We are pleased to announce the sale of our client, Tiffany Air, LLC (dba Metro Service Company), to Royal House Partners, a holding of CPS Capital. The acquisition closed November 10, 2021.

Metro Service Company (MSC), located in Bethany, Oklahoma, is a leading air conditioning and heating contractor that specializes in commercial and residential projects.

In operation for over 30 years, the company has developed a broad set of capabilities and has completed work on a variety of projects. The company has strong relationships with key customers in a variety of markets.

CPS HVAC Partners (dba Royal House Partners), headquartered in Dallas, Texas, is a residential and commercial contractor which specializes in HVAC, Plumbing and Electrical services.

CPS Capital Partners (CPS), located in Toronto, Ontario, Canada, provides business owners with a unique structure that is an attractive option compared to traditional financial or strategic investors.

The firm is looking to partner with private companies whose owners are seeking liquidity or growth capital. CPS is primarily focused on opportunities within Canada and the United States. 

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Senior M&A Advisor, Fred Phillips, with support from Vice President, Mergers & Acquisitions, Jacob Mangalath, successfully closed the deal. Senior Managing Director Rick Buchoz established the initial relationship with MSC.

“This is an excellent example of building out a footprint of a larger established operator by acquiring a smaller well-established company, serving both long-time commercial and residential customers. It is a win-win for both parties,” said Phillips.