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Reed’s Plumbing and Excavating is under new ownership.
Photo courtesy Reed’s Plumbing and Excavating
Reed’s Plumbing and Excavating is under new ownership.

Springfield businessman buys Reed’s Plumbing

Posted online

Springfield businessman Titus Williams added Reed’s Plumbing and Excavating to his portfolio of companies in a multifaceted deal.

Williams, president of Prosperiti Partners LLC, closed on the acquisition Jan. 31 for undisclosed terms, he said via email. He said founder Herb Reed and his son Steve Reed are retiring from the company. Founded in 1972, Reed’s Plumbing and Excavating provides a variety of services, including plumbing contracting; sewer, drain and septic cleaning and repair; HVAC work; and sewer connections, according to its website.

Following the closure of the deal, Williams separated the business into three separate companies: Reed’s Plumbing, Reed’s Excavation and Reed’s HVAC, according to a news release. Williams’ business portfolio also includes Boti Architects LLC, Infiniti Concrete and commercial and residential real estate brokerage W2M Global, according to a news release.

“While each company operates and must be financially successful independently of each other, I wanted to combine a family of companies that can step into a situation to help our customers and clients be successful for any project,” Williams said in the release.

The Reed’s Plumbing and Excavating acquisition involves two other businesses, Williams said via email.

Williams hired Third Generation Excavating LLC owner Troy Wilson to run Reed’s Excavating and Gunther Mechanical LLC owner Nick Gunther to lead Reed’s HVAC. Their teams also are coming aboard, he added.

Williams said Third Generation Excavating and Gunther Mechanical were not acquired and that they’ve ceased doing business.

It’s a busy time for Williams, who’s also working on a $50 million redevelopment of the former Missouri Hotel on Commercial Street and a 220-acre Strafford industrial park, according to past Springfield Business Journal reporting. The park just signed its first tenant: St. Louis-based occupational footwear company Warson Group Inc.

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