Written on: November 29, 2022 by ICM
Service Champions Group has acquired Service Wizard Heating & Air Conditioning of Austin, TX for an undisclosed sum.
Service Wizard is an established provider of air conditioning, heating and air quality services and a second-generation family business with brothers Charles and John Osgood at the helm. This acquisition marks Service Champions’ first step into the Texas market in one of the nation’s fastest growing cities. Service Champions is a portfolio company of Odyssey Investment Partners.
Frank DiMarco, Service Champions’ CEO is focused on acquiring businesses that fit the Service Champions culture, business model and operating philosophy.
“At Service Champions we continue to be focused on new business opportunities,” said Di Marco. “We challenge ourselves to explore opportunities that bring value to our existing portfolio and to our customer base. The acquisition of Service Wizard will be a significant accelerant for the company as we look toward future growth with companies that align with the foundation of Service Champions. Our customers are at the forefront of everything we do.”
“Charles and John Osgood have been in the Austin Air Conditioning industry for more than 40 years. They learned the value and reward of a happy customer as young men working at their family business, Osgood Heating and Air Conditioning. They know Austin, they know their customers and they consistently strive to offer great value and high-quality service. We are thrilled to welcome them to the Service Champions family as we continue to grow our national footprint,” added DiMarco.
“Our customers mean the world to us,” said Service Wizard Founder, Charles Osgood. “That’s why our team holds ourselves to the highest standards of behavior and service. We know this is in Service Champions’ DNA. Integrity is at their very core. Joining the Service Champions family allows us to provide a greater level of service to our community while remaining true to our values.”
“We believe in focusing on the comfort of our community. Our customers can count on our team to provide dependable repairs, installation and maintenance services by the best in the business. When you need Service Wizard, we always show up. We show up on time and equipped to get the job done,” added John Osgood. “It is our great privilege to join this exceptional organization.”
The acquisition of Service Wizard continues Service Champions’ commitment to expand its service area throughout the U.S. and strengthen its position as a leading home services company known throughout the country.