Lovett Acquires C.H. Kruse Plumbing, Inc.

PORTLAND, Ore., February 1, 2021 (Newswire.com) - This, the company's second acquisition in as many years, goes hand in hand with vital transformative strategies to support the company's long-term organic and inorganic growth. One of the most critical of those strategies is to expand our portfolio to be among the most comprehensive in the industry while simultaneously improving profitability through verticalization of services previously outsourced by both organizations.

"While the folks at Kruse focus on plumbing like we do, they serve a completely different market segment. By introducing our existing customers to the services, they offer and their customers to our portfolio of services we are able to provide a higher service level to the customer base of both organizations," said Gary Cosmer, Lovett Inc. President & CEO

"The expertise that the Kruse team has with new construction projects is a perfect accompaniment to our newly established commercial construction group, we welcome them to our family and look forward to working side by side building out our future," said Dale Lovett, Lovett Inc. Founder & Chairman

"This acquisition is great for C.H. Kruse Plumbing as it protects and welcomes our employees and customer base. We have been a family-owned business for 41 years, founded by myself and my wife, and we are proud that our son Ryan who has run the company for the last eight years will continue to do so as part of the Lovett Family. We also look forward to the corporate energy and business acumen that Lovett will provide," said Carl Kruse, C.H Kruse Plumbing, Inc.  Founder & CEO

Kruse Plumbing will continue to operate under their existing brand and at their current location.

About Lovett Inc.

Lovett is a construction services company providing excavation, directional drilling, plumbing, drain cleaning, vac-truck, mitigation and restoration services. The company serves the greater Portland and SW Washington metro areas by providing a multitude of construction services specializing in emergency plumbing and excavation services, drain cleaning, service repair and installation. www.lovettservices.com

About C.H. Kruse Plumbing Inc.

C.H. Kruse Plumbing is a family operated plumbing company serving SW Washington and the Portland Metro Area.  Kruse Plumbing specializes in new construction and building improvement projects and is extremely knowledgeable in every aspect of the plumbing trade with over 50 years of experience in the plumbing field. www.chkruseplumbing.com

Contact: Pete Jordan / 503-544-4789 / Pete.J@lovettservices.com

Source: Lovett Inc.