Veteran owner walking the shop floor with his team
    Portfolio

    Built to last after the handoff

    See how two trades companies kept their names, their people, and their customers after joining VXL.

    If you own a trades company, the sale is only part of it. You want to know the crew still has work, the phone still gets answered the same way, and the name you built still means something on the truck.

    VXL partners with owners who want a clean next chapter and a business that keeps serving the community. Veteran operators run the companies day to day. Shared support covers finance, HR, marketing, IT, and compliance so the field stays focused on the work.

    In year one together, Siegman and Schaefer grew combined revenue 50%.

    Download our capability statement (PDF)

    Two of our trades companies kept their names, their people, and their customers after joining VXL, with these family-led business owners staying on. They had spent over 30 years building their brands, their teams, and their legacies, and they wanted them preserved. Despite many offers from private equity, they chose to work with VXL, to give a veteran a chance, and to see another generation carry forward their legacy.

    Siegman Forced Air Systems logoHVAC and plumbing, Southern PA and Northern MD

    Siegman Forced Air Systems

    • Founded 1992
    • Hanover, PA and Westminster, MD
    • SDVOSB
    • Joined VXL in Q1 2024
    Visit website

    Siegman Forced Air Systems is a Hanover, Pennsylvania HVAC and plumbing company founded in 1992 by a family-led ownership team, including a U.S. Navy veteran. VXL acquired Siegman in Q1 2024.

    Why did the founders choose VXL?

    They wanted the brand, the team, and the legacy they spent over 30 years building to be preserved. Despite many offers from private equity, they chose VXL to give a veteran a chance and to see another generation carry it forward.

    What stayed after the acquisition?

    The Siegman name stayed, and every teammate stayed. VXL acquired Siegman in Q1 2024, and the shop kept serving Hanover and the towns around it.

    What is Siegman & Schaefer today?

    Siegman now works alongside Schaefer under the VXL flag. Both companies carry SDVOSB, an executive team focused on growth, and support for their people with new technology, marketing, and support for sustained growth.

    Schaefer Mechanical logoCommercial plumbing, Maryland

    Schaefer Mechanical

    • Founded 1995
    • Maryland commercial construction
    • SDVOSB
    • Joined VXL in Q4 2024
    Visit website

    Schaefer Mechanical is a Westminster, Maryland commercial plumbing company founded by a master plumber on August 1, 1995, and led by a family-led ownership team. VXL acquired Schaefer in Q4 2024.

    Why did the founders choose VXL?

    These family-led business owners wanted the brand, the team, and the legacy they spent over 30 years building to be preserved. Despite many offers from private equity, they chose VXL to give a veteran a chance and to see another generation carry it forward.

    What stayed after the acquisition?

    The Schaefer name stayed, and every teammate stayed. VXL acquired Schaefer in Q4 2024, and the crew kept doing commercial plumbing for the general contractors it has long worked with.

    What is Siegman & Schaefer today?

    Schaefer now works alongside Siegman under the VXL flag. Both companies carry SDVOSB, an executive team focused on growth, and support for their people with new technology, marketing, and support for sustained growth.

    Under the VXL flag

    Now under the VXL flag, both of these companies carry SDVOSB, an executive team focused on growth, and support for their people with new technology, marketing, and support for sustained growth.

    A sampling of our commercial work.

    • Upper East Apartments

      LEED Platinum, six buildings over two years. Over $4.4M, our largest contract to date.

    • Park Montgomery 9%

      76 units over structured parking. $1.8M over two years.

    • College Parkway Place

      A 90% repipe across 170 occupied units. Scope grew from $1.3M to over $2M.

    • Beacon House

      An 1893 school turned into 80 units. Over $1.9M projected across 18 months.

    Credentials

    $10M+ delivered scope across recent multifamily and adaptive-reuse projects.

    SDVOSB

    SBA Service-Disabled Veteran-Owned Small Business

    DOBE

    Disability:IN certified

    MD VSBE

    Maryland Veteran-Owned Small Business Enterprise

    Licensed and insured

    In Pennsylvania and Maryland

    Bonding capacity

    $4M single, $10M aggregate

    Primary NAICS

    238220

    Two locations

    Hanover, PA and Westminster, MD, serving the corridor from Baltimore to Frederick to Harrisburg

    Our mission: help 100 businesses start, operate, acquire, or transition over 20 years.

    Facility exterior for Siegman and Schaefer
    Home base for the Siegman and Schaefer team.
    Smiling crew member in hard hat and hi-vis giving a thumbs-up
    The people who do the work.

    What sellers can expect

    Your people matter.

    The goal is to keep the team that built the business.

    Your name can stay.

    Customers still recognize who shows up.

    Your customers keep getting served.

    Those relationships don't get sold off and forgotten.

    A partner, not a strip-down.

    Shared services handle the heavy admin so operators can run the work.

    Frequently asked questions

    Which companies are in the VXL portfolio?

    Siegman Forced Air Systems, an HVAC and plumbing company in Southern PA and Northern MD, and Schaefer Mechanical, a commercial plumbing company in Maryland. They work side by side as Siegman & Schaefer.

    Who owns Siegman Forced Air and Schaefer Mechanical now?

    Both are portfolio companies of Veteran Executive Leadership (VXL). VXL acquired Siegman in Q1 2024 and Schaefer in Q4 2024.

    Are they still veteran-owned and SDVOSB?

    Yes. Both companies carry SDVOSB under the VXL flag.

    Did private equity buy them?

    No. Despite many offers from private equity, the founders chose to work with VXL to preserve their brands, teams, and legacies and give a veteran a chance.

    When did VXL acquire Siegman and Schaefer?

    VXL acquired Siegman in Q1 2024 and Schaefer in Q4 2024. Both names stayed, and every teammate stayed.

    What happened to combined revenue in year one?

    In year one together, Siegman and Schaefer grew combined revenue 50%. The crews kept serving their customers under the VXL flag.

    Where can I download the VXL capability statement?

    Use the Download our capability statement (PDF) button on this page or the link in the site footer. It covers credentials, locations, and selected projects.

    Thinking about your own handoff?

    If you want your company to keep its reputation after you step back, let's talk.

    info@veteranexecutiveleadership.com

    Ready to talk?

    Whether you want to hire a leader, sell or hand off your company, or buy one as a veteran, give us a call.

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