Acquisitionverified

P1 Service Group partners with Land O' Lakes contractor Cornerstone Pros

What happened. Chicago-based P1 Service Group, backed by The Edgewater Funds and River Sea Network, announced a partnership with Cornerstone Pros of Land O' Lakes, a nearly 20-year-old HVAC, plumbing, electrical and indoor-air-quality contractor serving the Tampa Bay area. P1 targets home-services businesses with $10-$100 million of revenue under a stated 'people first' model. Founder Dana Spears said P1 supported the company's mission of honesty, integrity and quality work. Terms were not disclosed and no rebrand was announced.

Parties

Company
Cornerstone Pros · Land O' Lakes, Pasco County
Buyer
P1 Service Group
Capital
The Edgewater Funds
Price
Not disclosed
The name on the truckCornerstone Pros
Land O' Lakes, Pasco County
Operating ownerP1 Service Group
Chicago, IL

Other Tampa Bay brands under P1 Service Group: Frosty's Air Conditioning.

What this kind of deal tends to mean for customers and staff: pricing · sales pressure · technicians · the exit clock.

Sources Verified — primary document

  1. PR Newswire / P1 Service Group (2024-11-12) — press release. Primary announcement
  2. P1 Service Group (2026-09-09) — platform site. Brand roster confirming retention

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