Schryver & Co. Facilitates Successful Sale of Bee & Jay Plumbing & Heating to Local Entrepreneur
Schryver & Co. Facilitates the Sale of Bee & Jay Plumbing & Heating
In a significant development in the Hudson Valley plumbing industry, Schryver & Co. has successfully facilitated the sale of Bee & Jay Plumbing & Heating to local entrepreneur Tom Kulesa. This sale marks a new chapter for the long-standing company, known for its reliable plumbing and heating solutions across Westchester and Putnam counties. The consultancy, which specializes in mergers and acquisitions for the trades, ensured a seamless transition while preserving the legacy of its founders.
Founded in 1964 and based in Mahopac, New York, Bee & Jay has built a strong reputation over its six decades of operation. Originally started as a residential service provider, the company has evolved into a full-service plumbing, heating, and water systems provider, catering to both homeowners and businesses alike. Co-owners Ted Kugler and Joe Scollan emphasized the importance of finding a partner who shares their values and commitment to exceptional customer service. With Kulesa at the helm, they are confident that the brand's essence will not only be maintained but expanded upon.
Kulesa, a New York-based entrepreneur, has a vision to foster Bee & Jay's growth while maintaining its identity. Under his leadership, the company will retain its name, team, and local management, providing reassurance to the loyal customer base that has supported Bee & Jay for decades. Kulesa expressed his gratitude to Kugler and Scollan for their trust, stating, "I look forward to partnering with Ted, Joe, and the Bee & Jay team to build upon the company's strong brand name and loyal customer base."
The sale process was executed discreetly and efficiently by Schryver & Co. The firm navigated through a competitive and confidential landscape, advising Bee & Jay's owners from initial preparations to final negotiations. Kugler noted, “We talked to a lot of potential buyers, and most of them wanted to fold us into something bigger. Schryver & Co. understood what this company means to our employees and our customers, and they found us the right partner.”
This emphasis on partnership is indicative of Schryver & Co.'s approach to mergers and acquisitions, ensuring that the firms they represent align not only in terms of business objectives but also in cultural values and community impact. The founder of Schryver & Co., Will Schryver, highlighted the importance of understanding the trades: “Ted and Joe spent six decades doing the work the right way, and they deserved an advisor who understands both the trade and the market for it.”
As Bee & Jay Plumbing & Heating embarks on this new journey, Kulesa’s plans include investing in the company's infrastructure and operational capabilities. He is committed to ensuring that the quality of service remains at the forefront while introducing resources that will aid in accelerating growth.
With this transaction, Schryver & Co. continues to solidify its reputation as a premier advisory firm dedicated exclusively to trades businesses. Their ability to handle the distinct challenges within the home services industry allows them to effectively serve their clients, ensuring successful transitions that benefit employees, customers, and the communities involved.
The future looks promising for Bee & Jay, as it remains dedicated to its mission of providing exceptional service in plumbing and heating. As Kulesa takes over, he carries forward the legacy of a company built on dedication, reliability, and community trust.