Bluehenge Partners With M. Spiegel & Sons / SOS Xtreme Comfort
BATON ROUGE, Louisiana (August 28, 2024) – Bluehenge Capital Partners (Bluehenge), a leading private investment firm, is pleased to announce its investment in M. Spiegel & Sons (S&S), the parent company of SOS Xtreme Comfort (SOS), a well-established leader in the home comfort sector. This strategic investment marks a significant milestone in Bluehenge Capital’s commitment to expanding its portfolio in the essential services market.
Founded in 1934 by Murray Spiegel during the Great Depression, SOS has grown into a trusted name in the propane, heating oil and HVAC services industry, serving customers across New York, New Jersey and Pennsylvania. The company has thrived under the Spiegel family’s ownership for four generations, earning a reputation for excellence, integrity and community involvement.
Bluehenge provided SOS with resources to complete an important family ownership transition and will support its investment with strategic guidance and financial wherewithal needed to position the company for future growth. Jeffrey Spiegel, who recently assumed the role of President, along with his wife Meredith, Chief Operations Officer, will remain at the helm, ensuring continuity and a seamless transition.
“We are thrilled to welcome SOS into the Bluehenge Capital portfolio,” said A. David Kocen, Managing Partner at Bluehenge. “This investment aligns well with our strategy of partnering with established businesses that share our values of integrity, excellence and a commitment to customer satisfaction. We look forward to supporting Jeff, Meredith and the entire SOS Xtreme Comfort team as they continue to build on their strong foundation and expand their service offerings.”
“My wife and I chose Bluehenge due in large part to the open communication with David and the team’s business acumen. The process with them was fluid and never stalled,” said Jeffrey Spiegel, President of SOS. “With their support, we are well-positioned to grow our business while maintaining the family-oriented approach that has been the cornerstone of our success for nearly 90 years. Our dedication to delivering comfort, safety and peace of mind to our customers remains as strong as ever.”
About Bluehenge Capital Partners
Bluehenge Capital Partners is a Baton Rouge, Louisiana-based private equity and private credit investment firm offering creative capital solutions for lower middle-market businesses across various industries. In partnership with the US Small Business Administration, Bluehenge has raised over $420 million of capital in pursuit of its strategy. The Bluehenge team has a long history providing capital for buyouts, acquisitions, and growth to companies across a nationwide footprint. For additional information, please visit bluehenge.com.
About M. Spiegel & Sons / SOS Xtreme Comfort
Founded in 1934, SOS Xtreme Comfort has been a leader in propane and heating oil delivery, as well as HVAC services, across New York, New Jersey, and Pennsylvania. With a strong emphasis on community involvement and customer satisfaction, the company has been a trusted provider of comfort solutions for nearly 90 years. For more information, please visit sosxtremecomfort.com.
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