Roto-Rooter buys its largest franchise for $60 million
The deal marks the company’s sixth franchise acquisition of this year
The deal marks the company’s sixth franchise acquisition of this year
The deal marks the latest step in its buy-and-build strategy
The residential HVAC, plumbing, and electrical platform has tapped William Blair to run the process
The offer from Brookfield, also the parent company of Service Experts, follows three bids from earlier this year
The move marks SRS’s second HVAC deal, following its acquisition of Mingledorff’s, the Southeast’s largest Carrier and Bryant distributor
Carlisle — which owns several roofing material brands, including Versico and WeatherBond — has made the offers in recent months
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
In conversation with Aaron Toomey, Managing Director at home services-focused investment bank Anchor Peabody
Some big-money action, an EPA rule change, and ChatGPT's local business ads
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.
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