XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as advisor to Advantage Plumbing & Sewer (APS) on its sale to Four Seasons Heating & Air Conditioning (Four Seasons), a portfolio company of Cortec Group.

APS, headquartered in Elgin, IL, is a leading provider of residential and commercial/industrial plumbing, drain cleaning, and sewer maintenance, repair, and installation services. Established a decade ago, APS offers on-demand 24/7 services and completes over 5,000 service calls annually. With approximately 73% of its revenue derived from residential services and 27% from commercial/industrial services, APS has built a solid reputation for reliability and efficiency.

Four Seasons, headquartered in Chicago, IL, is the leading provider of HVAC, plumbing, and electrical repair and replacement services to homeowners in the Chicagoland area. Since its inception in 1995, Four Seasons has been committed to delivering high-quality service and value to its customers, making it the largest and most trusted provider in its markets. Four Seasons is a portfolio company of New York-based Cortec Group, a private equity firm that partners with entrepreneurial management teams to drive growth.

Brian McKenna, President of APS, commented, “The XLCS team was instrumental in guiding us through the process and helping us find the perfect partner for APS. Their deep industry expertise, strategic insights, and commitment to achieving the best possible outcome were clear from the start. Thanks to Anthony and the XLCS team, we are confident that Four Seasons is the ideal fit, and we’re excited for what lies ahead.”

XLCS Partners acted as the exclusive M&A advisor to APS, and the transaction was led by Anthony Contaldo, Partner. The transaction was completed on June 26, 2023.

About XLCS Partners, Inc.
XLCS Partners is an investment banking firm providing M&A advisory services to select clients globally. More information is available at www.xlcspartners.com.