Private-equity platformreported

TurnPoint Services

In one paragraph. TurnPoint Services is a private-equity platform. Its capital has come from Trivest Partners, OMERS Private Equity. In Tampa Bay it owns no confirmed brands yet.
PlatformTurnPoint Services
Capital behind it
Trivest Partners
Coral Gables, FL

How it operates

Residential HVAC, plumbing and electrical platform built under Miami-based Trivest Partners and sold to OMERS Private Equity — the Ontario municipal pension fund's PE arm — in November 2020, an early example of pension capital entering the residential trades. Its Florida activity in this period was Central/East Florida (e.g., Ellington A/C & Heat of Rockledge in March 2020) rather than Tampa Bay.

Tampa Bay brands (0)

No Tampa Bay brand confirmed yet — tell us if you know one.

Capital events

Recapitalizations, sponsor changes, debt raises, bankruptcies and exits at the platform level. These set the clock that local brands live on.

  • exit — Trivest Partners announces the sale of TurnPoint Services to OMERS Private Equity; BlackArch Partners advised Trivest. [source]

Frequently asked

Who owns TurnPoint Services?

TurnPoint Services is owned by its investors — Trivest Partners, OMERS Private Equity — together with management.

Which Tampa Bay companies does TurnPoint Services own?

None confirmed in our database yet.

Does TurnPoint Services keep the local brand names?

Residential HVAC, plumbing and electrical platform built under Miami-based Trivest Partners and sold to OMERS Private Equity — the Ontario municipal pension fund's PE arm — in November 2020, an early example of pension capital entering the residential trades. Its Florida activity in this period was Central/East Florida (e.g., Ellington A/C & Heat of Rockledge in March 2020) rather than Tampa Bay.

Is TurnPoint Services private equity?

Yes — it is a private-equity-backed platform (see the capital chain above).

Sources Reported — credible press

  1. Business Wire / Trivest Partners (2020-11-17) — press release. Sale to OMERS Private Equity
  2. BlackArch Partners — press release. Sell-side advisor tombstone
  3. Business Wire (2020-03-02) — press release. Ellington A/C & Heat, Rockledge FL — Brevard County, outside Tampa Bay MSA

Researcher notes: No Tampa Bay brand identified. Releases were not fetched in full; HQ, CEO and brand count are gaps.

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