American Residential Services LLC (ARS) is owned by Charlesbank Capital Partners.
In 2014, Charlesbank Capital Partners, a private equity firm, acquired American Residential Services LLC. ARS, also known as ARS/Rescue Rooter, is headquartered in Memphis, Tennessee. Prior to this acquisition, ARS was under the ownership of CI Capital Partners and its co-investor, Royal Palm Capital Partners.
The change in ownership in 2014 marked a significant point in ARS's corporate history. Charlesbank Capital Partners focuses on investments in middle-market companies, making ARS a part of their portfolio.
ARS Ownership Timeline
To provide a clear overview of the ownership changes, refer to the table below:
Year | Owner | Notes |
---|---|---|
Before 2014 | CI Capital Partners & Royal Palm Capital Partners | Previous owners of ARS |
2014 – Present | Charlesbank Capital Partners | Acquired American Residential Services LLC (ARS) |