Zephyr, a new home services roll-up, raises $60 million
The company expects to cross $100 million in revenue this year and plans to use the capital to fund future acquisitions
M&A
ARS, Flint Group, TurnPoint Services CEOs talk operations, state of the HVAC industry
At ServiceTitan's Pantheon event early this month, the execs joined ServiceTitan's Chief Revenue Officer for a panel discussion
HVAC Deals: September 2024
Recent investment activity from around the industry
“I don’t think there’s a right or wrong answer,” says contractor about private equity
Welcome to Post Close, a monthly series anonymously exploring the thoughts of HVAC contractors who have sold their businesses to a private-equity-backed platform
Most-Read: September
A roundup of our five most-read stories from September
Inside Pantheon
ServiceTitan hosted its annual Pantheon event in Orlando this week
Morgan Stanley exploring $1.5 billion Sila Services sale
The potential sales price implies a roughly 15x multiple of the company's near-$100 million EBITDA, according to Reuters
HVAC Deals: August 2024
Recent investment activity from around the industry
The ripple effect: How distributor consolidation could impact contractors
Like with all consolidation, there are pros and cons. But in this case, two factors stand out
Rheem to buy Nortek Global HVAC
This marks the second major OEM deal announced in the past two months