HVAC investors eye M&A uptick in 2025
Following a period of high interest rates and economic uncertainty, the HVAC investor community is optimistic about this year
M&A
Rheem parent to buy Fujitsu’s HVAC business for $1.6 billion
The deal marks the third major OEM acquisition announced in the past six months
Our most-read stories of December
M&A, international expansion, and what’s next for the HFC phasedown
Apex Service Partners acquires technology company
The nation's largest residential HVAC consolidator has acquired three-year-old tech company HomeBreeze
“As long as we were hitting our numbers, they left us alone,” says contractor on private equity
Post Close is a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
HVAC investments flowing to the South, analysis shows
Between 2022 and 2024, private equity-backed platforms favored the South when making acquisitions, according to a new analysis
Goldman Sachs’ private equity arm to acquire Sila Services
The deal values the company at about $1.7 billion, or ~17x its 12-month EBITDA of just under $100 million, according to a few people familiar with the matter
Our most-read stories of October
Q&As, dispatching, private equity, and more
Post Close: “I felt like they left me out here on an island,” says contractor
Post Close is a monthly series anonymously highlighting the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
Q&A: Multiples, IPOs, and what’s next in HVAC M&A
A couple weeks ago, I chatted with Will Schryver, a former investment banker currently putting together his own residential HVAC platform, about all things M&A-land