Gryphon-backed Southern Residence Companies acquires HVAC agency David Grey

- David Gray will continue to operate under its current name and branding
- Headquartered in San Francisco, Gryphon invests in the middle market
- The private equity firm was founded in 1997
Southern Home Services, which is backed by Gryphon Investors, has acquired David Gray Electrical, Plumbing, Heating & Air, a Florida-based HVAC firm. No financial terms were disclosed.
Southern Home Services is an operator of home service companies.
“We are thrilled to welcome David Gray Electrical, Plumbing, Heating & Air into our family,” said Bryan Benak, CEO of Southern Home Services in a statement. “This partnership not only expands our reach but also enhances our ability to deliver unparalleled service and expertise to the Jacksonville community.” This acquisition aligns with Southern Home Services’ mission to be the premier provider of comfort, safety, and energy solutions for homeowners.
David Gray will continue to operate under its current name and branding.
Headquartered in San Francisco, Gryphon invests in the middle market. The private equity firm was founded in 1997.