has been recapitalized by
Stiles is a leading provider of commercial and residential HVAC, plumbing, and building controls services.
has been recapitalized by
Stiles is a leading provider of commercial and residential HVAC, plumbing, and building controls services.
About
Stiles Heating and Cooling, Inc. ("Stiles" or the "Company") is a leading provider of commercial and residential HVAC, plumbing, and building controls services across Georgia and South Carolina.
Situation
Stiles engaged Croft & Bender to help the Company find a partner to provide shareholder liquidity, support its next stage of growth, and provide a path to transition the business to the next generation of leadership. Croft & Bender worked with the Company to develop marketing materials, build a financial model, conduct management presentations, manage the diligence process, and negotiate with potential buyers.
Result
Croft & Bender successfully negotiated a majority recapitalization with Garnett Station Partners.