Jasper Holdings, Inc. Acquires Jenkins Holdings, Inc.

Jasper Holdings, Inc., the parent company of Jasper Engines and Transmissions, Weller Truck, Diesel USA Group, D&W Diesel, Jasper Innovative Solutions, Jasper Electric Motors, and Jer-Den Plastics, is pleased to announce the acquisition of Jenkins Holdings, Inc. (“Jenkins” or “Jenkins Plumbing”). Jenkins is the leading residential plumbing contractor serving homebuilders across the Southeast, specializing in plumbing installation services for single-family homes.

Founded over thirty years ago, Jenkins Plumbing began as a traditional plumbing contractor and has built a strong presence in the Southeast’s rapidly growing single-family housing market. Jenkins is headquartered in Savannah, Georgia, with regional branches in Augusta (GA), Townsend (GA), Jacksonville (FL), Hardeeville (SC), Charleston (SC), Columbia (SC), Greenville (SC), Myrtle Beach (SC), and Wilmington (NC).

Amid the sustained shortage of single-family housing in the Southeast, Jenkins is well-positioned to expand its footprint in Florida and other surrounding markets, building on its significant presence in the region. Jenkins’ growth builds on the foundation established by founders, Mike and Mark Jenkins, and has continued under the leadership of Britt Jenkins, who will remain in his role as President.

“We are honored to welcome Jenkins Plumbing into the Jasper Holdings, Inc. family of brands,” said Doug Bawel, CEO of Jasper Holdings, Inc. “Jenkins is highly respected throughout the Southeast homebuilding industry. President Britt Jenkins and his leadership team will continue to lead the company as we partner with our loyal customers to support the ongoing growth of the Southeast housing market.”

“Jasper Holdings, Inc. remains committed to strategic diversification by acquiring best-in-class companies to join our 100% Associate-Owned ESOP,” said Jasper Holdings, Inc. President Zach Bawel. “The addition of Jenkins Plumbing is a tremendous opportunity for its Associates and all the Jasper Holdings, Inc. Associate-Owners. This new platform expands our reach beyond the Automotive and Trucking Aftermarket and strengthens our overall diversification strategy.”

“This acquisition brings me back to my roots in the national homebuilding market,” said Jason Kelly, CFO of Jasper Holdings, Inc. “The Jenkins family has built an exceptional organization, and under current leadership, the company is poised for substantial growth through its deep and growing relationships with many of the nation’s largest homebuilders. Jenkins Plumbing represents a strong platform for our Associates and further enhances our position as one of the largest and best-performing 100% Employee-Owned (ESOP) companies in the country. We look forward to welcoming all Jenkins Associates into the JASPER family.”

“Our family is thankful we have found a new partner that values our culture and employees,” said Mike and Mark Jenkins, Co-Founders of Jenkins Plumbing. “We also want to thank all of our employees for their dedication and hard work, as well as our customers and suppliers for their support and friendship as our business has grown over the years.”

“We are very excited to partner with the JASPER team through the next phase of growth for Jenkins Plumbing,” said Britt Jenkins, President of Jenkins Plumbing. “I am grateful for JASPER’s enthusiasm, support, and commitment towards the future of our business as our team looks to accelerate growth and continue to capitalize on the many opportunities Jenkins Plumbing has across the Southeast.”

VRA Partners, LLC, served as the exclusive financial advisor, and James Bates Brannan Groover LLP served as legal counsel to Jenkins Plumbing. Dentons served as legal counsel to Jasper Holdings, Inc.

Jasper Holdings, Inc. (JHI) is a 100% employee-owned company based in Jasper, Indiana. JHI is the parent company of several subsidiaries, including Jasper Engines and Transmissions, Jasper Electric Motors, Jasper Innovative Solutions, Weller Truck Parts, Diesel USA Group, D&W Diesel, and Jer-Den Plastics. It ranks as the 27th largest Employee Stock Ownership Plan (ESOP) in the nation.

JHI specializes in remanufacturing and distribution and is a significant player in the automotive and trucking aftermarket as well as other industries. The company is recognized for its commitment to high-quality products, continuous improvement, and an employee-ownership culture.

Jasper Holdings, Inc. is committed to continuous improvement in various areas, including Safety, Quality, Productivity, Customer Service, and Reduction of Waste. As a Corporate Christian Citizen, JHI focuses on preserving natural resources, supporting diversity, and giving back to communities to help them become stronger. The company continually strives to “Do It Right… And Have Fun!”

For more information about Jasper Holdings, Inc., please visit: https://www.jasperholdingsinc.com/ or contact us at https://www.jasperholdingsinc.com/contact-us/.

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