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Jun 30, 2023

Rush Street Ventures Completes its 4th Home Services Acquisition, Arrow Plumbing

LIBERTYVILLE, Ill. (PRWEB)

LIBERTYVILLE, Ill. (PRWEB) June 06, 2023

Rush Street Ventures is excited to add Arrow Plumbing ("Arrow") to our Chicagoland Home Services Platform, Harmonic Heating & Air Conditioning. Arrow Plumbing is the 4th business in Harmonic's family of companies, joining Harmonic Heating & Air Conditioning, Harmonic Home Services, and Official Heating & Cooling to serve customers who reside in the North Shore, Northwest Suburbs, and Western Suburbs of Chicago.

Arrow Plumbing, headquartered in Libertyville, Illinois, serves customers in the surrounding towns including Lake Forrest, Lincolnshire, Vernon Hills, and others. The previous owners operated the business for 27 years and were ready to transition to the next chapter. Harmonic is excited to offer Heating, Ventilation, and Air Conditioning (HVAC) services to Arrow’ Plumbing's existing customer base, and plumbing services to our existing HVAC clients who reside near Harmonic's Crystal Lake office.

Jeremy Hesselink, CEO of Harmonic, said, "Arrow Plumbing is an acquisition that immediately benefits our existing customers, while adding to our overall service coverage of the Chicago suburbs. We now have a physical office in Naperville, Crystal Lake, and Libertyville, Illinois. This enables us to service both HVAC and Plumbing issues for our clients with the same level of customer service they have been accustomed to from Harmonic. We are thrilled that John and Karen chose our team to steward their family business that they’ve successfully grown over the past 27 years."

Ken Stevens will be leading Arrow Plumbing as General Manager. Ken joined Harmonic Home Services as the lead plumber in 2022, after 8 years of operating and exiting a plumbing company that he founded in 2013. Ken achieved his plumbing license in 2008, and his cross-connection control device inspectors’ license in 2013. Ken also completed 2 years of plumbing school at Associated Builders and Contractors.

About Harmonic Heating & Air Conditioning Founded in 2013, Harmonic (Harmonic Heating & Air Conditioning, Harmonic Home Services, and Official Heating & Cooling) provides heating, air conditioning, plumbing, electrical, home renovation and handyman services to residential and commercial customers in Naperville, Crystal Lake, and the surrounding suburbs. As a licensed Carrier provider, Harmonic makes homes smarter, healthier, & more efficient. For more information about Harmonic Heating & Air Conditioning, Harmonic Home Services, and Official Heating & Cooling, please visit http://www.harmonichvac.com or http://www.harmonichomeservices.com or http://www.officialhvac.com.

About Rush Street Ventures Rush Street Ventures (RSV) is the private investment arm of Rush Street Capital, a middle-market investment banking firm. With offices in Chicago, Phoenix, and Naples (FL), RSV is focused on partnering with exceptional management teams that operate industrial, manufacturing, and tech-enabled business services companies. With an experienced team of investors, entrepreneurs and finance professionals, Rush Street is focused on building long-term relationships and investments. For more information about Rush Street Ventures please visit http://www.rushstreetventures.com.Rush Street Capital | 125 S Wacker, Chicago, IL 60604

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