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Buyer Dossier

Watchtower Capital / Ally Services

Prepared for Air Control
10Fit
Air Control • Revenue: ~$50M+ (estimated)

Buyer Profile

Platform
Ally Services
Backer
Watchtower Capital (lower-middle-market PE)
Platform Founded
June 2023 — merger of SPS Mechanical + JF Plumbing
Headquarters
Rockville, MD (VA / MD / DE corridor)
CEO
Rick Schomburger — hired July 2024
Revenue Trajectory
More than doubled following 2025 acquisitions

Acquisition History

Company Location Date Type
SPS Mechanical Mid-Atlantic June 2023 Platform founder
JF Plumbing & Heating Mid-Atlantic June 2023 Platform founder
CarrFord Heating & Air Conditioning Mid-Atlantic Late 2023 First add-on
J Hood Services Manassas, VA 2025 Add-on
Tri-County Aire Charlotte Hall, MD 2025 Add-on
Above & Beyond Laurel, DE 2025 Add-on

Key Contacts

Name Title Email Notes
Rick Schomburger CEO, Ally Services rschomburger@allyservicesgroup.com Hired July 2024; 15 years C-level HVAC/home services; ex-ServiceMaster
Ryan Green SVP, M&A — Watchtower Capital Key dealmaker on platform build-out; primary M&A contact at fund level

Strategic Fit

Ally Services is the most strategically relevant buyer for Air Control. They are not a distant strategic buyer — they are an active, well-funded HVAC consolidator operating inside Air Control's exact geography right now.

Their J Hood Services acquisition in Manassas, VA puts Ally within 15 miles of Air Control's McLean, VA base. The 2025 deal wave (three acquisitions in a single year) demonstrates that Watchtower is deploying capital aggressively and has no intention of slowing down. Their stated model is buy-and-build: each acquisition strengthens the platform and creates pressure to continue adding density in proven markets.

Air Control fits the Ally template precisely — residential HVAC, strong local brand, experienced field leadership, loyal customer base in the VA corridor. This is not a speculative fit; it mirrors the language Ally used to describe each of their 2025 acquisitions.

Geographic overlap is near-perfect: Ally operates VA / MD / DE and Air Control anchors McLean, VA — the most densely populated, highest-income market in the corridor. Adding Air Control would fill the Northern Virginia gap that J Hood began to open.

Risk to note: Ally Services is a direct competitor in the same service territory. Post-acquisition, Air Control becomes part of a direct competitor's footprint. This is a consolidation sale, not a synergistic strategic sale — owners should plan accordingly on earn-out terms and operational integration speed.

Approach Strategy

Call Opener

"Rick, I know you just closed three HVAC acquisitions in 2025 — J Hood in Manassas, Tri-County Aire in Charlotte Hall, Above & Beyond in Laurel. I'm working with an owner in McLean, Northern Virginia, that fits the exact same profile. Given that J Hood is 15 miles from this business, I thought you'd want to know before we run a broader process."

1
Northern Virginia density play. J Hood in Manassas opened the NoVA door but left McLean — the highest-income zip codes in the corridor — uncovered. Air Control fills that gap. This isn't speculative geography; it's the next logical step in the footprint they've been building.
2
Rick's playbook in action. Schomburger's background is scaling residential HVAC platforms through disciplined acquisitions. Air Control is exactly the kind of proven local operator — strong brand, loyal residential base, no deferred maintenance on the business — that his track record suggests he moves on quickly.
3
Momentum pressure. Three deals in 2025, revenue more than doubled, Watchtower is in active deployment. If we wait six months, Ally may solve the NoVA question with someone else. The first call should establish whether they want to be the buyer before we open the process wider.

Pipeline History

Step Status Date Notes
Target Identified Complete 2025 Identified as top-priority buyer for Air Control
Research Complete Complete Mar 2026 Profile rebuilt with verified company data; wrong-company Tracxn data removed
Outreach Next Step Direct call to Rick Schomburger; reference J Hood / Manassas proximity