Hudson Valley plumbing, heating and water-systems company that has served Westchester and Putnam counties since 1964 enters its next chapter under new owner Tom Kulesa

TAMPA, Fla., Nov. 4, 2026 /PRNewswire/ -- Schryver & Co., a boutique M&A advisory firm built exclusively for the trades, today announced that it served as the exclusive M&A advisor to Bee & Jay Plumbing & Heating Corp. ("Bee & Jay") in the company's sale to Tom Kulesa, a New York-based entrepreneur who will lead Bee & Jay into its next chapter. Terms of the transaction were not disclosed.

Founded in 1964 and headquartered in Mahopac, N.Y., Bee & Jay is one of the Hudson Valley's longest-standing plumbing and heating, and water system companies. Under co-owners Ted Kugler and Joe Scollan, the company has grown from residential service and remodeling work into a full-service plumbing, heating and water-systems provider, serving homeowners, businesses and local communities across Westchester and Putnam counties.

Schryver & Co. ran a competitive, confidential process on behalf of the owners and advised them from preparation and buyer outreach through negotiation and closing. Tom's acquisition keeps the Bee & Jay name, team and local leadership in place while bringing in a committed owner-operator to carry the business into its next 60 years.

"Joe and I spent our careers building Bee & Jay around one idea: when a family in Mahopac or Yorktown has no water or no heat, we show up and we fix it," said Ted Kugler, co-owner of Bee & Jay. "Handing that over wasn't something we were going to do lightly. Will and the team at Schryver & Co. understood what this company means to our employees and our customers, and they found us the right partner."

"We talked to a lot of potential buyers, and most of them wanted to fold us into something bigger," said Joe Scollan, co-owner of Bee & Jay. "Since my father founded the business over 60 years ago, Bee & Jay has continued to be successful through our dedication to excellent customer service. We are excited to partner with Tom, who will bring additional financial and operational resources to accelerate our growth while maintaining our commitment to our customers. Schryver & Co. made the whole process clear and manageable for two guys who would rather be in the field than in a conference room."

"For more than 60 years, Bee & Jay has earned a reputation across Westchester and Putnam counties for best-in-class customer service, supported by a team that takes real pride in its work," said Tom Kulesa, Founder of Jadwin Capital. "I look forward to partnering with Ted, Joe, and the Bee & Jay team to build upon the company's strong brand name and loyal customer base, while investing in our people, our tools, and the systems that will support the next phase of growth. I am grateful to Ted and Joe for entrusting me with the business they have spent their careers building, and I am committed to carrying their legacy forward. I also want to thank the Schryver & Co. team, whose deep knowledge of the home services industry helped make this a professional and efficient process."

"Ted and Joe spent six decades doing the work the right way, and they deserved an advisor who understands both the trade and the market for it," said Will Schryver, Founder and Managing Partner of Schryver & Co. "Ted and Joe wanted a partner who would protect what they built, and Tom is that partner. We're proud to have guided them through one of the most important decisions of their careers."

The transaction represents another successful closed engagement for Schryver & Co., which provides sell-side and buy-side M&A advisory to owners of HVAC, plumbing, electrical, roofing & exteriors, and adjacent residential and commercial service businesses nationwide.

About Bee & Jay Plumbing & Heating
Bee & Jay Plumbing & Heating Corp. has served homeowners, businesses and municipalities in Westchester and Putnam counties, N.Y., since 1964. From its headquarters in Mahopac, the company provides residential plumbing and heating service, bathroom and kitchen remodeling, gas and water-heater installation, well and water-treatment systems, and, through its mechanical and municipal divisions, the design, construction, operation and maintenance of commercial and municipal water and wastewater systems. Bee & Jay holds master plumber licenses in both counties and is a certified New York State water system operator. For more information, visit www.beeandjay.com.

About Jadwin Capital
Jadwin Capital is the New York-based firm through which entrepreneur Tom Kulesa acquires and operates family- and founder-owned businesses. The firm takes a long-term, hands-on approach: preserving the culture and values that define a company while providing the capital, expertise and resources to support its next phase of growth. For more information, visit www.jadwincapital.com.

About Schryver & Co.
Schryver & Co. is a boutique M&A advisory firm focused exclusively on residential and commercial services businesses in HVAC, plumbing, electrical, roofing, windows & doors, and adjacent trades. Led by Will Schryver, the firm combines deep M&A knowledge with real-world operator experience to serve trades businesses nationally, offering sell-side and buy-side advisory, independent valuations, and strategic consulting. For more information, visit www.schryverco.com.

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SOURCE Schryver & Co.