October 18, 2023
Trades Holding, a CPC Company, Announces Add-On Acquisition of Mr. Rooter of Mid-Ohio
Trades Holding Co., LLC (“Trades”), a CPC Company, announced it has acquired the assets of TWD Plumbing Inc. (dba Mr. Rooter Plumbing of Mid-Ohio), located in Mansfield, Ohio. Trades is the largest Mr. Rooter Franchisee, and this acquisition expands Trades’ footprint in Ohio and furthers its mission to provide an outstanding technician experience. CPC and Trades began their partnership in July 2023.
Trent Dawson and his wife Angie started Mr. Rooter of Mid-Ohio 16 years ago and have turned it into an award-winning franchise. Along with awards for customer service, they have consistently been awarded top-gun status for being in the top 10% of Mr. Rooter franchisees. Trent says he is excited about the acquisition for the opportunities it will afford his employees. “Trades is known for providing a great place to work for technicians and is dedicated to providing outstanding training and development throughout a technician’s career,” Dawson said.
Megan McKay, President of Trades Holding Co. said, “Trades’ acquisition of Mansfield connects our Northeast, Northwest, and Central service area together as one. This allows us to serve our growing base of customers more efficiently while expanding our leadership and technician career development program.” CPC Principal, Jared Poland added, “CPC is very impressed with the culture of customer service and technician engagement which has been instilled in Trades, and we are eager to keep that momentum going with the expansion of the platform into additional markets in Ohio.”
Trades Holding Company is a franchisee operator of Mr. Rooter (plumbing) and Mr. Electric (electrical) residential home servicing brands and operates Right Restoration – an independent restoration business solely focused on water damage. Trades is led by second generation owner, Megan McKay, who has grown the company significantly in both geography and service offerings. It is the largest Mr. Rooter Franchisee and employs 250 full-time employees, including 215 trade professionals across three markets in Ohio. Trades is dedicated to its technicians and committed to providing a superior journey from apprentice to retirement.
About Mr. Rooter of Mid-Ohio
Trent Dawson was always a plumber but got his start as a business owner in 2008 with the founding of Mr. Rooter of Mid-Ohio. Along with wife, Angie, Dawson has continually grown the business and is committed to the advancement of his professionals and upholding the promise of being a trusted service provider.
CPC is owned by large family offices and successful entrepreneurs that are collectively aligned around long-term decision making and wealth creation. It was formed from the merging of Curran Companies’ and C3 Capital’s management teams and seeks to buy one to two companies a year and invest $60MM to $120MM+ per company into control positions. CPC does not use enterprise leverage to fund acquisitions, instead focusing management teams to excel in the Five Key Battles™: People, Systems and Processes, Execution, Customer Intimacy, and Product Leadership. Prior to forming CPC, the management team invested in more than 100 businesses covering a wide variety of industries. Learn more at cpc.llc.
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