Sundream Expands Its Plumbing Services with Atlantic Plumbing Acquisition

In a significant move to enhance its service offerings in Florida, Sundream, a well-known platform specializing in Plumbing and HVAC services, has successfully acquired Atlantic Plumbing Services (APS). This acquisition positions Sundream to leverage APS’s strong reputation and established operations based in St. Augustine, Florida, enabling the company to enhance its local market presence.

Founded over 15 years ago by Kyle Jones, APS has made a name in St. Johns County for delivering reliable plumbing services to both residential and commercial clients, including new construction projects. The company has earned considerable trust, primarily through referrals and a strong repeat customer base attributed to its commitment to quality workmanship and expertise in handling complex plumbing tasks.

As APS expanded, Jones recognized the company's growth trajectory outpaced the capabilities of single ownership. He saw that to facilitate further expansion and operational efficiency, partnering with a larger entity would be beneficial. Jones expressed his pride in building APS into a reputable service provider and acknowledged the need for experienced operational support to continue the company's growth.

"I'm incredibly proud of what we've built," stated Jones. "The company outgrew me from an ownership standpoint, and I wanted to ensure it continued to thrive under the right leadership. Sundream has a proven track record of empowering businesses like ours, and I am eager to remain involved in the work I love."

Sundream’s philosophy revolves around forming partnerships with strong local businesses and taking an operator-first approach. This means Sundream engages directly with its teams daily, supporting them and seeking ways to improve operations in the long run. Dan Tulchin from Sundream remarked, "APS is an excellent fit for our platform—both strategically and culturally. Kyle has established a robust operation, and we look forward to continuing to serve the St. Augustine community and clients throughout Florida."

The transaction was facilitated by Viking Mergers & Acquisitions, known for its expertise in aligning business owners with the right partners for long-term success. Senior Advisor Jacob Middleton and Associate Advisor Dylan Bradley from the Florida division played pivotal roles in overseeing the acquisition process, marking another successful partnership between Sundream and Viking.

Under the new arrangement, Kyle Jones will remain with the APS team and continue to oversee daily operations to maintain the company’s commitment to quality service. This transition aims to position APS effectively for its next chapter of growth, backed by Sundream's resources and operational expertise.

About Sundream
Sundream is dedicated to operating HVAC and Plumbing businesses across the Southeastern U.S., collaborating with local practitioners to build companies that are sustainable and focused on long-term growth.

About Viking Mergers & Acquisitions
Viking Mergers & Acquisitions is a leading advisory firm based in Charlotte, NC, and Tampa, FL. They support business owners across a wide range of industries, with a particular focus on working with companies with annual revenues from $2 million to $250 million. Viking offers complimentary business valuation services and comprehensive exit planning solutions. With a track record of closing over 950 businesses, the firm boasts a remarkable closing rate that significantly exceeds industry averages.

The acquisition of Atlantic Plumbing Services marks a pivotal step for Sundream, significantly expanding its footprint in Florida while ensuring the continued legacy of quality service established by Kyle Jones and his team.