M&A

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.

USA Hometown Experts exploring sale, reports say
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

Redwood Services buys five-contractor group for $220 million
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

Watsco to buy $230 million HVAC distributor Jackson Supply
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

Roto-Rooter snaps up two franchises for $20.6 million
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”

American Residential Services exploring sale, report says
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

Mingledorff’s to be acquired by Home Depot’s SRS Distribution
HVAC

Mingledorff’s to be acquired by Home Depot’s SRS Distribution

Founded in 1939, Mingledorff’s counts 42 locations across five Southeastern states and is the region’s largest Carrier and Bryant distributor

Champions Group strikes $2.5 billion Blackstone deal
HVACPlumbing

Champions Group strikes $2.5 billion Blackstone deal

The deal marks the first major platform-level residential HVAC transaction since May 2025