Peregrine Advisors guides Holloway Plumbing partnership with Team First Home Services

Peregrine Advisors said it served as exclusive adviser to Holloway Plumbing in its partnership with Team First Home Services on Sept. 17, 2026. The deal expands Team First’s Texas footprint and gives Holloway access to a larger residential services platform in a fast-growing region.

Why it matters: - Holloway Plumbing brings Team First Home Services a long-established plumbing business in the Texas Hill Country, one of the fastest-growing regions in the U.S. - The partnership adds a residential customer base and local operating experience to Team First’s Texas presence. - The deal reflects continued consolidation in plumbing and related home services.

What happened: - Peregrine Advisors said on Sept. 17, 2026, that it served as exclusive adviser to Holloway Plumbing, Inc. in its partnership with Team First Home Services. - The transaction was announced in Kerrville, Texas. - Peregrine Advisors said the process ran from preparation through closing and drew interest from multiple strategic parties.

The details: - Holloway Plumbing has spent nearly half a century building a reputation for plumbing installation, maintenance and service work. - Holloway Plumbing is a licensed plumbing contractor serving residential clients in Texas. - Holloway Plumbing’s services include general plumbing, water heaters, gas lines, bathroom and kitchen fixtures, and home repiping. - Team First Home Services is a residential services platform focused on plumbing, sewer, water and related home services. - Team First Home Services is backed by Grove Mountain Partners. - Team First partners with local operators known for technical excellence and customer-first service. - Peregrine Advisors is an M&A advisory firm focused on sell-side and buy-side work across industrial and trade services, including HVAC, plumbing, electrical, and fire and life safety providers. - Terms of the transaction were not disclosed.

Between the lines: - The partnership gives Team First another market-leading local operator to build around in Texas. - Holloway Plumbing gains access to a broader platform that could support growth, operational resources and future expansion. - Peregrine Advisors framed the deal as a competitive process that attracted multiple strategic bidders. - Robert Fahrenhorst, managing director at Peregrine Advisors, said the firm believes the partnership will unlock meaningful opportunities for Holloway’s continued growth.

What's next: - Team First Home Services is expected to continue expanding through partnerships with local plumbing and home services operators. - Holloway Plumbing is expected to keep serving residential customers in Texas under the new partnership structure. - No additional financial terms or integration details were disclosed.

The bottom line: - The deal ties a long-running Texas plumbing operator to a growing home services platform, with the strongest near-term upside centered on regional expansion and operational scale.