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Frontier Service Partners
Frontier Service Partners consolidates essential field-service businesses across the Midwest, run by Cort Jacoby and Brian Kearns from Kansas City.
Frontier Service Partners
Frontier Service Partners operates as a permanent-capital vehicle targeting essential service businesses in fragmented industrial and commercial end-markets. Cort Jacoby and Brian Kearns formed the firm to acquire and operate companies in HVAC, plumbing, electrical, and related trades — sectors characterized by recurring demand, limited technology-disruption risk, and deep local moats. The firm is anchored in Kansas City and pursues a buy-and-hold strategy rather than a typical private-equity flip cycle. The strategy centers on acquiring founder-operated field-service companies with $5 million to $50 million in revenue, typically those lacking a clear succession plan. Frontier provides centralized back-office support, technology infrastructure, and growth capital while preserving the local brand and operating autonomy. Target verticals include commercial HVAC, fire protection, pest control, and specialty industrial services. The firm's geographic focus spans the Midwest and Great Plains, with confirmed operational presence in Missouri, Kansas, and Nebraska (public record). The firm structures itself as a long-term holding company rather than a conventional fund, allowing it to avoid forced exit timelines. Jacoby and Kearns have publicly emphasized a partnership model where selling founders retain meaningful equity and operational control. Adjacent to the core service platform, the firm maintains strategic relationships with regional equipment distributors and trade-school apprenticeship programs to address persistent labor constraints in the skilled trades. Frontier's structural differentiator is its permanence — it does not operate a standard 10-year closed-end fund with LP redemption pressure. This architecture lets it evaluate acquisitions on a 20-year hold horizon, aligning incentives with second-generation family owners who resist selling to traditional private equity. The model echoes the long-duration consolidation strategies seen at publicly traded peers, but executed from a private, Kansas City base, which influences deal flow in owner-operated markets where coastal capital is viewed with skepticism.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Kansas City
Corporate office
Kansas City, MO, United States
Principals
Cort Jacoby
Managing Partner
Brian Kearns
Partner
Sector focus
Frequently asked questions
How does Frontier Service Partners source its acquisition targets?
Frontier primarily sources deals through proprietary relationships with business brokers, trade-association networks, and direct outreach to founder-owned HVAC, plumbing, and electrical contractors across the Midwest. The firm's Kansas City base and long-term-hold reputation give it an edge with sellers who are wary of flipping to traditional private equity. Many targets surface through referrals from equipment distributors and regional CPAs who advise owners on succession.
Is Frontier structured as a private equity fund or a holding company?
Frontier operates as a permanent-capital holding company, not a traditional closed-end private equity fund. This means it does not face a 5-to-7-year exit mandate and can hold acquired businesses indefinitely. The structure allows selling founders to roll meaningful equity into a vehicle designed for multi-decade ownership.
What types of businesses does Frontier target?
Frontier acquires essential, non-discretionary field-service businesses — primarily commercial and residential HVAC, plumbing, electrical services, fire protection, pest control, and specialty industrial maintenance. The unifying thesis is recurring demand from assets that cannot defer repair, typically in $5 million to $50 million revenue founder-owned companies.
Who makes investment decisions at Frontier Service Partners?
Managing Partner Cort Jacoby and Partner Brian Kearns lead the investment committee. The firm maintains a lean senior team in Kansas City, and key capital-allocation and partnership-structure decisions rest with the two named partners, who are the public faces of the firm's deal-making activity.
How does Frontier address the skilled-labor shortage in its portfolio?
Frontier partners with regional trade schools and apprenticeship programs in its operating markets to build a labor pipeline for portfolio companies. The firm has publicly highlighted workforce development as a central value-creation lever, given that technician recruitment and retention are the binding constraints on growth in HVAC and electrical services.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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