Metro Plumbing, Heating and Air, a widely recognizable Chattanooga service brand founded in 1989, sold majority ownership to a company backed by private equity with a goal to double its local reach.
The company will also look at expanding into other Southeast markets like Knoxville or Huntsville in the next few years, said CEO Drew Hardin, who retained leadership and a minority stake after the sale.
USA Hometown Experts, a portfolio company of Atlanta-based MSouth Equity Partners, bought Metro in a sale announced Tuesday.
The company is building a network of home services brands across the Southeast that are leaders in their markets, according to a press release. It has nine locations.
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