TSG Consumer Partners & Oak Hill Partner with Leonard Green and Management to Enhance Wrench Group’s Next Phase of Growth

SAN FRANCISCO, CA and NEW YORK, NY – November 9, 2022 – TSG Consumer Partners (“TSG”) and Oak Hill Capital (“Oak Hill”) today announced that the firms have made a significant minority investment in Wrench Group (“Wrench Group” or the “Company), a leading provider of residential HVAC, plumbing, and electrical services. As part of the transaction, existing investor Leonard Green & Partners (“LGP”), along with Management, will retain a majority interest in the Company. The terms of the transaction were not disclosed.