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
M&A
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
ExclusiveRoofing
Q&A: The roofing M&A landscape
In conversation with Aaron Toomey, Managing Director at home services-focused investment bank Anchor Peabody
HVACPlumbing
May’s most popular stories
Some big-money action, an EPA rule change, and ChatGPT's local business ads
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.
HVACPlumbing
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
HVACPlumbing
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
HVAC
Watsco to buy $230 million HVAC distributor Jackson Supply
Jackson Supply Company counts 25 locations across the Sunbelt, including Texas, Tennessee, Oklahoma, and Arizona
Plumbing
Roto-Rooter snaps up two franchises for $20.6 million
The Roto-Rooter corporate entity has been acquiring franchises to “boost productivity, market share, and profitability”
HVACPlumbing
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