76.7 F
San Fernando
Monday, Jan 13, 2025

Capital Inflow at Repipe Specialists

 Burbank-based Repipe Specialists has been acquired. 

Gryphon Investors, a San Francisco-based middle-market private equity firm, has bought the company in partnership with Repipe’s owner and founder Jeff Butler, who will remain a significant shareholder. Financial terms of the transaction were not disclosed. 

Founded in 1991, Repipe is a home services company that gives lead generation, customer qualification, sold projects, training and billings to plumbing companies providing re-piping services for single and multifamily customers. Repipe increases the revenues of its plumbing partners by focusing on non-plumbing aspects of the projects to enable them to focus on their core competencies. 

Repipe works as a marketing agency for plumbers in 10 states currently and plans to expand into additional regions under its partnership with Gryphon. 

“I am excited to team with Gryphon, which has a long and successful history of working with family and founder-owned companies,” Butler said in a statement. “Gryphon’s excellent operating and financial resources will support us as we maintain the highest quality standards for our customers.”  

Added Jeff Rogers, managing director in Gryphon’s Operations Resources Group: “We are delighted to join forces with Jeff and the Repipe team to invest behind a multitude of growth opportunities.” 

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

Featured Articles

Related Articles