Acquisitions

Grasshopper Group’s Formation and First Acquisition in Syracuse, NY

August 01, 2024

Albany, NY – July 30th, 2024 – The Grasshopper Group, under the visionary leadership of Amanda Triolo, proudly announces its formation and ambitious expansion plan to unite residential home service companies across the Northeast, beginning with its first acquisition of Hummingbird Heating & Cooling in Syracuse, NY. This groundbreaking initiative marks the first women-owned and led group of its kind in the United States, emphasizing long-term sustainability and profitability over short-term revenue growth.

About Amanda Triolo 

Amanda Triolo is a trailblazer in the HVAC industry, renowned for her innovative business strategies and transformative leadership. At just 31, Amanda has been recognized as one of ACHR News’ “40 Under 40” in 2022, Albany Business Review’s “40 Under 40” in 2023, received the “Power 50” award by Albany Business Review in 2024, and was named “Woman of the Year” by the E3 Women’s Organization in 2023.

Amanda’s leadership at Grasshopper Heating & Cooling has driven significant business growth while setting new standards for workplace culture. Her commitment to team building, comprehensive coaching, and mental health support services has positioned Grasshopper as a top employer, earning “Best Places to Work” by Albany Business Review for two consecutive years and “Corporate Partner of the Year” from Girls Inc.

Formation and Expansion Plan: The Grasshopper Group Forward Is Our Way Of Life 

At Grasshopper Group, a progressive culture isn’t just part of our business model; it’s the core of our strategy. We are champions of a people-first approach, mentoring companies to replicate the success of Grasshopper Heating & Cooling. Our mission is simple yet profound: We create opportunities that change lives and lead people to make great decisions.

Joining Forces for Greater Success 

Syncing entrepreneurial spirits with a collective vision, Grasshopper Group minimizes the risks of single-location operations by leveraging the collective strength of a robust network. This partnership model fosters shared success, with business owners collaborating on resources, knowledge, and unified goals. Our approach ensures every location thrives, delivering consistent, exceptional experiences and driving profitability and efficiency from day one.

Operational Excellence 

Grasshopper Group streamlines key departments—Operations, Marketing, Accounting, Customer Experience, and HR—at Grasshopper HQ to ensure efficiency, scalability, and accountability across all locations. This centralized structure supports consistent service delivery and operational excellence.

Leadership and Development 

We prioritize leadership development, offering regular coaching, access to a licensed mental health therapist, and guidance from a dedicated executive team (CEO, COO, CMO, CFO) to drive strategic direction and operational success.

Technological Innovation 

Our tech-forward approach integrates AI to unify operations across geographies, distribute methods and updates, and enhance local efficiencies. Continuous improvement and innovation keep us ahead of the curve, ensuring seamless integration and operational excellence.

Increased Profitability 

By leveraging bulk buying and procurement strategies, Grasshopper Group secures discounts, reduces costs, and boosts profitability for all member companies. Our streamlined processes and shared resources further enhance operational effectiveness and financial performance.

About Hummingbird Heating & Cooling 

Founded on over 10 years of experience, Hummingbird Heating & Cooling provides comprehensive home solutions across Upstate New York. Led by CEO Chad Terrinoni, Hummingbird is known for its commitment to customer satisfaction and operational excellence. Chad, an HVAC professional at heart, emphasizes the company’s dedication to helping customers and delivering high-quality service.

Quote from Hummingbird 

“We are excited to join The Grasshopper Group,” said Chad Terrinoni, CEO of Hummingbird. “The alignment of our values with Grasshopper’s mission is powerful. Together, we look forward to achieving new heights and driving forward progress. We’ve had the pleasure of having Amanda as a friend and a mentor for a few years now and to be able to work alongside her on this new venture will just be incredible for us! Forward is indeed a way of life.”

media@grasshopper.group

Strategic Impact 

The Grasshopper Group’s strategic focus includes:

  • Centralized Operations: Ensuring efficiency and scalability across all locations through streamlined key departments at Grasshopper HQ.
  • Leadership Development: Providing leadership coaching and mental health support, guided by a dedicated executive team.
  • Technological Integration: Leveraging AI for unified operations, continuous improvement, and enhanced local efficiencies.
  • Increased Buying Power: Securing discounts and reducing costs through bulk buying strategies.
  • Operational Efficiency: Streamlining processes to enhance profitability and operational effectiveness.

Grasshopper Group aims to set a new industry standard for the residential home service sector, ensuring sustainable growth and positive impact on all stakeholders.

Contact: 

Brianna Skiffington

CMO, Grasshopper Group

Email: media@grasshopper.group

Website: https://grasshopper.group/

For more information about The Grasshopper Group and its expansion plans, please visit https://grasshopper.group/.

media@grasshopper.group