Wrench

Wrench Group Expands to Oklahoma City as Greenfield Growth Strategy Delivers Results

Retrieved on: 
Monday, November 27, 2023
Other Construction & Property, Residential Building & Real Estate, Construction & Property, Building Systems, Growth, HVAC, Wave, Business development, Organization, City, Video game, Wrench

Wrench Group , a national leader in home services, has expanded into Oklahoma City, Okla., as it continues its successful “greenfield” growth strategy of launching new businesses from the ground up in top markets across the country.

Key Points: 
  • Wrench Group , a national leader in home services, has expanded into Oklahoma City, Okla., as it continues its successful “greenfield” growth strategy of launching new businesses from the ground up in top markets across the country.
  • “Oklahoma City is known for its friendly people and close-knit community and that is exactly why we are launching a new company built by experienced area technicians and home services professionals,” said Ken Haines, CEO of Wrench Group.
  • With Oklahoma City’s friendly business climate and rapid growth, it seemed like the perfect fit in our greenfield initiative,” said Andy Piercefield, Vice President of Business Development and Retail Operations at Wrench Group.
  • This is the seventh market where Wrench has employed a “greenfield” strategy.

United States Hand Tools Market Report 2023: Competition, Forecasts & Opportunities, 2018-2028 - Market Surges as DIY Enthusiasts Lead the Way - ResearchAndMarkets.com

Retrieved on: 
Friday, September 8, 2023
Manufacturing, Home Goods, Other Manufacturing, Retail, Specialty, Internet, Clamp, Steel, Element, DIY, Wrench, Market, COVID-19, Iron, Corrosion, Application, Knowledge, Growth, Social media, Forecast, 3D printing, Screwdriver

The "United States Hand Tools Market By Product Type (Wrenches, Pliers, Screwdrivers, Hammers, Cutters, and Others (Clamps & Vices, etc.

Key Points: 
  • The "United States Hand Tools Market By Product Type (Wrenches, Pliers, Screwdrivers, Hammers, Cutters, and Others (Clamps & Vices, etc.
  • The United States hand tools market size is anticipated to register an impressive CAGR to 2028.
  • Additionally, the growing use of hand tools in aerospace, automotive, manufacturing, metalworking, and other sectors could accelerate industry growth.
  • The use of home repair tools, equipment, and appliances is increasing as a result, which is boosting the market growth for hand tools in the United States.

Wrench Solutions Celebrates 25 Years of Evolving Project Management

Retrieved on: 
Friday, January 20, 2023
Daniel, Marketing, Mining, Information technology, Transport, Growth, Software as a service, EDMS, Thought, Coes Wrench Company, City, Wrench

Companies who have never heard of us are always surprised by how we can comprehensively address their project management challenges.

Key Points: 
  • Companies who have never heard of us are always surprised by how we can comprehensively address their project management challenges.
  • I'm most grateful to our customers that have supported us and contributed to the evolution of our product."
  • In thinking about what the next 25 years will bring, KV Daniel reflects on lessons learnt during the pandemic – how WRENCH was able to remotely serve customers with its enhanced, cloud-based, SaaS approach.
  • Daniel added, "Our continued growth is inevitable but supporting the needs of our current customer base will remain our priority."

Wrench Solutions Celebrates 25 Years of Evolving Project Management

Retrieved on: 
Friday, January 20, 2023
Daniel, Marketing, Mining, Information technology, Transport, Growth, Software as a service, EDMS, Thought, Coes Wrench Company, City, Wrench

Companies who have never heard of us are always surprised by how we can comprehensively address their project management challenges.

Key Points: 
  • Companies who have never heard of us are always surprised by how we can comprehensively address their project management challenges.
  • I'm most grateful to our customers that have supported us and contributed to the evolution of our product."
  • In thinking about what the next 25 years will bring, KV Daniel reflects on lessons learnt during the pandemic – how WRENCH was able to remotely serve customers with its enhanced, cloud-based, SaaS approach.
  • Daniel added, "Our continued growth is inevitable but supporting the needs of our current customer base will remain our priority."

ACME Group to use Wrench SmartProject as Project Collaboration platform for its Green Hydrogen/ Ammonia project

Retrieved on: 
Wednesday, November 16, 2022
Hydrogen, Goal, Thilawa Special Economic Zone, Consultant, Efficiency, ACME, Special economic zone, Port, CEO, Engineering, Construction, Wrench

BENGALURU, India and HOUSTON, Nov. 16, 2022 /PRNewswire/ -- ACME Group, a leading global sustainable and renewable energy company, has chosen Wrench SmartProject for providing the digital platform for its upcoming green hydrogen and ammonia project in Oman.

Key Points: 
  • BENGALURU, India and HOUSTON, Nov. 16, 2022 /PRNewswire/ -- ACME Group, a leading global sustainable and renewable energy company, has chosen Wrench SmartProject for providing the digital platform for its upcoming green hydrogen and ammonia project in Oman.
  • The SmartProject platform provided by Wrench Solutions intends to have all project consultants, vendors, partners, and contractors working together digitally on the SmartProject platform, which will control the project engineering schedule and streamline all internal & vendor approval processes.
  • Mr. Rajat Seksaria, CEO, ACME Group, said, "The platform offered by Wrench aligns well with our goals of sustainable and green project management.
  • ACME Group is setting up a large-scale integrated Green Hydrogen and Green Ammonia project at the Special Economic Zone at the Port of Duqm in Oman.

