Merger forms major Midwest HVAC distributor
Two distributors last week announced a merger, forming the Midwest's largest independent wholesaler of Johnson Controls equipment
M&A
HVAC distributor acquires Coastal Supply, RJ Murray
The deals mark the second Northeast-focused distributor acquisition announced within the past 30 days
Koch Air acquires Standard Air, expands into Northeast
The acquisition adds to Koch Air's business four locations serving contractors across Maryland, Ohio, Pennsylvania, and West Virginia
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
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