Service Champions Group, a provider of plumbing, heating and air conditioning services and a portfolio company of Odyssey Investment Partners, has bought Service Wizard Heating & Air Conditioning, an air conditioning, heating and air quality services company in Austin, Texas.
Service Wizard is a second-generation family business led by brothers Charles Osgood and John Osgood. The deal marks Service Champions’ first step into the Texas market and continues the company’s focus on expanding its service area throughout the U.S.
“At Service Champions we continue to be focused on new business opportunities,” says Frank DiMarco, Service Champions’ CEO. “We challenge ourselves to explore opportunities that bring value to our existing portfolio and to our customer base. The acquisition of Service Wizard will be a significant accelerant for the company as we look toward future growth with companies that align with the foundation of Service Champions.”