Rocket Group has expanded into Utah through a partnership with One Stop Heating & Air Conditioning, a residential HVAC company based in Sandy and run by Jeff and Chacie Packard. Rocket Group Holdings CEO Victor Rancour announced the deal on LinkedIn on October 17. He called One Stop the network’s 15th location nationwide in the two years since the platform launched, and said the goal is to “build one of the premier home service companies in the state of Utah.”
The asset.
One Stop installs, repairs and maintains air conditioners, furnaces and heat pumps, and sells indoor air quality products such as air cleaners, UV lights, humidifiers and media filtration. It offers 24/7 emergency service, consumer financing and a “One Stop Club” maintenance membership. The company says it has served the Wasatch Front since 2017; its BBB profile dates the current LLC to June 2018 and lists Jeff Packard as owner. It runs offices in Sandy and Bountiful, and its service list covers 44 communities: Layton, Clearfield and Syracuse in Davis County, through Salt Lake County, down to Provo and Springville in Utah County, plus Park City, Midway and Tooele. The website cites more than 1,000 five-star reviews. One Stop does not publish revenue or headcount.
Rocket’s announcement graphic shows a refreshed One Stop logo with a horse mascot on the van wrap, along with a callonestop.com web address; the company’s current site is onestoputah.com.
This is not One Stop’s first outside investor. In June 2022, the Pulte family office announced it had acquired interests in the company, which it called Salt Lake City’s leading heating and air conditioning provider. Rancour’s post does not address that stake.
The platform.
Rocket Group is based in Scottsdale, Arizona. Rancour founded Absolute Air Flow in Southern California in 2018, scaled it past $65 million of revenue, and sold it in 2023 before launching Rocket in May 2024. Rocket partners with founders, takes a stake in their businesses, and keeps the local brand and team in place, while supplying what Rancour describes as “systems, technology, training, marketing, and operational support.” That support includes group purchasing, call center and sales training, financial reporting, and RGBI, Rocket’s AI analytics tool for HVAC operators. Rancour has described Rocket as one of the largest non-PE-backed platforms in home services, and we found no current private equity sponsor.
The Packards and Rocket go back years. The couple appeared on Rancour’s Rocket X podcast in September 2022, and in June 2026 Rancour announced that Chacie Packard had joined the Rocket Group team, describing her as a “natural born COO” who wanted to help other contractors scale.
From Arizona to ten states.
Before Utah, Rocket’s current brand map covered Washington, Minnesota, New York, Delaware, Arizona, Texas, Oklahoma, Alabama and Florida. That is the “13 brands in 9 states” Rancour cited on October 1, when he also said the network was up more than 130% year over year. Utah makes ten states by our count. Its brands include Fiscor in Camp Verde, A1 in Tucson and Veterans AC in Phoenix (Arizona); Bellaire in Houston and Roadrunner in San Antonio (Texas); ProThermal in Tulsa; Caswell in Opelika, Alabama; TLS in Southwest Florida; Blues in Washington; True Blue in Delaware; Encore in Minnesota; and, most recently, Glamorgan Heating & Cooling in upstate New York. Rocket’s numbering has shifted over time; Glamorgan was announced in September as its 13th brand. In April, Rancour said the network had passed 200 employees and 135 trucks. His stated targets are 20 locations by the end of 2026 and more than 500 employees by spring 2027.
Utah’s Wasatch Front has drawn other HVAC consolidators this year. PremiStar entered on the commercial side by acquiring Salt Lake City’s MSS, and T3 Services Group added St. George through its Element Home Services deal.
What it means.
For Utah residential HVAC owners, Rocket now has a local operator and a stated intent to build a large in-state company. In Arizona and Texas it added second and third brands after the first. Owners along the Wasatch Front may hear from Rocket alongside the private equity-backed platforms already active in Utah and the Mountain West. Rocket’s model keeps the founder in the business with a continuing stake, which is a different trade-off from a full sale. How much equity changes hands and what the founder’s role looks like after closing are the terms to understand first.
Own a heating and air company in Utah or the Mountain West?
Schryver & Co. advises trades owners with roughly $5 million to $100 million of revenue on partnerships, recapitalizations and full sales. To compare what Rocket-style partnerships and sponsor-backed buyers would mean for your business, write to will@schryverco.com and we’ll set up a confidential call.
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