Apex Service Partners acquires technology company
The nation's largest residential HVAC consolidator has acquired three-year-old tech company HomeBreeze
M&A
“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
Zephyr, a new home services roll-up, raises $60 million
The company expects to cross $100 million in revenue this year and plans to use the capital to fund future acquisitions
ARS, Flint Group, TurnPoint Services CEOs talk operations, state of the HVAC industry
At ServiceTitan's Pantheon event early this month, the execs joined ServiceTitan's Chief Revenue Officer for a panel discussion
HVAC Deals: September 2024
Recent investment activity from around the industry