American Residential Services

Memphis, United States Founded: 1975 • Age: 51 yrs Acquired By Del-Air
Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses
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About American Residential Services

American Residential Services is a company based in Memphis (United States) founded in 1975 was acquired by Del-Air in September 2024.. American Residential Services has completed 9 acquisitions, including 4EcoServices, A J Perri and Allgood. American Residential Services offers products and services including Air Conditioning Services, Heating Services, Plumbing Services, and Electrical Services. American Residential Services operates in a competitive market with competitors including Wrench Group, Aeroseal, Goettl Air Conditioning, Hajoca and Nana, among others.

  • Headquarter Memphis, United States
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name American Residential Services Llc
Operational Areas
Business Services → Professional & Consulting Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    GI Partners

    & 3 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Del-Air

    & 1 more

    (Sep 12, 2024)

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Products & Services of American Residential Services

American Residential Services offers a comprehensive portfolio of products and services, including Air Conditioning Services, Heating Services, Plumbing Services, and Electrical Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Repairs and maintains air conditioning systems for efficient cooling.

Installs and repairs heating systems to ensure winter warmth.

Handles repairs and installations for pipes and water systems.

Provides wiring and outlet installations for home safety.

People of American Residential Services
Headcount 1000-5000
Employee Profiles 7
Employee Profiles
People
Scott Boose
Chief Executive Officer
People
Divakar Jandhyala
Chief Technology Officer
People
Chris Snow
Senior Vice President & CHRO
People
Kevin Worley
CIO And Vice President Of IT

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Funding Insights of American Residential Services

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (24 Oct 2006)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2020 Amount Private Equity Round - American Residential Services Valuation GI Partners
Oct, 2006 Amount Grant - American Residential Services Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in American Residential Services

American Residential Services has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include GI Partners, Del-Air and HUD Exchange. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Data infrastructure companies are targeted for private equity investments.
Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Resources and assistance are provided to HUD's community partners.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by American Residential Services

American Residential Services has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include 4EcoServices, A J Perri and Allgood. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Residential and commercial electrical and plumbing services are provided.
2020
Residential HVAC and plumbing repair services are provided.
2017
HVAC repair and plumbing services are provided in Santee.
2007
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - American Residential Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

American Residential Services Comparisons

Employees
+
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Competitors of American Residential Services

American Residential Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Wrench Group, Aeroseal, Goettl Air Conditioning, Hajoca and Nana, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Web application that enables tradesmen to create customized preventive maintenance programs
domain founded_year HQ Location
Duct sealing services are provided to homes and industries.
domain founded_year HQ Location
HVAC and plumbing services are provided by Goettl Air Conditioning.
domain founded_year HQ Location
Offers comprehensive HVAC repair, plumbing, and other maintenance services.
domain founded_year HQ Location
Multi-category grocery products are offered via an app-based retail platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on American Residential Services

Frequently Asked Questions about American Residential Services

When was American Residential Services founded?

American Residential Services was founded in 1975 and raised its 1st funding round 31 years after it was founded.

Where is American Residential Services located?

American Residential Services is headquartered in Memphis, United States. It is registered at Memphis, Tennessee, United States.

What does American Residential Services do?

American Residential Services, established in 1975, excels in consumer, professional consumer services, home-services, maintenance repair, and multi services. Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

Who are the top competitors of American Residential Services?

American Residential Services's top competitors include Aeroseal, Wrench Group and Nana.

What products or services does American Residential Services offer?

American Residential Services offers Air Conditioning Services, Heating Services, Plumbing Services, and Electrical Services.

How many acquisitions has American Residential Services made?

American Residential Services has made 9 acquisitions, including 4EcoServices, A J Perri, and Allgood.

Who are American Residential Services's investors?

American Residential Services has 4 investors. Key investors include GI Partners, Del-Air, HUD Exchange, and Charlesbank Capital Partners.

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