Reliance Comfort Limited Partnership

Reliance Comfort Limited Partnership

November 09, 2009 08:00 ET

Reliance Comfort Limited Partnership Acquires Holmes Heating

OTTAWA, ONTARIO--(Marketwire - Nov. 9, 2009) - Reliance Comfort Limited Partnership (Reliance) is pleased to announce that it has acquired the assets of Holmes Heating, one of the largest and best known independent HVAC dealers in the Ottawa region.

"We are expanding our already large base of customers, who are increasingly looking to us for additional products and services. Today, Reliance serves over 1.2 million customers in Ontario and we look forward to supporting customers now served by Holmes Heating in the National Capital area," says Roger Rossi, President and CEO, Reliance Comfort Limited Partnership.

The business will operate as Reliance Holmes Heating. Reliance will continue to build on the success of Holmes Heating and its employees to become a significant provider of home services in the Ottawa market. This will be a seamless transition for Holmes Heating customers. Customers will continue to receive the same high level of service they have received in the past and all historical contract commitments will be honoured.

"The Holmes Heating acquisition provides Reliance with a strong platform to support its growth in the Ottawa Region. With this acquisition, Reliance is even better positioned to support our combined customer base of approximately 100,000 customers in the National capital. The addition of Holmes' local knowledge and infrastructure increases our ability to better serve existing customers and offer the Ottawa Region a broader suite of essential home comfort products and services," says Rossi, adding: "Consistent with Reliance's existing operations, Holmes Heating is well-suited to be part of our organization."

Holmes Heating is a solid, stable business with a long history of success in the Ottawa market. The business is focused on the sale, rental, installation, service and maintenance of high quality heating, cooling and air quality products. The company offers rental HVAC programs including rental water heaters, furnaces, and air conditioners. Since its establishment in 1962, the company's commitment to quality service and workmanship has enabled it to become one of the largest HVAC contractors in Ottawa, having served over 25,000 homes in the National Capital Region.

About Reliance Comfort Limited Partnership
Reliance offers essential home services to customers across Canada, specializing in two main product lines: the retail sale, rental, service, maintenance, and financing of heating, ventilation and air conditioning equipment and electronic security system sales, installation, rental, service, monitoring, and related commercial activities. Our businesses operate under the Reliance Home Comfort, Reliance Protectron Security Services, UEI Financial, and Reliance Commercial Solutions brand names. Our portfolio of more than 1.2 million residential water heaters in Ontario is Canada's second largest portfolio of rental water heaters. Our Security and Monitoring business is the second largest business of its kind in Canada with over 350,000 subscribers.

About Holmes Heating
Holmes Heating is focused on the sale, rental, installation, service and maintenance of high quality heating, cooling and air quality products. The company offers rental HVAC programs including rental water heaters, furnaces, and air conditioners. Since its establishment in 1962, the company's commitment to quality service and workmanship has enabled it to become one of the largest HVAC contractors in Ottawa, having served over 25,000 homes in the National Capital Region.

Contact Information

  • Reliance Comfort Limited Partnership
    Jennifer Garland
    Director, Corporate Communications
    416-347-3235