
Generational Group Advises PJ’s Plumbing & Heating in its Sale to R&H Mechanical
By Generational Group
01/10/2024
Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client EMC Enterprises, LLC (dba PJ’s Plumbing & Heating) to R&H Mechanical, Inc. The transaction closed January 5, 2024.
Founded in 1982, PJ’s Plumbing & Heating (PJ’s), located in Belgrade, Montana, installs, remodels, designs, and services all aspects of plumbing, heating, and geothermal systems. The Company also has a service department to properly maintain these systems, with emergency service available 24 hours a day, including weekends and holidays.
Revenue is generated from new construction plumbing, service of existing systems, new construction heating, and equipment replacement. PJ’s differentiates itself on several key fronts including superior customer service, high-quality work, and a positive work culture where employees are valued and appreciated.
Located in Eagle, Colorado since 1995, R&H Mechanical’s mission as an Employee Owned Company is to provide Engineering, Mechanical and Plumbing Services to Alpine Markets in the United States. To do this, they have established a culture that supports each team member, so R&H can provide a world class customer experience. R&H, Climate Control and Rader Engineering are excited to have the PJ’s Team join the ESOP!
Generational Group Executive Managing Director of M&A – Western Region, Stephen Crisham, and his team, led by Managing Director – M&A, Chad Comroe, with support from Sr. Managing Director – Western Region, Lori Galloway, closed the transaction. Senior Managing Director Joe Van Voorhis established the initial relationship with PJ’s.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.