TSG Consumer Partners and Oak Hill Capital, both private equity firms, have partnered to make a minority investment in the Wrench Group, a residential HVAC, plumbing and electrical services company.

Based in Atlanta, Ga., Wrench Group is a home repair, replacement and maintenance services provider focused on HVAC, plumbing, water and electrical services. Existing investor Leonard Green & Partners will retain a majority interest in the company. Ken Haines will continue to serve as chief executive officer of Wrench Group.

“We look forward to maintaining the ideals and foundation on which this industry-leading business was built and to applying our consumer and technology expertise to Wrench Group’s robust operations to help unlock new growth opportunities, including expanding its geographic footprint and increasing its digital capabilities,” comments Michael Layman, managing director at TSG.