HVAC Deals: March 2024
Recent investment activity from around the industry
March 2024
Read: Liberty Service Partners acquires Aire Care Mechanical (Knoxville, TN).
Read: The Master Trades Group acquires Stan’s Home Services, which consists of Stan’s Heating, Air, Plumbing & Electrical (Austin, TX) and Wagner Mechanical (Albuquerque, NM).
Read: Redwood Services invests in its 14th partner, Parks Heating Cooling Plumbing & Electrical (Charlotte, NC).
Read: Investment firm Littlejohn & Co acquires United Air Temp, which serves customers along the East Coast and has over 850 total employees (Lorton, VA).
Read: Employee-owned Empowered Ventures acquires Benoure Plumbing, Heating & Air Conditioning (South Burlington, Vermont).
Read: Broad Sky Partners acquires Punctual Pros, a franchise operator of One Hour Heating & Air Conditioning, Benjamin Franklin Plumbing, and Mister Sparky Electrical (Central Pennsylvania).
Read: Sila Services announces its acquisition of Glasco Heating & Air Conditioning (South Windsor, CT).
Keep reading
New PIN rule hits HVAC tax credit: What to know
The IRS is requiring homeowners to include a PIN for each piece of qualifying equipment installed starting this year to claim a tax credit
Contractors spared as Treasury scraps ownership reporting rule
Certain contractors are no longer required to report their owners' personal information to the Treasury Department
Trump extends global tariff pause: HVAC’s state of play
Dozens of countries' tariff rates were set to revert to higher levels on July 9, but the president pushed the date to August 1
