Springdale Industries Backs Allied Chimney Partners to Bring Local Partnership to the Chimney Services Industry
TAMPA, Fla. | September 15, 2026 | Springdale Industries (“Springdale”), an operating company with permanent capital to back platforms partnering with exceptional local businesses, today announced the growth-focused capital commitment to Allied Chimney Partners (“Allied Chimney”), a fast-growing platform dedicated to partnering with leading chimney service businesses across the United States. Springdale typically invests $50 million to $100 million or more behind each of its platforms, giving Allied Chimney and its partner companies access to significant long-term capital to support continued growth.
The chimney services industry is built around local businesses. Many have spent decades establishing trusted names in their communities, developing skilled teams and building lasting relationships with homeowners. Allied Chimney was formed around the belief that these businesses should be able to access the resources and opportunities of a larger organization without giving up the independence and local identity that made them successful.
Allied Chimney partners with owners who want to build on what they have already created. Partner companies continue operating under their existing brands, with their teams and leadership in place and local operators continuing to run the day-to-day business. Owners also retain meaningful equity in their companies, giving them the opportunity to participate in the long-term value they help create.
Allied Chimney completed its first partnership in July 2026 and is actively looking to partner with leading chimney service companies across the country. The platform is focused on high-quality businesses providing chimney cleaning, inspection, repair, masonry and related services to homeowners in their local markets.
“We have spent a lot of time getting to know the chimney services industry, and the more we have learned, the more excited we have become about what can be built here,”
said Jake Sloane and Frank Zhang, Co-Founders of Springdale Industries.
“This is an industry full of exceptional local businesses, talented people and owners who have spent decades earning the trust of their communities. We are making a significant long-term commitment to Allied Chimney because we believe there is an opportunity to build something truly special alongside those owners, investing behind their businesses, creating opportunities for their teams and building a network that can help shape the future of the industry.”
As part of Allied Chimney, partner companies gain additional resources to help strengthen and grow their businesses. Allied Chimney provides support across areas such as finance and accounting, human resources, recruiting and talent development, sales & marketing, procurement, technology, and applied AI and automation. These shared capabilities are designed to take work off the plates of local operators while providing tools and expertise that can be difficult for an independent business to build on its own.
The broader Allied Chimney network also creates opportunities for chimney professionals to learn from other leading operators, share best practices and create new career paths for employees. As the network grows, each partner will benefit from the collective experience, capabilities and relationships of a larger group while continuing to serve customers and communities under the local brands they have built.
Allied Chimney is designed to be a long-term partner, not a traditional buyer. With permanent capital behind the platform, there is no predetermined investment timeline or requirement to sell partner companies after a set number of years. Whether an owner is looking to accelerate growth, reduce the administrative burden of running a business, create greater opportunities for employees or begin planning for succession, Allied Chimney provides a flexible partnership built around the owner and the long-term success of the business.
About Allied Chimney Partners
Allied Chimney partners with leading chimney service companies across the United States. Through its Local Partnership model, Allied Chimney helps owners preserve their brand, team and local independence while providing additional resources to support long-term growth. Owners retain meaningful equity in their businesses and continue to participate in the value they create.
For more information, visit alliedchimney.com.
About Springdale Industries
Springdale Industries, an operating company with permanent capital, brings the Local Partnership model to established industries where it has not traditionally existed. The company was founded by entrepreneurs Jake Sloane and Frank Zhang, who together have built 10 companies to >$7 billion in enterprise value through hundreds of partnerships with local business owners over the past decade. Founders keep their brand, preserve their autonomy and retain meaningful ownership in their local businesses while gaining the support, capabilities and financial upside of being part of a larger national platform.
For more information, visit springdaleindustries.com.
