has been acquired by

Roher Capital

Group, LLC


J.R. Hobbs designs and installs
HVAC systems for the multi-
family housing industry.

The undersigned acted as financial advisor to JR Hobbs in this Transaction

JR Hobbs

Description

J.R. Hobbs is a leading design/build contractor for heating, ventilation, and air-conditioning systems in the multi-family housing construction industry. The Company designs, supplies, installs, and services high-quality HVAC systems for multi-dwelling units (MDUs) including apartments, student housing, and military housing in Georgia, Florida, Alabama, North Carolina, South Carolina, and Tennessee.

Situation

The Company’s founder and owner was 67 years old and had decided to diversify his assets through the sale of the Company. J.R. Hobbs engaged Croft & Bender to advise the Company through a complete exclusive sale process, which included valuing the Company, identifying potential acquirers, drafting the offering memorandum, marketing the Company, selecting a partner, and negotiating the transaction.

Result

Croft & Bender successfully negotiated a sale to Roher Capital Group.