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M&A

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

Yelp to buy AI platform Hatch for $300 million
HVACPlumbing

Yelp to buy AI platform Hatch for $300 million

The partnership "gives us an incredible amount of resources to improve the platform," Hatch CEO Chris Bache tells Homepros

A.O. Smith finalizes $470 million Leonard Valve buy
Plumbing

A.O. Smith finalizes $470 million Leonard Valve buy

The company first announced the deal in November 2025

Pacific Plumbing Supply acquires M&L Supply
Plumbing

Pacific Plumbing Supply acquires M&L Supply

"This acquisition is an important and unique opportunity to strengthen our business," said Pacific CEO Ron Abramson

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