Wrench Group, LLC majority owned by Leonard Green & Partners
Current connection · majority with management
Leonard Green and management retained a majority interest.
From 2022-11-09 · End date not given · Checked 2026-07-26 · Link R019 S016 S017
Who owns this business? · HVAC · plumbing
Lindstrom Air Conditioning & Plumbing
Owner or operating group
Wrench Group
Wrench Group; Leonard Green & Partners and management retain a platform majority
Backed by an investment firmSources confirm the link
What the sources say
The sources below support these connections as of the dates shown. Exact ownership percentages are often private.
- Owner or investor named in sources
- Wrench Group; Leonard Green & Partners and management retain a platform majority
- How much they own
- Current Wrench platform affiliation documented; exact Lindstrom equity and consideration are undisclosed.
- Business details checked
- 2026-10-26
- Oldest ownership check
- 2026-07-26
Wrench’s dated release says Lindstrom joined the platform and retained its brand; it does not state a brand-level equity percentage or separate close date. Existing upstream evidence separately identifies Leonard Green and management as retaining a platform majority and TSG and Oak Hill as minority investors.
Business ID: US016. Ownership sources: US-S023 US-S024 US-S025 S016 S017. Ownership can change after the date checked.
Who owns whom
Owner or business nameOperating group or investmentFranchise, minority stake, or owner claimUnconfirmed or past
4 links · sources and details
Lindstrom Air Conditioning & Plumbing portfolio company of Wrench Group, LLC
Current connection · platform affiliation; exact brand-level equity undisclosed · Observed 2026-10-26 US-S023 US-S024
Wrench’s dated release and current brand directory establish platform affiliation; exact Lindstrom equity and a separate close date are undisclosed.
Wrench Group, LLC majority owned by Leonard Green & Partners
Current connection · majority with management · Observed 2026-07-26 S016 S017
Leonard Green and management retained a majority interest.
Wrench Group, LLC minority investment from TSG Consumer Partners
Current connection · significant minority · Observed 2026-07-26 S016
Significant minority investment.
Wrench Group, LLC minority investment from Oak Hill Capital
Current connection · significant minority · Observed 2026-07-26 S016
Significant minority investment.
All 4 connections, including past ones
Wrench Group, LLC minority investment from TSG Consumer Partners
Current connection · significant minority
Significant minority investment.
From 2022-11-09 · End date not given · Checked 2026-07-26 · Link R020 S016
Wrench Group, LLC minority investment from Oak Hill Capital
Current connection · significant minority
Significant minority investment.
From 2022-11-09 · End date not given · Checked 2026-07-26 · Link R021 S016
Lindstrom Air Conditioning & Plumbing portfolio company of Wrench Group, LLC
Current connection · platform affiliation; exact brand-level equity undisclosed
Wrench’s dated release and current brand directory establish platform affiliation; exact Lindstrom equity and a separate close date are undisclosed.
From 2022-02-10 · End date not given · Checked 2026-10-26 · Link US-R018 US-S023 US-S024
Acquisitions and changes
A deal’s announcement and closing can happen on different dates. A sale of a franchise system can leave the local franchise owner unchanged.
- 2022-11-09
Announced · recapitalization / minority investment · Status at snapshot: Deal closed
Wrench Group
Buyer: TSG Consumer Partners and Oak Hill Capital
Abacus remains a Wrench subsidiary.
- Announced
- 2022-11-09
- Deal closed
- 2022-11-09
- Stake bought
- significant minority; Leonard Green and management retained majority
- 2022-02-10
Announced · platform partnership · Status at snapshot: Deal closed
Lindstrom Air Conditioning & Plumbing
Buyer: Wrench Group, LLC
Current Wrench brand; exact brand-level interest undisclosed.
- Announced
- 2022-02-10
- Deal closed
- Closing date not given
- Stake bought
- not disclosed
The issuer says Lindstrom joined Wrench; no acquisition label, consideration or separate close date is assumed. US-S023 US-S024
What we don’t know
medium priority · Question US-U005
What exact Lindstrom interest and closing date apply, and which legal operating entity runs Comfort Wave?
Lindstrom platform affiliation and Comfort Wave greenfield operation are documented; brand-level legal interests remain undisclosed.
What would answer this: Transaction documents, operating-entity filings or explicit company disclosure. · Checked 2026-10-26
5 public sources
Open a source for its dates, the connection it supports, and a link to the original.
US-S023Lindstrom Air Conditioning & Plumbing joins Wrench GroupWrench Group · Acquisition announcement
- Published
- 2022-02-10
- Checked
- 2026-10-26
- Source quality
- Grade A · From a company, buyer, seller, or filing
- Publisher group
- wrench_release
- Source type
- first-party transaction statement
Wrench reports Lindstrom joined its platform and retained local branding.
The release does not disclose consideration, equity percentage or a separate legal closing date.
US-S024Wrench Group — BrandsWrench Group · Owner or business-group website
- Published
- Date not given
- Checked
- 2026-10-26
- Source quality
- Grade A · From a company, buyer, seller, or filing
- Publisher group
- wrench
- Source type
- current platform directory
Current platform directory lists Lindstrom and Comfort Wave among Wrench brands.
Directory affiliation does not establish a brand-level equity percentage.
US-S025Lindstrom Air Conditioning & Plumbing — HomeLindstrom Air Conditioning & Plumbing · Company website
- Published
- Date not given
- Checked
- 2026-10-26
- Source quality
- Grade A · From a company, buyer, seller, or filing
- Publisher group
- lindstrom
- Source type
- current first-party company page
Current South Florida HVAC and plumbing operations under the Lindstrom brand.
Presence evidence only; ownership comes from platform and sponsor sources.
S016TSG Consumer Partners and Oak Hill Partner with Leonard Green and ManagementTSG Consumer · Acquisition announcement
- Published
- 2022-11-09
- Checked
- 2026-10-26
- Source quality
- Grade A · From a company, buyer, seller, or filing
- Publisher group
- wrench_release
- Source type
- transaction announcement
Leonard Green and management retained majority; TSG and Oak Hill made significant minority investment
Transaction-party copy of the November 9, 2022 announcement. TSG/Oak Hill minority interests and Leonard Green/management majority remain distinct.
S017Wrench Group Portfolio CompanyLeonard Green & Partners · Owner or business-group website
- Published
- Date not given
- Checked
- 2026-07-26
- Source quality
- Grade B · From a company, buyer, seller, or filing
- Publisher group
- leonard_green
- Source type
- current sponsor page
Current Wrench Group sponsor relationship