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The event attracted nearly 100 mechanical and electrical contractors from the surrounding area, opening the door for new business avenues both for Republic and its manufacturer partners.

“We are thrilled to take an important next step in our growth journey, with support from MDP, as we build upon our capabilities for customers and enhance our relationships with manufacturers across different regions throughout the country,” said Hobbs CEO Brad Hobbs.

“The Paradise and Tim Ferguson teams have built amazing companies through a dedication to their employees and exceptional customer service,” said John Cerasuolo, the CEO of Leap Partners.

In their new roles, enterprise account executive Austin Piazza and account executive Lindsey Fisher are responsible for developing and enhancing relationships and educating the industry about XOi’s capacity to help contractors solve the skilled-trades gap and grow their businesses.

Under the agreement, Presidential Heating & Air Conditioning will continue to operate under its current name and branding. Southern Home Services said it’s committed to retaining all current Presidential employees.