We buy home service companies. Then we operate them.
Operator-led acquisitions of residential HVAC, plumbing, and electrical businesses.
Sell us your businessFrost & Flow buys residential HVAC, plumbing, and electrical companies and runs them for the long term. We are not a private equity fund and we are not brokers. We are operators, and we buy companies to run them, not to resell them.
Every brand in the group carries the name it has always had, because the name is most of what a good home service company is worth.
Our team built one of the largest home service companies in the Southwest.
We are not a private equity fund. There is no clock and no exit scheduled, but that is a fact about our structure, not a reason to trust us with what you built. The reason is who does the operating.
The board of Frost & Flow has owned and run residential home service companies considerably larger than the ones we buy.
Chairman
Director
Director
Your name stays on the truck
We do not rebrand. The company you built keeps its name, its logo, its phone number, and its reputation in the towns it already serves. The local brand is the asset. Erasing it would mean destroying what we just paid for.
Your people keep their jobs
No layoffs at close. Your managers stay managers, your technicians stay on the same trucks, and benefits stay at least as good as they were. We are buying a working team, not a customer list.
No private equity clock
We are not a private equity fund, so there is no five-year timeline forcing a sale and no exit scheduled. We buy to operate, not to flip to a larger buyer, which means the decisions we make in year one are decisions we expect to still live with in year ten.
Most owners we speak to have already taken a call from a private equity firm, and most of them did not enjoy it. It is worth being precise about what makes that offer different from ours, because it is not that they are bad people. It is how the money is built.
A typical private equity buyer
Buys with money that has a return date attached to it, usually three to seven years out. Consolidates your brand into a regional roll-up name. Cuts overhead to hit a margin target before the next sale. Your company becomes a line item in someone else's exit.
Frost & Flow
Not a private equity fund, so no clock and no sale planned. Keeps your name, your team, and your local reputation intact. Run by people who have operated home service companies at this scale rather than only invested in them. Your company stays your company, with more behind it.
The money has a due date
A private equity fund is money raised from outside investors who have been promised it back, with a return, on a schedule. Usually three to seven years. That schedule is an obligation to those investors and it does not bend around your company. Almost everything that happens to your business after close runs downstream of it. Frost & Flow is not a fund, so there is no such schedule and no date by which anything has to happen.
You get sold again, and you do not pick the buyer
When the clock runs out your company is sold to whoever pays the most, very often a larger roll-up. That second buyer is the one who actually decides what happens to your name, your managers, and your crews. You will have spent months vetting the first buyer and you will have no say at all in the second. That is the part owners tend to learn afterwards.
Margin has to go up before that sale
A buyer on a clock needs the numbers to look better by the exit, and the fastest lever is overhead. That means the dispatcher, the office manager, the service coordinator who knows half your customers by name. The people whose value is obvious in the shop and invisible in a spreadsheet. We are buying a working team, so cutting it would mean destroying the thing we just paid for.
You deal with the people who will run it
At a fund you meet an associate, then a deal team, then a different operating partner after close, and nobody who shook your hand is still involved by year two. Here you deal with the people who will be responsible for your company, and they are the same people two years later and five years later.
Colorado · Operating since 2025 · Acquired 2026
Colorado · Operating since 2025 · Acquired 2026
Delaware · Maryland · Virginia · Since 2026
Held through Journeyman Home Services
No. Some owners stay for years, some hand over the keys in ninety days. Tell us what you want and we will build the deal around it.
No. If you have one, we will work with them. If you do not, you will not pay a fee for the privilege of talking to us.
A multiple of adjusted earnings, informed by your service mix, recurring maintenance base, review profile, and how much of the business depends on you personally. We will walk you through our math rather than hand you a number.
Frost & Flow’s affiliate, Journeyman Home Services, assumes operations of Precision Plumbing
The Delmarva plumbing contractor is the first company operated by Journeyman Home Services.
Warm Welcome adds electrical
Frost & Flow’s third trade in the Denver metro. The brand now covers plumbing, air, drains and electric.
Frost & Flow acquires Hot Water Now! and Warm Welcome
The group takes ownership of the two Denver brands it has operated since 2025, financed with a $1.3 million SBA 7(a) loan.
Thinking about what comes next?
Every conversation is confidential. No brokers required, no obligation, and if it goes nowhere nobody finds out it happened.
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