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

Retrieved on: 
Wednesday, November 9, 2022
Professional Services, Finance, Consumer, Ventilation, Communication, Heat, Fortification, City, Leadership, Revolut, Oak Hill Capital Partners, Company, Partnership, LGP, TSG Consumer Partners, TSG, Technology, Air conditioning, LP, Media (communication), Elf, Water, Energy Brands, Leonard Green & Partners, Maintenance, HVAC, Growth, Health, CEO, Dutch Bros. Coffee, Industry, Acquisition, Cosmetics, Planet Fitness, LLC, Bank, Management, Financial services, Wrench, Partner, Backcountry

TSG Consumer Partners (TSG) and Oak Hill Capital (Oak Hill) today announced that the firms have made a significant minority investment in The Wrench Group (Wrench Group or the Company), a leading provider of residential HVAC, plumbing, and electrical services.

Key Points: 
  • TSG Consumer Partners (TSG) and Oak Hill Capital (Oak Hill) today announced that the firms have made a significant minority investment in The 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.
  • TSG Consumer Partners, LP is a leading private equity firm that partners with founders and management teams to build and accelerate growth for best-in-class consumer-facing businesses.
  • Oak Hill applies a specialized, theme-based approach to investing in the following dedicated industry sectors: Media & Communications, Industrials, Services, and Consumer.

Wrench Group Expands to Nashville as it Continues Successful Greenfield Growth

Retrieved on: 
Tuesday, November 1, 2022
Residential Building & Real Estate, Construction & Property, Building Systems, Growth, CEO, Ventilation, Water, Business development, LLC, Heat, Maintenance, Group, Fortification, Coolray Field, Air conditioning, Airline, Wrench

Wrench Group , a national leader in home services, has expanded into Nashville, Tenn., as it pursues new markets through its successful greenfield growth strategy.

Key Points: 
  • Wrench Group , a national leader in home services, has expanded into Nashville, Tenn., as it pursues new markets through its successful greenfield growth strategy.
  • Nashvilles a dynamic, growing area that is a fantastic place to do business, said Ken Haines, CEO of Wrench Group.
  • Coolray plans to bring 150 new jobs to Nashville in the first two years of operations in the area.
  • Wrench Group, LLC is a national leader operating in 24 markets across 13 states.

Heavy Machinery Maintenance & Repair Demand Is Set To Reach A Valuation of US$ 284 Bn Billion 2032; Owing To Technology Integration into Service Offerings | Fact.MR

Retrieved on: 
Monday, October 17, 2022
Automotive Industry Action Group, Health, Raven Industries, Transport, Wrench, American, HVAC, Engineering, Food industry, EPC, Technology, Research, Sustainable Energy Utility, CNH Industrial, Maintenance, Forestry, Russian Aerospace Defence Forces, YourMechanic, Mining, Construction

NEW YORK, Oct. 17, 2022 /PRNewswire/ -- The latest study by Fact.MR, a market research and competitive intelligence provider, reveals that the global heavy machinery maintenance & repair market is estimated at US$ 182.8 billion in 2022 and is expected to progress at a CAGR of 4.5% between 2022 and 2032. The market is expected to grow amid increased government spending on infrastructure and the rising urban population across the world.

Key Points: 
  • The business environment in the heavy machinery maintenance & repair market sees extreme competition among major players.
  • To gain a solid hold in the market, key market players are employing organic and inorganic growth strategies.
  • Moreover, market participants are focusing on expanding their service offerings by integrating advanced technology into their services.
  • The market is expected to reach a size ofUS$ 14.9 billionby the end of 2032, up from its current valuation ofUS$ 9.4 billion.

Wrench Group Expands to Birmingham in Latest Greenfield Growth

Retrieved on: 
Wednesday, July 13, 2022
Commercial Building & Real Estate, Construction & Property, Finance, Family, Professional Services, Consumer, Other Construction & Property, Residential Building & Real Estate, Technology, Fortification, Marketing, LLC, Acquisition, Advertising, Coolray Field, Maintenance, Group, CEO, Air conditioning, Heat, City, Ventilation, Water, Canal, Wrench

Wrench Group , a national leader in home services, recently expanded into Birmingham, Alabama, in its latest continuation of its successful greenfield growth strategy.

Key Points: 
  • Wrench Group , a national leader in home services, recently expanded into Birmingham, Alabama, in its latest continuation of its successful greenfield growth strategy.
  • The company added the new market as Coolray , one of the top air conditioning, heating, plumbing and electrical companies in Georgia and a Wrench Group company, announced it opened its first location in Birmingham this week.
  • With the expansion, the company now has a presence in 22 markets across the country, spanning from California to Maryland.
  • This new location fits perfectly with our long-term strategic growth plan, said Ken Haines, CEO of Wrench Group.

Wrench Acquires Mobile Vehicle Repair Network YourMechanic

Retrieved on: 
Thursday, June 2, 2022
Tesla, YourMechanic, Andreessen Horowitz, SoftBank Group, Maintenance, Multimedia, Investment, Vulcan Inc., Carvana, Growth, Madrona Venture Group, Acquisition, Industry, Marubeni, Taxicab, Online shopping, GEICO, Wrench

SEATTLE, June 2, 2022 /PRNewswire/ -- Mobile vehicle services and technology marketplace Wrench has completed the acquisition of mobile vehicle repair network YourMechanic. The combined company will reach more than 35,000 zip codes and deliver services to more than 20,000 private and fleet vehicles per month. The terms of the acquisition are confidential.

Key Points: 
  • Wrench expands its position as the largest mobile service marketplace to eliminate the hassles of vehicle ownership.
  • SEATTLE, June 2, 2022 /PRNewswire/ --Mobile vehicle services and technology marketplace Wrench has completed the acquisition of mobile vehicle repair network YourMechanic.
  • "By welcoming the YourMechanic ecosystem to Wrench, we are expanding what was already the largest mobile vehicle service network in existence.
  • YourMechanic strengthens the depth of services and service providers for the Wrench network.