Wrench Group’s Acquisition of NexGen

Venable LLP represented NexGen Air Conditioning and Heating LLC and NexGen Plumbing and Drain LLC (collectively, “NexGen”) on the deal.

NexGen Air Conditioning and Heating LLC and NexGen Plumbing and Drain LLC (collectively, “NexGen”), one of the top home services providers in Southern California, announced its acquisition by the Wrench Group, a national leader in home services.

Founded six years ago, NexGen has eight locations across Los Angeles County, Orange County, and Riverside County providing more than 100,000 homeowners with heating, air conditioning, plumbing, drain cleaning, and air quality services. This is Wrench Group’s first acquisition and expansion into Southern California, the nation’s second-largest home services market. Its family of brands now operates in 21 markets nationwide, including a presence in six of the ten largest markets in the United States.

The Venable team leading the NexGen-Wrench Group transaction included Matthew Portnoff (Picture), Max Wellman, Chris Davidson, and Tom France.

Involved fees earner: Christopher Davidson – Venable LLP; Thomas France – Venable LLP; Matthew Portnoff – Venable LLP; Max Wellman – Venable LLP;

Law Firms: Venable LLP;

Clients: Nexgen Air Conditioning Heating and Plumbing;

Martina Bellini

Author: Martina Bellini