Abacus was founded on April 29, 2003, with O’Neill and a partner. O’Neill came up with the company name “ABACUS” while looking for a company name that would be alphabetically beneficial for the yellow pages. The tagline, “You Can Count on Us,” was a perfect pun off the word abacus, which is an ancient counting device, and is incorporated into the logo.
Abacus’ Plumbing business started taking off almost immediately thanks to a commitment to advertising, including an early endorsement by Tom Tynan, who is still endorsing Abacus Plumbing to this day. Read the full press release here »
During this celebratory event, Alan O’Neill will thank key people who have been a part of ABACUS’ 15-year story and looking forward to another 15 years, while highlighting three employees who started with Abacus in the beginning.
Abacus was founded on April 29, 2003, with O’Neill and a partner becoming 50/50 partners. O’Neill bought out his partner’s share of the business in 2008. O’Neill came up with the company name “ABACUS” while looking for a company name that would be alphabetically beneficial for the yellow pages. The tagline, “You Can Count on Us,” was a perfect spun off the word abacus, which is an ancient counting device, and is incorporated into the logo.
Abacus Plumbing started with just two trucks and five employees, three of which are still employed at Abacus, and whom will be honored during the all employee celebration. The company often doubled its revenue and size year after year, recognized by “Inc. 5000’s Fastest-Growing Private Companies” in 2010 and 2011.
In 2012, Alan O’Neill decided it was in the best interest of the company to partner with a private equity firm, which would provide for stability and security of all its employees, while enabling the company to expand into other services, such as HVAC and eventually electrical.
In 2012, Abacus Plumbing became Abacus Plumbing & Air Conditioning, revenue jumped from $18.5 million in 2014 to $27 million in 2015, Abacus added residential electrical services. In August of 2017, just before Hurricane Harvey, Abacus moved into its new 60,000 square foot facility near IAH off Beltway 8 and JFK Blvd. Now, in 2018, O’Neill expects revenue to be over $40 million with hundreds of vehicles and close to 200 employees.
About Abacus Plumbing, Air Conditioning & Electrical
Abacus is a full-service residential contractor that has been serving the greater Houston area since 2003. Abacus is a member of the Greater Houston Women’s Chamber of Commerce and has been an accredited member of the Houston BBB since 2003, maintaining an A+ rating and having earned 10 Awards for Excellence including three Pinnacle Awards, the highest achievement possible. Abacus is licensed, insured and bonded, and offers 24/7 emergency service. To learn more about Abacus, visit www.abacusplumbing.net or call (713) 812-7070. License Numbers: ALAN O’NEILL M-20628 | TACLB82488E | TECL 3055