HVAC Deals: July 2024

Recent investment activity from around the industry

Hannah Makarewicz

August 8, 2024

Sila Services expands in New England and acquires Dave’s World (Maine).

Quality Heating, Cooling, Plumbing & Electric acquires Frost Air Services (Oklahoma).

Northwinds Services Group acquires Tyler Heating, Air Conditioning & Refrigeration (Connecticut).

Grasshopper Group, a newly formed company, makes its first acquisition: Hummingbird Heating & Cooling (New York).

The Master Trades Group acquires Freedom Air & Plumbing (Florida).

Gamut Capital is acquiring Airtron Heating & Air Conditioning from NRG Energy (Ohio).

Combined shipments of central ACs and heat pumps topped 975,000 in August

Budget proposals from both chambers of Congress tee up several decisions that could impact contractors in the months ahead

New startups have popped up to help contractors meet consumers' preference to shop online