HVAC Deals: July 2024

Recent investment activity from around the industry

Hannah Makarewicz

August 8, 2024

Sila Services expands in New England and acquires Dave’s World (Maine).

Quality Heating, Cooling, Plumbing & Electric acquires Frost Air Services (Oklahoma).

Northwinds Services Group acquires Tyler Heating, Air Conditioning & Refrigeration (Connecticut).

Grasshopper Group, a newly formed company, makes its first acquisition: Hummingbird Heating & Cooling (New York).

The Master Trades Group acquires Freedom Air & Plumbing (Florida).

Gamut Capital is acquiring Airtron Heating & Air Conditioning from NRG Energy (Ohio).

Notes on onboarding, referrals, and recruiting without a private equity-sized budget

September 18, 2023

Notes on the Inflation Reduction Act, the refrigerant phase-down, and HVAC-related legislation