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Fresh Water Ventures Acquires Able Heating & Cooling, based in Homer, Michigan

Fresh Water Ventures is excited to announce the successful acquisition of Able Heating & Cooling, based in Homer, Michigan. Founded by Robin and Ron Cousino, Able has proudly served the Homer community’s heating and cooling needs for over 25 years. With a skilled team of technicians and staff, a loyal customer base, and a broad range of services, Able is well-positioned for continued growth and success in the central Michigan HVAC market. Ron will remain at the helm, leading the newly formed entity, while Robin will continue to contribute as a senior advisor.

Fresh Water Ventures partner Jeff Matzen said, “Able’s size and offerings allow us to expand on our first acquisition with a healthy business that has a great team of technicians and a knowledgeable staff. We have enjoyed getting to know the Able team and look forward to working with them to grow our HVAC footprint in central Michigan.”

Ron commented, “We appreciate the approach of the Fresh Water team and we are excited to partner with them to drive growth in our HVAC business. The Able team will continue to service our existing customers and we look forward to growing our business.”

About

Fresh Water Ventures is a private equity fund based in Michigan that specializes in acquiring and running small rural businesses worth $1mm to $3mm.

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