May’s most popular stories
Some big-money action, an EPA rule change, and ChatGPT's local business ads
Alec Stevanovski
Latest stories
DOE unfreezes Home Energy Rebates, nixes gas-to-electric upgrades
The Department of Energy on Monday released guidance on two federal HVAC-focused rebate programs, including a series of changes
Apex Service Partners to receive minority investment at $10 billion valuation
Founded in 2019 with backing from California-based Alpine Investors, Apex is the largest private equity-backed residential HVAC, plumbing, and electrical platform in the U.S.
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Avoca co-founders on a $1 billion valuation, tomorrow’s CSRs, and AI’s trust dilemma
In late April, the home services-focused AI company announced that it has raised over $125 million in funding since its 2022 inception, most recently clinching a $1 billion valuation
USA Hometown Experts exploring sale, reports say
While the reported process is in the early stages, it follows a string of private equity-backed platform activity this year
Redwood Services buys five-contractor group for $220 million
The deal marks just the second platform-buys-platform transaction among today’s residential HVAC, plumbing, and electrical platforms
Google channels diverged on paying customers, average ticket in Q1: Analysis
Google’s primary lead generation channels, from Business Profiles to Local Services Ads, in the first quarter of this year told different stories, according to one analysis
Federal courts uphold gas bans in Maryland, D.C.
The decisions, issued one day apart, rejected the same legal argument made by trade associations that the Energy Policy and Conservation Act (EPCA), a federal appliance law, preempts local gas bans
HVAC buying indicator holds steady in February
In the University of Michigan’s popular consumer survey, when asked whether now is a good or bad time to buy ‘major household items,’ 32 percent of respondents said it was a good time
American Residential Services exploring sale, report says
The process, which is being run by investment bank Rothschild & Co, is at an “early stage,” according to Reuters