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NEW YORK, Dec. 15, 2020 /PRNewswire/ The Jordan Company, L.P. ( TJC ) today announced that an affiliate of The Resolute Fund IV, L.P. ( Resolute IV ) has acquired Heartland Home Services ( Heartland or the Company ) from North Branch Capital, LLC ( North Branch ). Resolute IV completed the acquisition in partnership with Heartland s existing management team and Cobepa, a global private equity firm that made a significant minority investment in the Company. North Branch will remain a minority investor in the Company.
Heartland is a leading technology-enabled provider of residential HVAC, plumbing, electrical and indoor air quality services in the Midwestern United States. The Company offers replacement, repair and maintenance services, with a large and growing installed base. Headquartered in Macomb, Michigan, the Company has completed nine acquisitions since 2017, strategically expanding its operations in Michigan, Ohio, Indiana, Kent