Platform File: Trades Holding Company

Short answer

Trades Holding Company is a Columbus-area residential-services operator owned by CPC. It runs Mr. Rooter Plumbing, Mr. Electric, Rainbow Restoration, and Aire Serv franchise territories across Ohio, Indiana, and Kentucky. CPC reports more than 380 full-time employees, including 262 trade professionals.[1]

Echelon verified two active Ohio company affiliations as of August 29, 2026: PL.13244 under Trades RTR, LLC and EL.25528 under Trades ELE, LLC. The records do not support a two-location interpretation. They show two regulated company relationships serving a much larger franchise-territory map.

The read: Trades is consolidating operating territories while centralizing regulated authority through trade-specific entities. The franchise names generate demand. The Trades entities and named credential holders carry the state-level operating dependency.

Key takeaways

  • Fifteen mapped operating rows resolve to four franchise systems across three states.
  • CPC completed its acquisition of Trades in 2023.[2]
  • Phil Dodyk became CEO in January 2024.[3]
  • Two active Ohio credentials resolve to Trades-prefixed entities at 405 N Brice Rd.
  • Both verified Ohio relationships stayed unchanged across 10 retained endpoints from July 4 through August 29, 2026.
  • Kentucky remains unresolved because its roster licenses people, not companies.

This file is part of Echelon’s residential trades roll-up coverage.

Ownership and capital sequence

Date Event What the evidence establishes
1994 Company founded by Jim Eble CPC identifies 1994 as the founding year.
July 2023 CPC partnership begins CPC later described July 2023 as the start of the partnership.
August 14, 2023 CPC announces completed acquisition Trades became CPC’s third acquisition.[2]
January 25, 2024 Phil Dodyk named CEO Megan McKay moved from acting CEO to senior advisor.[3]

CPC says it is owned by large family offices and entrepreneurs and does not use enterprise leverage to fund acquisitions. That is CPC’s stated capital model, not a claim about the debt structure of each Trades operating entity.[2]

Operating roster

The Echelon ownership map contains 15 location or territory rows. It should not be read as 15 separate owned brands or 15 legal entities.

Operating territory Market State Platform year
Rainbow Restoration of Carmel Carmel IN 2024
Mr. Rooter Plumbing of Indianapolis and Central Indiana Indianapolis IN 2024
Aire Serv of Muncie Muncie IN 2024
Mr. Rooter Plumbing of Muncie and Anderson Muncie IN 2024
Mr. Rooter Plumbing of Florence Florence KY 2024
Mr. Rooter Plumbing of Greater Cincinnati Cincinnati OH 2024
Mr. Electric of Cleveland Cleveland OH 2023
Mr. Rooter Plumbing of Cleveland Cleveland OH 2023
Mr. Electric of Columbus Columbus OH 2023
Mr. Rooter Plumbing of Columbus Columbus OH 2023
Rainbow Restoration of Columbus Columbus OH 2024
Mr. Rooter Plumbing of Dayton Dayton OH 2024
Mr. Rooter Plumbing of Mansfield Mansfield OH 2023
Mr. Electric of Toledo Toledo OH 2023
Mr. Rooter Plumbing of Toledo Toledo OH 2023
Bar chart showing 10 Trades Holding operating territory rows in Ohio, four in Indiana, and one in Kentucky.
Mapped territory rows in Echelon’s ownership layer. A territory is not automatically a separate company, license, or acquisition.

Echelon database findings

Two trade-specific entities carry the verified Ohio floor

Credential Trade Company on record Named holder Status
PL.13244 Plumbing Trades RTR, LLC Leonard R Dolly III Active
EL.25528 Electrical Trades ELE, LLC Richard S Richwine Active

Both records use 405 N Brice Rd in Blacklick. The FMCSA record for Trades Holding Company LLC uses that same address and reports 41 power units and 35 drivers as of September 1, 2026.[7]

Bar chart showing one verified active Ohio plumbing company affiliation and one verified active Ohio electrical company affiliation for Trades Holding Company.
Verified Ohio floor as of August 29, 2026. Ohio’s statewide system covers commercial specialty contracting. It does not create a complete residential license census.

The operations and qualifier layers meet on Leonard Dolly

CPC named Len Dolly as a Master Plumber who had led operations at Trades for more than 20 years in its April 2024 acquisition release.[5] Ohio’s current record names Leonard R Dolly III on PL.13244 for Trades RTR, LLC. The name, role, entity, and shared platform address make this a supported identity link rather than a brand-name guess.

Analytical read: The plumbing credential is attached to a person CPC identifies as a senior operating leader. That makes qualifier continuity a platform-level dependency, even though one credential can support work across several operating territories.

Ten endpoints show stability, not inactivity

Each verified Ohio relationship appears unchanged across 10 retained weekly endpoints from July 4 through August 29, 2026. Echelon observed no company, holder, or status change on either credential during that window.

The result is bounded. Weekly snapshots compare endpoints. They cannot reveal a change that occurred and reversed between pulls, and this history begins after CPC acquired the platform.

Verified licensed footprint and coverage limits

The verified floor is two active Ohio company affiliations. It is not a count of stores, technicians, legal entities, or national licenses. Ohio’s roster covers commercial electrical, plumbing, HVAC, hydronics, and refrigeration contractors. Residential contractors are not uniformly required to hold an Ohio state credential.

