M&A

Bain Capital rounds up $3.1 billion to buy Service Logic
HVAC

Bain Capital rounds up $3.1 billion to buy Service Logic

The private equity firm has lined up financing from Wall Street to acquire the commercial HVAC provider, Bloomberg reported

JPMorgan accelerates push into commercial HVAC, related services
HVAC

JPMorgan accelerates push into commercial HVAC, related services

The banking giant is aiming to quintuple both the revenue and headcount of its business services group, including the HVAC industry

Contractor-owned platform preps for potential sale
HVAC

Contractor-owned platform preps for potential sale

Platform Partners, a group of residential HVAC, plumbing, and electrical businesses, is preparing to explore a sale process, Homepros has learned 

Rheem parent finalizes acquisition of Fujitsu General
HVAC

Rheem parent finalizes acquisition of Fujitsu General

The Friday announcement comes over seven months after the two companies first announced the deal in January

SF&P Advisors CEO on the HVAC M&A market
HVAC

SF&P Advisors CEO on the HVAC M&A market

A candid conversation about the state of the M&A market, including buyer demand, EBITDA multiples, and what's next

Lennox to acquire HVAC parts brands for $550 million
HVAC

Lennox to acquire HVAC parts brands for $550 million

The company announced Monday that it's purchasing the HVAC division of NSI Industries, which includes several parts and accessories brands

SupplyHouse lands private equity investment
HVAC

SupplyHouse lands private equity investment

The HVAC-focused e-commerce distributor has received a strategic investment from private equity giant KKR, the company announced Thursday

Rheem parent moves forward with Fujitsu HVAC acquisition
HVAC

Rheem parent moves forward with Fujitsu HVAC acquisition

The company has completed its tender offer for Fujitsu's HVAC subsidiary, nearly five months after announcing the deal

Columbia Home Services, P1 Service Group near merger
HVAC

Columbia Home Services, P1 Service Group near merger

The deal will mark the third platform-level HVAC transaction this year, and represents the first true merger between established groups

Air Pros lines up buyers in bankruptcy case, docs show
HVAC

Air Pros lines up buyers in bankruptcy case, docs show

The company has designated successful bidders for each of its business units, as part of its Chapter 11 bankruptcy case, per court records