678971b13fb09f2706c3fc73 Repipespecialists

Gryphon Investors-Backed Repipe Specialists Acquires A-1 Total Service Plumbing

Jan. 16, 2025
A-1 marks the first add-on acquisition that Repipe has made since being acquired in 2022 by Gryphon's Heritage Fund.
678971b13fb09f2706c3fc73 Repipespecialists

BURBANK, CA — Repipe Specialists, a leading residential and commercial piping and water services company, announced today that it has acquired A-1 Total Service Plumbing, a Los Angeles area provider of residential, commercial, municipal, and industrial plumbing and lining services. Repipe is backed by middle market private equity firm Gryphon Investors. Terms of the transaction were not disclosed.

Founded in 2004 and headquartered in Los Angeles, CA, A-1 is a full-service provider of traditional residential and commercial plumbing services along with lining and pipe rehabilitation services. The A-1 management team will remain with the Company, and Founder and Owner Raymond Gray is retaining a significant ownership stake.

“We are thrilled to add A-1 to the growing Repipe team,” said Repipe’s CEO Jay Teresi. “A-1’s strong expertise in plumbing and lining services perfectly complements Repipe’s nationwide capabilities. This partnership expands our service offerings, enhances our technical expertise, and allows us to deliver more comprehensive one-stop solutions for our customers. Ray and the A-1 team share our core values, purpose, and vision: delivering high-quality piping systems and plumbing services that provide clean, clear flowing water essential to everyday life.”

“As we considered our options, joining forces with Repipe and Gryphon was the obvious choice given their added financial and operational resources, national reach, and complementary service offerings,” said Gray. “Repipe has an unmatched reputation as the premier player in the market, and we are excited for our customers and employees to benefit from the comprehensive product and service portfolio this combination offers.”

Add-On Acquisition

A-1 marks the first add-on acquisition that Repipe has made since being acquired in 2022 by Gryphon's Heritage Fund, the firm's small-cap investment strategy. Repipe is actively seeking to partner with additional businesses to further expand its premium portfolio of brands and products.

“Our aim is to be the premier provider of residential and commercial piping, lining, and plumbing services, and this acquisition helps achieve our goals,” said Jeff Pembroke, Operating Partner and Co-Head of Gryphon’s Heritage Fund. “We look forward to continued and accelerated growth as a result of this acquisition.”

A-1 Total Service Plumbing

Founded in 2004 by Raymond Gray and headquartered in Los Angeles, CA, A-1 is a leading full-service provider of plumbing and lining services. The company operates in two segments: service plumbing and repair, and lining and pipe rehabilitation. Known for its superior quality service, A-1 has built a strong reputation for plumbing and lining services across California, Nevada and Arizona, while offering commercial lining services nationwide.

Repipe Specialists 

Founded in 1991 and headquartered in Burbank, California, Repipe Specialists is a market leader in residential, multi-family, and commercial repiping. With their proven One-Stop Repipe™ process, they complete installations in just 1–2 days using high-quality materials backed by a lifetime warranty. Having repiped over 75,000 properties in more than 30 years, they are a nationally recognized leader and locally trusted for their efficient and reliable service. For more information, visit www.repipe.com.

Gryphon Investors 

Gryphon Investors is a leading middle-market private investment firm focused on profitably growing and competitively advantaged companies in the Business Services, Consumer, Healthcare, Industrial Growth, Software, and Technology Solutions & Services sectors.

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