Acquisition Bolsters HomeServe’s HVAC and Installations Business in the Greater New York City Area
July 09, 2018 08:35 AM Eastern Daylight Time
NORWALK, Conn.–(BUSINESS WIRE)–HomeServe North America (HomeServe), a leading provider of service plans, repair and installation services for the home, today announced the acquisition of Gregg Mechanical. Gregg Mechanical, based in Staten-Island, was established in 1987 by Gregg Gaal to provide a variety of heating and air conditioning-related services to customers in Staten Island, Brooklyn and parts of New Jersey.
HomeServe’s growing HVAC business has been key to the company’s growth in North America. The company’s goal is to offer a complete solution to the installation, repair and maintenance of residential heating, air conditioning and water heating systems. The Gregg acquisition represents the company’s latest step in capturing a piece of the estimated $29 billion annual HVAC business opportunity in the U.S.
“There’s nothing more exciting than seeing our company continue on its growth trajectory by building out our HVAC business segment,” said HomeServe North America CEO John Kitzie. “For more than 30 years, Gregg’s customers have entrusted their homes to the company’s skilled technicians. Their shared commitment to HomeServe’s high-quality customer service makes them a natural fit for our company, and undoubtedly will continue as Gaal and his team become part of HomeServe.”
“When I started this company, I did it because I wanted to ensure people got the service they needed when they needed it. Over the years, I’ve surrounded myself with people who shared that same goal,” said Gregg Gaal. “As our companies come together, I know we’ll all continue doing what we do best: delivering quality repairs and installations. That’s long been our mission, and now we get to do it together with HomeServe.” Gaal will become General Manager of the Gregg business for HomeServe.
HomeServe has been doing HVAC repairs and installations in the greater New York City area since 2010. In Staten Island alone, HomeServe’s technicians completed service calls for nearly 12,000 customers in the last 12 months.
About HomeServe USA Corp.:
HomeServe USA Corp. (HomeServe) is a leading provider of home repair solutions serving 3.6 million customers across the US and Canada under the HomeServe, Home Emergency Insurance Solutions, Service Line Warranties of America (SLWA) and Service Line Warranties of Canada (SLWC) names. Since 2003, HomeServe has been protecting homeowners against the expense and inconvenience of water, sewer, electrical, HVAC and other home repair emergencies by providing affordable repair coverage, installations and quality local service. As an A+ rated Better Business Bureau Accredited Business, HomeServe is dedicated to being a customer-focused company supplying best-in-class repair plans and other services to consumers directly and through over 550 leading municipal, utility and association partners. For more information about HomeServe, a 2017 Connecticut Top Workplace winner and recipient of eighteen 2018 Stevie Awards for Sales & Customer Service, or to learn more about HomeServe’s affordable repair plans, please go to www.homeserveusa.com. To connect with HomeServe on Facebook and Twitter, please visit www.facebook.com/homeserveusa and www.twitter.com/homeserveusa.
Myles Meehan, 203-356-4259
Hill+Knowlton Strategies for HomeServe USA
Merrie Leininger, 775-846-0664
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