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M&A

Roto-Rooter buys its largest franchise for $60 million
Plumbing

Roto-Rooter buys its largest franchise for $60 million

The deal marks the company’s sixth franchise acquisition of this year

Watsco buys $500 million Northeast distributor with 82 locations
HVACPlumbing

Watsco buys $500 million Northeast distributor with 82 locations

The deal marks the latest step in its buy-and-build strategy

Flint Group launches sale process
ExclusiveHVACPlumbing

Flint Group launches sale process

The residential HVAC, plumbing, and electrical platform has tapped William Blair to run the process

SharkBite parent enters exclusive acquisition talks after $2.9 billion bid
Plumbing

SharkBite parent enters exclusive acquisition talks after $2.9 billion bid

The offer from Brookfield, also the parent company of Service Experts, follows three bids from earlier this year

Home Depot’s SRS to acquire Colorado HVAC distributor
HVAC

Home Depot’s SRS to acquire Colorado HVAC distributor

The move marks SRS’s second HVAC deal, following its acquisition of Mingledorff’s, the Southeast’s largest Carrier and Bryant distributor

Owens Corning hit with unsolicited acquisition offers, WSJ says
Roofing

Owens Corning hit with unsolicited acquisition offers, WSJ says

Carlisle — which owns several roofing material brands, including Versico and WeatherBond — has made the offers in recent months

Lennox to buy Comfort-Aire, Century parent
HVAC

Lennox to buy Comfort-Aire, Century parent

The deal comes less than a year after Lennox paid $550 million for the HVAC division of NSI Industries, home to several parts and accessories brands

Q&A: The roofing M&A landscape
ExclusiveRoofing

Q&A: The roofing M&A landscape

In conversation with Aaron Toomey, Managing Director at home services-focused investment bank Anchor Peabody

May’s most popular stories
HVACPlumbing

May’s most popular stories

Some big-money action, an EPA rule change, and ChatGPT's local business ads

Apex Service Partners to receive minority investment at $10 billion valuation 
HVACPlumbing

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.