DALLAS–(BUSINESS WIRE)–Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of AAA Flexible Pipe Cleaning Corporation to Kingsway Financial Services. The acquisition closed August 1, 2025.
Based in Cleveland, Ohio, AAA Flexible Pipe Cleaning Corporation (“Advanced Plumbing and Drain”) is a trusted leader in plumbing services, with decades of experience serving municipal, commercial, and residential clients. Known for its deep expertise in plumbing, waterproofing, and sewer cleaning and repair, Advanced Plumbing and Drain brings innovative solutions and state-of-the-art technology to every job. The company’s licensed, bonded, and insured technicians are available 24/7, delivering reliable service and peace of mind to its customers.
Headquartered in Chicago, Illinois, Kingsway Financial Services is the only publicly-traded US company employing the Search Fund model to acquire and build great businesses. Kingsway owns and operates a collection of high-quality B2B and B2C services companies that are asset-light, growing, profitable, and that have recurring revenues. Kingsway seeks to compound long-term shareholder value on a per share basis via its decentralized management model, its talented team of operators, and its tax-advantaged corporate structure.
“I am excited to welcome Advanced Plumbing and Drain to the Kingsway Skilled Trades platform,” said JT Fitzgerald, Kingsway’s President and CEO. “Advanced Plumbing and Drain is a wonderful fit for our strategy, and I am confident that with Rob’s leadership and Kingsway’s financial backing, the future is bright for a business that has been a valuable member of the northeast Ohio community for almost a century.”
“It is a tremendous honor to be entrusted with Advanced Plumbing and Drain by the Fisco family,” said Rob Casper, President of Kingsway Skilled Trades. “I am committed to building on the company’s reputation for quality work and uncompromising customer service and am thrilled to help write the next chapter of the company’s story.”
“I am thrilled to partner with the Kingsway team, a collaboration I believe will drive remarkable growth and innovation,” said Ernie Fisco, President of Advanced Plumbing and Drain. “Kingsway’s expertise and vision align seamlessly with our commitment to delivering exceptional value to our customers.”
Generational Group Executive Managing Director, M&A, Central Region – Michael Goss, and his team led by Generational Affiliate, Joe Hige, with the support of Vice President, M&A, Brennon Dunbar successfully closed the deal. Executive Managing Director, Ed Weber and Senior M&A Advisor, Dave Heymann, established the initial relationship with AAA Flexible Pipe Cleaning Corporation.
Ryan Binkley, CEO of Generational Group, stated, “This deal reflects our dedication to creating partnerships that offer lasting benefits to everyone involved. At Generational Group, we’re honored to have played a part in connecting two organizations ready for sustained growth and success.”
About Generational Group
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.
Contacts
Media Contact:
Catherine Binkley
469-828-2798
[email protected]
