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LOVETT Inc. Acquires Mike Patterson Plumbing

Strengthening position in plumbing across Oregon and SW Washington.
PORTLAND, Ore., Sept. 12, 2023, FOR IMMEDIATE RELEASE

LOVETT Inc., a prominent leader in the construction services industry, proudly announces its strategic acquisition of Mike Patterson Plumbing, located in Gladstone, Oregon.

The primary objective of this acquisition is to augment the recent success of LOVETT Inc.’s acquisition of Kruse Plumbing in Vancouver, Washington. By integrating the operations of Mike Patterson Plumbing and Kruse Plumbing, LOVETT Inc. is poised to unlock unprecedented economies of scale and streamline backend operations.

"We are thrilled about this very important step towards consolidation and the efficiencies both organizations will see from the acquisition. This also goes a long way toward supporting our commitment of five-star service for our customers."
Gary Cosmer
CEO, LOVETT Inc.
"We are on the move to strengthen and grow plumbing in Oregon and SW Washington. The acquisition of Mike Patterson Plumbing combined with our recent acquisition of Kruse Plumbing in Washington does just that."
Dale Lovett
Founder and Chairman, LOVETT Inc.
"Mike Patterson Plumbing has an outstanding reputation and presence in the plumbing community. I am excited to be able to share our strategies, learn from each other and continue to grow our companies in the right direction."
Ryan Kruse
General Manager, Kruse Plumbing
"We are very excited to join the Lovett Family of Companies. We are especially excited for the increased resources and capabilities that both the customers and employees will benefit from through the combination of Kruse and Mike Patterson Plumbing."
Bryan O'Doherty
General Manager, Mike Patterson Plumbing

Note: This press release contains forward-looking statements. LOVETT Inc. undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release.

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