ROCKLAND, and WEYMOUTH, MA, ISSUED AUGUST 12, 2019…ROI Corporation (http://roibusinessbrokers.com), a leading firm for the transfer of ownership of businesses, today announced the sale of Anderson Plumbing & Heating of Weymouth to Sila Plumbing, a large firm which provides home service solutions for residential and commercial property owners throughout the Northeast, with locations in Rockland, MA and King of Prussia, PA.
Gary Rayberg, principal at ROI Corporation, represented the seller, David Anderson, who will become part of the Sila team. Terms of the sale were not disclosed.
Formerly Vincent Anderson and Sons Inc, Anderson Plumbing & Heating is a 2nd generation, family owned and operated plumbing and heating company with over 60 years of experience. Dave Anderson said, “When we decided to sell our company, we knew that we needed the assistance of a broker with industry experience, someone who would know how to reach out to the best prospective buyers. Gary and his team were very professional to work with and the experience was great.”
Rayberg said, “We congratulate both David and the Sila team on this transaction. We believe this is a good move for both companies. We found David and his group terrific to work with, and we wish them the best of luck.”
He added, “The HVAC industry is one that is increasingly in demand by people looking to buy businesses as so many businesses are transitioning to new ownership. ROI has worked a great deal in this industry and we are always glad to assist anyone in the purchase or sale of one of these businesses.”
About ROI Corporation
ROI Corporation, based in the Boston market, has been involved in the sale of businesses and real estate in over 30 states since 1997. They also assist in the transfer of business ownership between generations and to key employees and management teams. ROI serves all of New England including MA, NH, RI and CT with two divisions; a main street division serving smaller businesses as well as their middle market M&A division. Their Marietta, Georgia, office, specializing in Service Distribution & Manufacturing Companies, serves the southeast United States. They also have an office in Simsbury, Connecticut. For more information, please visit www.roimergers.com or call (781) 682-6209.