BIRMINGHAM, AL. (July 21, 2025) – Founders is pleased to announce the successful acquisition of Childress Heating & Cooling, a leading provider of HVAC services in Gadsden, AL, by Service Country, a portfolio company of Grove Mountain Partners. Childress Heating & Cooling was exclusively advised by principals of Founders Advisors (“Founders”) in this transaction.

Founded in 2000 by Michael Childress, Childress Heating & Cooling has built a strong reputation for delivering high-quality heating and cooling services with a commitment to customer satisfaction and technical excellence. This partnership marks an exciting milestone for the company as it joins Service Country’s growing network of best-in-class home service providers.

“We are excited to join forces with Service Country and Grove Mountain Partners as we take this next step in our company’s journey,” said Michael Childress, Founder and President at Childress Heating & Cooling. “Our customers have always been our top priority, and this partnership allows us to continue delivering exceptional service while leveraging new resources to expand our capabilities.”

Service Country, a premier platform specializing in home services, continues to execute its strategy of partnering with high-quality HVAC, plumbing, and electrical service providers. “Childress Heating & Cooling has a proven track record of excellence in the industry, and we are thrilled to welcome them to the Service Country family,” stated George Easley, CEO of Service Country. “Their commitment to knowledgeable and integrous service aligns perfectly with our mission to build a network of top-tier home service companies.”

As part of the acquisition, Childress Heating & Cooling will gain access to additional operational support, technology enhancements, and growth opportunities through Service Country and Grove Mountain Partners.

“We are grateful for the trust that Childress Heating & Cooling placed in our team throughout this process,” said Madison Davis, Director at Founders. “This partnership is a testament to the strength of Childress’ brand, team, and dedication to their customers. We are confident that this collaboration will drive significant growth and success for all parties involved.”

About Childress Heating & Cooling

Childress Heating & Cooling has been a trusted provider of residential and commercial HVAC services in the Southeast for 25 years, specializing in expert installation, maintenance, and repair services.

About Service Country

Service Country is a leading home services platform dedicated to providing best-in-class HVAC, plumbing, and electrical services. Through strategic partnerships, Service Country supports local service providers in enhancing their operations and delivering exceptional customer experiences.

About Grove Mountain Partners

Grove Mountain Partners is a private equity firm focused on investing in and scaling service-based businesses. With a commitment to operational excellence and long-term growth, Grove Mountain partners with companies to enhance their market position and drive value creation.

About Founders Advisors

Founders is a merger, acquisition, & strategic advisory firm serving middle-market companies. Founders focuses on helping companies across technology, business services, consumer, energy, industrial, and healthcare industries. Founders’ skilled professionals, proven expertise, and process-based solutions help companies access growth capital, make acquisitions, and/or prepare for and execute liquidity events to achieve specific financial goals. To provide securities-related services, certain principals of Founders Advisors, LLC are licensed with Founders M&A Advisory, LLC, member of FINRA & SiPC. Founders M&A Advisory is a wholly owned subsidiary of Founders Advisors. Neither Founders Advisors nor Founders M&A Advisory provide investment advice.