HVAC Deals: February 2024

Recent investment activity from around the industry

HVAC Deals: February 2024

February 2024

Read: Wrench Group scoops Lindstrom Air Conditioning & Plumbing (FL).

Read: PremiStar acquires Johansen & Anderson and Mercury Mechanical (IL). (For Mercury: Read)

Read: Sila Services acquires ECS Comfort Heating & Cooling (PA) and Ainsley Heating & Cooling (OH). (For Ainsley: Read)

Read: Grove Mountain Partners launches a new platform, Service Country, and makes its first acquisition, McGee Heating and Air (SC).

Read: Interstate AC Service, backed by Point 41, snags Anchor Heating & Air Co. (GA).

Read: Quality Heating, Cooling, Plumbing & Electric expands in Oklahoma and acquires Reed Family Heating & Air Conditioning (OK).

Keep reading

Service Experts kicks off franchise push

Service Experts kicks off franchise push

The 30-year-old HVAC and plumbing platform, which generates roughly $1 billion in annual revenue, announced in late 2025 that it would begin offering franchises

Customers are spending more than last summer, data shows

Customers are spending more than last summer, data shows

From May to July, average tickets from organic channels rose by over 10% year-over-year

Mixed signals cloud consumer financing approval outlook

Mixed signals cloud consumer financing approval outlook

While nationwide FICO scores remain stable, credit delinquencies are at 12-year highs, creating an uncertain financing approval environment