Red Cap Plumbing & Air

Overview

Red Cap Plumbing & Air is a full-service HVAC, plumbing, electrical, and drain company serving the Tampa Bay area. Known for its distinctive red branding and strong local reputation.

Ownership History

Founded in 2003 as a locally-owned plumbing and air conditioning company. Acquired by Wrench Group in April 2021, becoming the third Tampa Bay brand in the Wrench Group portfolio.

Deal Details

Acquired by Wrench Group in April 2021. The company continues to operate under its original brand and leadership.

Operational Changes

Brand name retained. Integrated into Wrench Group's centralized operations. Membership plans and flat-rate pricing expanded. Access to Wrench Group's procurement and marketing resources.

Market Impact

Red Cap's acquisition gave Wrench Group a third major Tampa Bay brand, further consolidating the market under PE ownership.

Key Events

Parent Platform