Indiana does not provide a comparable statewide contractor-license layer for these trades in Echelon’s database. Kentucky’s official search covers individual licensees in plumbing and other regulated trades.[11] Echelon found no active exact DBA match for the Florence territory under the tested Mr. Rooter, Trades Holding, or American Eagle strings in the August 29 Kentucky roster. That territory remains unresolved, not unlicensed.

Acquisition history

Date Acquired assets Geographic effect
October 18, 2023 TWD Plumbing Inc., doing business as Mr. Rooter Plumbing of Mid-Ohio Connected Mansfield to the existing Ohio footprint.[4]
April 4, 2024 American Eagle Plumbing and Drain Cleaning assets for Greater Cincinnati, Dayton, and Florence Added Southwest Ohio and Northern Kentucky territory.[5]
August 5, 2024 Mr. Rooter assets in Muncie, Anderson, Indianapolis, and Central Indiana; Aire Serv of Muncie; Rainbow Restoration of Carmel Entered Central Indiana, HVAC, and franchised restoration.[6]

The August 2024 transaction also converted the independent Right Restoration operation into Rainbow Restoration of Columbus.[6] That move reduced the mix of independent and franchised consumer brands while adding another Neighborly system.

Analytical read

The read: Trades is a territory consolidator inside a franchisor’s brand architecture, not a conventional house-of-brands platform. CPC owns the operating company. Neighborly controls the franchise systems. Trades controls the local operating territories and the employment base.

That structure changes the competitive game. Trades can add density without funding a new consumer brand in every market. The constraint is franchise approval and territory availability. Neighborly benefits from a larger, better-capitalized franchisee, but it also has reason to limit concentration if one operator gains too much bargaining power inside a brand system.

The strongest alternative reading is that two Ohio credentials understate a decentralized license structure hidden in municipal records or individual names. That is plausible, especially for residential work in Ohio. It does not weaken the verified two-record floor. It sets the next research target.

What to watch

  1. Any company, holder, or status change on PL.13244 or EL.25528.
  2. A verified Kentucky qualifier bridge for the Florence territory.
  3. New Neighborly territories adjacent to the Ohio and Central Indiana footprint.
  4. Whether Trades adds HVAC beyond Aire Serv of Muncie.
  5. Whether municipal registrations reveal separate local operating entities under the same franchise names.

FAQ

Who owns Trades Holding Company?

CPC owns Trades Holding Company. CPC announced the completed acquisition in August 2023 and describes its model as long-term buy, build, and hold ownership.

Who runs Trades Holding Company?

Phil Dodyk has served as CEO since January 2024. Megan McKay moved from acting CEO to senior advisor when he joined.

What brands does Trades Holding operate?

CPC's current profile names four franchise systems: Mr. Rooter Plumbing, Mr. Electric, Rainbow Restoration, and Aire Serv.

How large is Trades Holding Company?

CPC currently reports more than 380 full-time employees, including 262 trade professionals, across Ohio, Indiana, and Kentucky.

How many licenses does Trades Holding Company hold?

Echelon verified a floor of two active Ohio company affiliations: one plumbing credential under Trades RTR, LLC and one electrical credential under Trades ELE, LLC. This is not a national license total.

Does Neighborly own Trades Holding Company?

No ownership evidence reviewed for this file supports that conclusion. Trades operates Neighborly franchise brands, while CPC owns the operating platform.

Track the movement behind the roster

A static map shows where Trades operates. The Deal Ledger follows the license, qualifier, and entity changes that alter operating authority between announcements.

See the Deal Ledger

Need a company-specific license review?

An Echelon Intelligence Report tests brand claims against current entities, credentials, qualifiers, and retained history.

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Methodology

Echelon reviewed CPC company and transaction pages on September 3, 2026. The operating roster counts one location or territory row in Echelon’s ownership map. Ohio and Kentucky license evidence uses retained official records dated August 29, 2026. FMCSA scale evidence reflects its September 1, 2026 snapshot. Exact-name candidates were manually reviewed before promotion to the verified floor.

Ohio records in this file represent state commercial specialty credentials and their company affiliations. Kentucky records represent individual credentials. Indiana is outside the comparable state-license layer. An unresolved match is not an absence finding.

Sources

  1. [1] Trades Holding Co., LLC company profile
  2. [2] CPC announces acquisition of Trades Holding Company
  3. [3] Trades Holding hires Phil Dodyk as CEO
  4. [4] Trades Holding acquires Mr. Rooter of Mid-Ohio
  5. [5] Trades Holding acquires Greater Cincinnati, Dayton, and Florence Mr. Rooter assets
  6. [6] Trades Holding adds Indiana Mr. Rooter, Aire Serv, and Rainbow Restoration assets
  7. [7] FMCSA SAFER Company Snapshot for Trades Holding Company LLC
  8. [11] Kentucky license search and verification

Database sources: Ohio Construction Industry Licensing Board retained roster and affiliation snapshots; Kentucky Department of Housing, Buildings and Construction retained roster; Echelon platform ownership map. Snapshot dates and counting units appear in the methodology.

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