s process was impressive, the results they achieved on our behalf are critical to the future success of the company. The entire team at Done could not be more thrilled to partner with and grow alongside Radiant and Riverside.”
“After working with Done’s leadership team to evaluate a wide range of potential options in a very dynamic market, Radiant emerged as the perfect partner to ensure that the Company’s stellar reputation would be preserved for generations to come. Furthermore, a partnership with Radiant will accelerate the career development of all the hardworking folks at Done throughout the Company’s exciting next chapter. The SDR Ventures team is eager to watch Done bolster its market leadership for years to come,” commented Logan Bohlender, Associate at SDR Ventures.
Austin, Texas-based Radiant Plumbing & Air Conditioning has been offering plumbing, drain cleaning, heating, and air conditioning services since 1999. Radiant has garnered a memorable presence in the Austin community for its captivating take on plumbing and HVAC advertising. Aside from Radiant’s engaging and entertaining branding, its service experience provides an impactful first impression that cannot go unnoticed. Online, Radiant holds a 4.9-star Google rating with over 7,200 reviews. The positive community response shows that they have not only embraced Radiant’s upbeat persona, but they value the high commitment to service and craftsmanship that is showcased with every home visit.
“We are thrilled to partner with Jeromy, Lucas, and the entire Done team,” said Brad Casebier, Co-Founder and CEO of Radiant. “Radiant’s mission is to enhance the lives of our employees, customers, and communities that we serve, and Done shares those same cultural principles. We are excited to continue growing the impressive brand and business that the Metz family and Done have built.”
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