Sundream Acquires Atlantic Plumbing Services
Deal Facilitated by Viking Mergers & Acquisitions
Sundream, a prominent entity in the Plumbing and HVAC service sectors, has successfully acquired Atlantic Plumbing Services (APS), a reputable plumbing company known for its exceptional service. With a strong presence in residential, commercial, and new construction projects, APS has established itself as a reliable name in the plumbing industry.
APS was founded over 15 years ago by Kyle Jones, who has played a pivotal role in building the company's stellar reputation. Under his leadership, APS has become synonymous with dependability and high-quality plumbing work, serving the local community and taking on larger commercial projects across the region.
Continued Leadership for Reliability
Kyle Jones will remain actively involved in the business, ensuring continuity for employees and customers. His commitment to maintaining the high standards APS is known for remains unwavering. As the company grew, Jones recognized the necessity of bringing in additional operational support to manage the expanding scope of services effectively.
"I'm incredibly proud of what we've built," said Jones. "The company outgrew me from an ownership standpoint, and I wanted to ensure it continued growing with the right leadership in place. Sundream has a strong track record of supporting businesses like ours, and I'm thrilled to keep doing what I love while contributing to its future success."
A Partnership with Vision
Sundream emphasizes partnerships with local enterprises, focusing on an operator-first approach. This strategy promotes day-to-day involvement in its businesses, enhancing team support and operational efficiencies for fostering long-term growth.
"APS is a phenomenal fit for our platform – both strategically and culturally," remarked Dan Tulchin from Sundream. "Kyle has built a solid operation, and we are excited about the future of the company. We aim to continue serving the St. Augustine community while creating cherished experiences for our customers throughout Florida. Our collaboration with Viking was exceptional throughout this transaction."
Expert Guidance from Viking M&As
The successful transaction was facilitated by Viking Mergers & Acquisitions, led by Senior Advisor Jacob Middleton and Associate Advisor Dylan Bradley from their Florida Division. Their expertise has proven beneficial across four prior acquisitions involving Sundream, showcasing Viking’s commendable reputation for connecting business owners with fitting long-term partners.
With Kyle Jones remaining in his active role, the APS team will continue to oversee daily operations. This structure positions APS favorably for its next growth chapter under the supportive guidance of Sundream.
About Sundream
Sundream specializes in owning and operating HVAC and Plumbing businesses throughout the Southeast, partnering with local operators to build sustainable and long-lasting companies. Employing a unique blend of operational support and local leadership ensures that each business can thrive while maintaining the core values that define them.
About Viking Mergers and Acquisitions Florida Division
Viking Mergers & Acquisitions specializes in supporting business owners across the spectrum of annual revenues. With comprehensive business valuation services and exit planning strategies, Viking plays a significant role in shaping the future of small and middle-market businesses.
Establishing itself as one of the largest and most successful mergers and acquisitions firms in the country, Viking operates numerous offices across the United States. With a commendable track record of closing deals and attaining exceptional outcomes for sellers, Viking’s relentless pursuit of excellence stands out in the industry.
Frequently Asked Questions
What prompted the acquisition of Atlantic Plumbing Services?
The acquisition was driven by Sundream's aim to enhance its service capabilities within the plumbing sector and to ensure continued growth for Atlantic Plumbing Services under experienced leadership.
Who will remain in charge of Atlantic Plumbing Services after the acquisition?
Kyle Jones, the founder of APS, will stay on to manage the operations and maintain the high service standards that APS customers expect.
What is Sundream's operational approach?
Sundream employs an operator-first strategy, engaging directly in daily business operations to improve support and drive long-term growth.
What role did Viking Mergers & Acquisitions play in this deal?
Viking Mergers & Acquisitions facilitated the transaction, providing expert guidance to ensure a smooth acquisition process for both Sundream and Atlantic Plumbing Services.
How long has Atlantic Plumbing Services been in business?
Atlantic Plumbing Services has been operational for over 15 years, building a solid reputation through dependable service and quality workmanship.
